JSW Energy signs deal to acquire 1.75 GW renewable portfolio in India from Mytrah Energy
JSW Neo Energy, a unit of JSW Energy, has entered into an agreement with Mytrah Energy India Pvt. Ltd., a subsidiary of Mytrah Energy, to acquire a renewable energy portfolio with a combined capacity of 1,753 MW for a total of INR105.3 billion (US$1.33 billion).
The portfolio consists of a 1,331 MW wind power capacity from 10 special purpose vehicles (SPVs) and 422 MW solar power generation from 7 Solar SPVs. The projects are spread across southern, western, and central parts of India and have secured long-term power purchase agreements (PPAs) with an average remaining life of 18 years.
The deal is subject to approval by the Competition Commission of India.
Country updates
-
-
August 10, 2022
Inox Wind to supply turbines for 200 MW Onshore wind farm in India
NTPC Renewable Energy Limited has awarded Inox Wind the turbine supply order for a 200 MW wind project located at Dayapar site, Kutch District in Gujarat, India.
Read more -
August 10, 2022
Ohmium, Spirare work with NTPC on green hydrogen project in Delhi
Ohmium International, Inc. has teamed up with Spirare Energy to develop a green hydrogen production facility at the NTPC's Energy Technology Research Alliance (NETRA) Campus in New Delhi, India....
Read more -
August 10, 2022
Amp Energy, REWA sign PPA for 600 MW floating solar power plant in Madhya Pradesh
Amp Energy India has entered into a power purchase agreement (PPA) with Rewa Ultra Mega Solar Ltd (RUMSL) for the 100 MW/140 MWp portion of the floating solar photovoltaic (PV) project ...
Read more -
August 05, 2022
SECI extends deadlines of Indian two solar tenders
The Solar Energy Corporation of India (SECI) has decided to push back the deadline for its two massive solar power generation projects with a combined capacity of 1,710 megawatts. The capacity include...
Read more -
August 04, 2022
SECI launches RFS for 8 MW waste-to-energy plant in Uttar Pradesh
The Solar Energy Corporation of India Ltd. (SECI) has launched a Request for Selection (RFS) for the development of the 8 MW grid-connected waste-to-energy project that will be located in Kanpur, ...
Read more
