JSW Energy inks 400 MW PPA with Karnataka DISCOMs for 25 years

• JSW Energy (Utkal) Limited signed a Power Purchase Agreement (PPA) for 400 MW with Karnataka DISCOMs.
• The 25-year PPA commences April 1, 2026, at a tariff of ₹5.78 per kWh.
• This agreement reduces JSW Energy's open capacity from approximately 8% to 5%, enhancing long-term revenue visibility.
• JSW Energy targets 30 GW generation capacity and 40 GWh energy storage by FY2030, aiming for carbon neutrality by 2050.
• The company is a leading private sector power producer in India, part of the USD 23 billion JSW Group.

Why It Matters: JSW Energy's 400 MW PPA strengthens revenue visibility and reduces business risk.