July 22, 2025 11:56 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Air India completes inspections of Fuel Control Switch on Boeing aircrafts after deadly Ahmedabad crash | Supreme Court refuses to stop QR code directive for eateries along Kanwar Yatra route | 'Can't allow Aadhaar, Voter ID, Ration cards as eligible documents for SIR': Election Commission to Supreme Court | 'Wish him good health': PM Modi on Jagdeep Dhankhar's shock resignation | 'There are far deeper reasons': Congress on Jagdeep Dhankhar's shock resignation as Veep | Donald Trump ended India-Pakistan war: White House repeats 'ceasefire' claim | Bangladesh: 27 people, including 25 students, die in jet crash | Mamata Banerjee says SIR won't be allowed in Bengal, threatens to launch movement if exercise is attempted | Deeply shocked and saddened: Narendra Modi on Bangladesh aviation tragedy | Former Kerala CM VS Achuthanandan dies at 101 after prolonged illness
JSW Energy | SECI

JSW Energy granted LoA for 500MW standalone battery storage system from SECI

| @indiablooms | Jan 20, 2023, at 05:15 am

Mumbai: JSW Renew Energy Five Limited, a 100 pc step-down subsidiary of JSW Energy Limited has received Letter of Awards (LoA) for total 500MW/1,000MWh Standalone Battery Energy Storage Systems (two projects each of 250 MW / 500 MWh) from Solar Energy Corporation of India
Limited (SECI).

The company will be entitled to receive a fixed capacity charge of Rs 10.8 lakhs per MW per month for twelve years.

SECI’s obligation will be limited to 60 percent of the project capacity/energy and the remaining 40 percent of the project capacity is to be managed by JSWEL.

Prashant Jain, Joint Managing Director and CEO of JSW Energy, said: “We are excited to receive the LoA for Battery Energy Storage System which marks our foray into energy storage solutions. This is an essential step towards our nation’s energy security and grid stability and gives us an early mover advantage in the storage solution space."

This is in line with the company’s long-term strategy to transition towards an energy products and solutions company, he added.

(With UNI inputs)

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu