JSW Energy’s 25-year, ₹5.78/kWh Karnataka play signals bold push for predictable green cash flows

JSW Energy Ltd continues its aggressive expansion in the renewable energy space with a major PPA signing that bolsters its Karnataka footprint. The agreement with state distribution companies ensures reliable power supply while locking in favorable economics for decades ahead.

Key Highlights

Capacity and Duration: 400 MW firm power commitment under a 25-year PPA framework.

Tariff Rate: Fixed at ₹5.78 per kWh, reflecting efficient project execution and low-cost generation.

Counterparties: Executed with Karnataka Power Transmission Corporation Ltd (KPTCL) and local DISCOMs like BESCOM, MESCOM.

Strategic Benefits: Enhances JSW's green portfolio, supports Karnataka's renewable targets, and provides revenue visibility amid rising power demand.

This move aligns with India's clean energy transition goals.

Source: Corporate announcement by JSW Energy Ltd via BSE and NSE regulatory filings.