JSW Energy looks to reach 10 GW capacity by 2025 and 20 GW capacity by 2030.
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JSW Energy on Thursday announced that its step-down subsidiary, JSW Renew Energy Five Ltd., has received letters of award (LoA) from Solar Energy Corporation of India Ltd. (SECI) for standalone battery energy storage systems of 500 MW and 1,000 MW.
JSW Energy will be entitled to receive a fixed capacity charge of Rs 10.8 lakh per month for 12 years.The SECI’s obligation will be 60 percent of the project capacity while the remaining 40…