JSW Energy secures BESS and PCS order from Bondada Renewable Energy

JSW Energy PSP Eleven Limited (JEPEL), a step-down subsidiary of JSW Energy Limited ("the Company"), has secured orders aggregating to ₹443.74 crore (200 MW / 400 MWh of BESS) from Bondada Renewable Energy Private Limited, a wholly owned subsidiary of Bondada Engineering Limited, for the supply of BESS and PCS solutions. JEPEL operates a 5 GWh per annum battery assembly plant in Pune.

This engagement represents a step forward in the Company's strategic expansion in the energy storage segment, reinforcing its commitment to building capabilities across the energy value chain. Battery Energy Storage Systems are increasingly becoming critical for India's evolving power ecosystem, supporting grid stability, peak load management, renewable energy integration, and round-the-clock power supply.

JSW Energy has a total locked-in generation capacity of 32.1 GW - comprising 14.53 GW operational and 13.0 GW under construction across thermal, hydro, and renewables - along with a pipeline of 4.6 GW. The company also has 29.6 GWh of locked-in energy storage capacity, comprising pumped hydro storage of 26.4 GWh and battery energy storage systems of 3.2 GWh. The company aims to reach 30 GW of generation capacity and 40 GWh of energy storage capacity by 2030, and achieve carbon neutrality by 2050.

Shares of JSW Energy Limited was last trading in BSE at Rs. 553.30 as compared to the previous close of Rs. 533.20. The total number of shares traded during the day was 66456 in over 1999 trades.

The stock hit an intraday high of Rs. 554.65 and intraday low of 535.60. The net turnover during the day was Rs. 36439837.00.

Source : Equity Bulls

Keywords

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