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JSW Energy and SJVN Ink Deal

1 Jul 2024

700 MW Solar Project in Rajasthan

In a significant move towards renewable energy, JSW Energy has signed a Power Purchase Agreement (PPA) with state-owned SJVN for a 700 megawatt (MW) inter-state transmission system (ISTS) solar project in Rajasthan. This ambitious project aims to be commissioned within the next 24 months, marking a substantial step in India's green energy transition.

Key Details of the Agreement

  • Project Capacity: 700 MW ISTS-connected solar power.

  • Tariff: The PPA stipulates a tariff of Rs 2.52 per kilowatt-hour (KWh) for a period of 25 years.

  • Total Locked-In Capacity: 13.9 GW, with 3.5 GW dedicated to solar power.

Project Execution

JSW Renew Energy (Raj) Limited, a wholly-owned subsidiary of JSW Energy, is tasked with executing this solar project. This deal enhances JSW Energy's renewable portfolio, further cementing its commitment to sustainable energy.

Strategic Importance

This solar project is part of a broader strategy to increase renewable energy sources in India. The 700 MW capacity will contribute significantly to the country's renewable energy targets, reducing reliance on fossil fuels and cutting down greenhouse gas emissions.

Broader Impact

This agreement aligns with India's ambitious renewable energy goals and highlights the growing importance of public-private partnerships in the renewable sector. By leveraging state-owned SJVN's infrastructure and expertise, along with JSW Energy's commitment to green energy, the project aims to deliver substantial environmental and economic benefits.


The partnership between JSW Energy and SJVN for the 700 MW solar project in Rajasthan marks a pivotal development in India's renewable energy landscape. With a focus on sustainability and long-term environmental impact, this project sets a benchmark for future renewable energy initiatives in the country. As India progresses towards its green energy goals, collaborations like this will play a crucial role in driving the nation towards a sustainable future.

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