JSW Energy Signs 12-Year Deal For 250 MW Battery Storage In Rajasthan

By BasisPoint Insight

July 1, 2025 at 4:51 PM IST

JSW Energy Ltd. said its subsidiary JSW Renew Energy Thirty Seven Ltd. has signed a 12-year agreement with Rajasthan Vidyut Utpadan Nigam Ltd. for a 250 MW/500 MWh battery energy storage system.

To be set up on a build-own-operate basis, the project will receive viability gap funding and operate at a tariff of ₹224,000 per MW per month.

With this, JSW Energy’s total committed storage capacity rises to 29.3 GWh, comprising 2.9 GWh of battery storage and 26.4 GWh of pumped hydro.