JSW Energy (NSE:JSWENERGY, BOM:533148), through its wholly-owned subsidiary JSW Neo Energy, has signed a power purchase agreement with Solar Energy Corporation of India (SECI), according to a Friday filing to the Indian stock exchanges.
The power purchase agreement is for the supply of 230 MW inter-state transmission system-connected firm and dispatchable renewable energy under the SECI-FDRE Tranche IV scheme.
The agreement has been signed for a tenure of 25 years at a tariff of 4.98 Indian rupees per kWh.
With this, the company's total under-construction capacity now stands at 12.9 GW, and its total locked-in generation capacity is 30.2 GW.
The company's shares were down 1% in recent trade.
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