Thursday, March 30 2023 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Mar 27
Week of Mar 20
Week of Mar 13
Week of Mar 06
Week of Feb 27
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    JSW Energy picks up LoAs for 500 MW/1,000 MWh of BESS in India

    January 19, 2023 - SeeNews Renewables


      January 19 (Renewables Now) - Indian power company JSW Energy Ltd (BOM:533148) said on Thursday that its wholly-owned subsidiary has received Letter of Awards (LoAs) from Solar Energy Corporation of India Limited for two 250-MW/500-MWh standalone battery energy storage systems (BESS).

      The subsidiary, JSW Renew Energy Five Limited, will be entitled to receive a fixed capacity charge of INR 1.08 million (USD 13,290/EUR 12.290) per MW per month for 12 years. SECI’s obligation will be limited to 60% of the project capacity/energy, while the remaining 40% of the project capacity will be managed by JSW Energy, the company said.

      “We are excited to receive the LoA for Battery Energy Storage System which marks our foray into energy storage solutions,” Prashant Jain, joint managing director and CEO of JSW Energy, said in a filing to the stock market.

      At present, JSW Energy has around 1.7 GW of renewable energy capacity in operation and 2.63 GW of projects under construction and in the pipeline. With the acquisition of 1.75 MW of wind and solar assets from independent power producer Mytrah Energy, JSW Energy’s total locked-in renewables portfolio stands at about 6 GW, the company added.

      (INR 100 = USD 1.231/EUR 1.139)


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.