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JSW Energy Wins LoA for Battery Energy Storage Solution

JSW Renew Energy Five, a 100 percent stepdown subsidiary of JSW Energy (JSWEL) has received letter of award (LoA) for battery energy storage systems from Solar Energy Corporation of India (SECI).

 

The LoA has been awarded through tariff based competitive bidding invited by SECI for setting up of pilot projects of 500 MW / 1,000 MWh standalone battery energy storage systems (ESS-I).

 

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

 

The company's total renewable locked-in capacity of the company stands at 6.0 GW against its near-term target of 10 GW by 2025.

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