JSW Energy announced today that it has started construction of the 1 GWh battery energy storage system (BESS) awarded by Solar Energy Corp. of India (SECI). It expects to commission the project by June 2025.
The BESS project consists of two installations, each with a 500 MWh storage capacity, designed for two hours of storage in one cycle.
JSW Energy will develop under a build-own-operate-transfer (BOOT) mechanism. The project will be transferred to the offtaker after 12 years.
JSW Energy is also spearheading the development of the largest commercial-scale green hydrogen project in India and first in the country for making green steel. It has signed a seven-year green hydrogen supply agreement with JSW Steel Ltd for 3,800 tons per annum (tpa), along with associated green oxygen. The detailed engineering work and ordering of equipment have been completed with commissioning expected in the fourth quarter of the current fiscal FY 2025.
Additionally, the company has been allotted a capacity of 6,800 tpa under the Strategic Interventions for Green Hydrogen Transition (SIGHT) program by SECI.
Furthermore, a Memorandum of Understanding (MoU) has been signed with JSW Steel Ltd to supply additional 85,000 to 90,000 tpa of green hydrogen, along with 720,000 tpa of green oxygen, progressively by 2030.
JSW Energy is a private-sector power producer with total locked-in generation capacity of 13.3 GW comprising 7.3 GW operational, 2.6 GW under-construction across wind, thermal and hydro and pipeline of 3.4 GW. In addition, the company has 3.4 GWh of locked-in energy storage capacity through battery energy storage system and hydro pumped storage project. It aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030. JSW Energy has set an ambitious target of achieving Carbon Neutrality by 2050.
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