JSW Energy Signs PPA with BESCOM for Solar Project with Battery Storage Solar Project
The collaborative project will be developed on a designated site and connected to the 220/400 kV KPTCL Firozabad substation in Kalaburagi district.
JSW Energy Signs PPA with BESCOM for Solar Project with Battery Storage Solar Project
JSW Renew Energy Forty-Five Limited, a step-down subsidiary of JSW Energy Limited, has signed a Power Purchase Agreement with Bangalore Electricity Supply Company (BESCOM) for a grid-connected 100MW Solar Project with 100MWh Battery Energy Storage System (BESS).
The collaborative project will be developed on a designated site and connected to the 220/400 kV KPTCL Firozabad substation in Kalaburagi district.
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The Power Purchase Agreement (PPA) has been signed for a tenure of 25 years at a tariff of Rs 4.31 per kWh. Subsequent to this the Company's total locked-in energy storage capacity stands at 29.4 GWh, including 3.0 GWh of BESS and 26.4 GWh of Pumped Hydro Storage.
The Company is well-positioned to achieve its target of 40 GWh of energy storage by 2030.
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