JSW Energy Secures ₹443.74 Crore BESS Order from Bondada Renewable Energy

Mumbai, July 10: JSW Energy Ltd on Friday said its step-down wholly owned subsidiary, JSW Energy PSP Eleven Limited (JEPEL), has secured orders worth ₹443.74 crore from Bondada Renewable Energy Pvt Ltd for the supply of Battery Energy Storage Systems (BESS) and Power Conversion Systems (PCS).

Bondada Renewable Energy is a wholly owned subsidiary of Bondada Engineering Ltd.

The order involves the supply of a 200 MW / 400 MWh Battery Energy Storage System (BESS), further strengthening JSW Energy's presence in India's fast-growing energy storage sector.

JEPEL operates a 5 GWh per annum battery assembly plant in Pune, which manufactures advanced battery storage solutions for utility-scale energy projects.

Focus on Energy Storage

JSW Energy said the new order marks another step in expanding its energy storage business. Battery Energy Storage Systems are becoming increasingly important for India's power sector as they help improve grid stability, support renewable energy integration, manage peak electricity demand and enable round-the-clock power supply.

The company has been steadily increasing its investments in energy storage as part of its long-term clean energy strategy.

Growing Power and Storage Portfolio

JSW Energy currently has a locked-in power generation capacity of 32.1 GW, including 14.53 GW of operational capacity, 13 GW under construction, and a development pipeline of 4.6 GW.

Its total locked-in energy storage capacity stands at 29.6 GWh, comprising 26.4 GWh of pumped hydro storage and 3.2 GWh of battery energy storage systems.

The company aims to achieve 30 GW of power generation capacity and 40 GWh of energy storage capacity by 2030. It has also set a target of becoming carbon neutral by 2050.

The latest order is expected to further strengthen JSW Energy's position in India's rapidly expanding battery energy storage market.

Order Highlights