JSW Energy Arm Secures 400 MW PPA with Karnataka Discoms

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News18•12-12-2025, 14:00
JSW Energy Arm Secures 400 MW PPA with Karnataka Discoms
- •JSW Energy's arm, JSW Energy (Utkal) Ltd, signed a Power Purchase Agreement (PPA) to supply 400 MW to Karnataka discoms.
- •The 25-year agreement begins April 1, 2026, at a tariff of Rs 5.78 per kWh.
- •This PPA strengthens JSW Energy’s long-term revenue visibility and de-risks its generation portfolio.
- •JSW Energy's total locked-in generation capacity now stands at 30.5 GW.
- •The company aims for 30 GW generation capacity and 40 GWh energy storage by FY 2030, and carbon neutrality by 2050.
Why It Matters: Secures JSW Energy's long-term revenue and strengthens financial stability.
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