JSW Energy signs 540 MW wind power purchase agreement with Solar Energy Corporation of India

JSW Energy said on Monday that its subsidiary JSW Renew Energy has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for 540 megawatt (MW) of wind-based electricity.

JSW Energy marked its entry into the wind power generation sector by winning 810 MW projects in the auction conducted by SECI in August 2020. Sources aware of the developments said talks are currently under way between the company and SECI to sign a PPA for the remaining capacity won in the auction. The company was awarded the wind project against its quote of Rs 3 per unit.

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