JSW Renewable Energy Signs Landmark Solar PPA with NTPC

JSW Renew Energy Thirteen Ltd has signed a significant power purchase agreement with NTPC for a 700 MW solar project. The tariff is set at Rs 2.59/kilowatt hour. The project is part of a larger solar pipeline, with commissioning expected by June 2026.

JSW Renew Energy Thirteen Ltd, a subsidiary of JSW Energy, has entered a groundbreaking 25-year power purchase agreement with NTPC, a state-owned entity.

The agreement covers a 700 MW solar project, with the tariff anchored at Rs 2.59 per kilowatt hour, according to an official exchange filing.

The project is slated for commissioning by June 2026 and is part of a robust solar pipeline currently standing at 3.2 GW with signed agreements for 2.0 GW.

(With inputs from agencies.)