Business Update6 Mar 2024, 12:04 am
JSW Energy Signs BESPA for 250 MW Battery Energy Storage System
AI Summary
JSW Energy Limited, a leading renewable energy company, has signed a Battery Energy Storage Purchase Agreement (BESPA) for a 250 MW battery energy storage system with Solar Energy Corporation of India Limited. The project is expected to supply power within 18 months and is part of the company's ambitious target to reach 20 GW generation capacity and 40 GWh of energy storage capacity by 2030.,
Key Highlights
- Signed BESPA for 250 MW battery energy storage system
- Total locked-in generation capacity of 11.0 GW
- Aims to achieve 50% reduction in carbon footprint by 2030
- Expects to have 9.8 GW of operational generation capacity by CY 2024