JSW Renew Energy signs PPA for supply of 540 MW wind energy

JSW has announced that its arm JSW Renew has inked a purchase agreement for supply of 540 MW from a total blended capacity of 810 MW, which was bagged through a competitive bidding process.

JSW Renew Ltd — a wholly-owned subsidiary of JSW Future Ltd — has signed a Purchase Agreement (PPA) with Corporation of Ltd () for the contracted capacity of 540 MW out of the total awarded capacity of 810 MW, as per a BSE filing said.

This is the single largest PPA for / blended category in the industry, and marks the foray of the company into the wind/ blended wind energy generation segment, it added.

In September 2020, said that JSW Future Energy Ltd had received Letter of Awards for total blended wind capacity of 810 MW in respect of the tariff-based competitive bids invited by for setting up of 2,500 MW (Inter State Transmission System)-connected blended (Tranche – IX).