JSW Renew Energy (Raj) Limited, a wholly-owned step-down subsidiary of JSW Energy Limited, has signed power purchase agreement (PPA) with SJVN Limited for interstate transmission system-connected solar capacity of 700 MW.
The PPA is signed for supply of power for a period of 25 years with a tariff of Rs 2.52 per kWh. The project is located in Rajasthan and is expected to be commissioned in the next two years. This will take the total locked-in solar capacity of the company to 3.5 GW.