JSW Energy signs BESPA for 250 MW / 500 MWh BESS with RVUNL

JSW Energy signs BESPA for 250 MW / 500 MWh BESS with RVUNL

By: ICN Bureau

Last updated : July 02, 2025 8:26 am



These projects will be developed on a Build, Own and Operate model


JSW Renew Energy Thirty Seven Limited, a step-down subsidiary of JSW Energy Limited, has signed Battery Energy Storage Purchase Agreements (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) for 250 MW / 500 MWh standalone Battery Energy Storage System (BESS).

These projects will be developed on a Build, Own and Operate model in the state of Rajasthan. The BESPA is signed for a duration of 12 years, with a tariff of Rs. 2, 24,000 per MW per month, and is supported by viability gap funding.

The company's total locked-in energy storage capacity stands at 29.3 GWh, including 2.9 GWh of BESS and 26.4 GWh of Pumped Hydro Storage. With this, the Company is well-positioned to achieve its target of 40 GWh of energy storage by 2030.

JSW Renew Energy Thirty Seven Limited JSW Energy Limited Battery Energy Storage Purchase Agreements BESPA Rajasthan Rajya Vidyut Utpadan Nigam Limited Battery Energy Storage System

First Published : July 02, 2025 12:00 am