The shares of the Renewable energy company, specializing in power generation across the energy value chain, including generation, transmission, and trading, are in focus upon signing a 25-year Power Purchase Agreement with BESCOM for a solar project combined with a Battery storage system.
With a market capitalization of 93,007.50 Crores on Thursday, the shares of JSW Energy Ltd jumped upto 0.92 percent, making a high of Rs. 538.65 compared to its previous close of Rs. 533.70.
JSW Energy, through its subsidiary JSW Renew Energy Forty Five Limited, has signed a Power Purchase Agreement (PPA) with Bangalore Electricity Supply Company (BESCOM) for a 100 MW solar project integrated with a 100 MWh Battery Energy Storage System (BESS).
The project, to be developed in Kalaburagi district and connected to the KPTCL Firozabad substation, will operate under a 25-year PPA at a tariff of Rs. 4.31 per kWh. This agreement increases the company’s total locked-in energy storage capacity to 29.4 GWh, which includes 3.0 GWh from BESS and 26.4 GWh from Pumped Hydro Storage, moving it closer to its target of 40 GWh of energy storage by 2030.
Financials & Others
The company’s revenue rose by 21.4 percent from Rs. 2,879.35 crores to Rs. 3,497.39 crores in Q4FY24-25. Meanwhile, Net profit rose from Rs. 351.34 crores to Rs. 408.05 crores in the same period.
JSW Energy Ltd. is a major Indian power company and part of the diversified JSW Group. Founded in 1994 by Sajjan Jindal, it has grown to become a significant player in India’s power sector, involved in generation, transmission, and trading. The company focuses on a mix of energy sources, including thermal, hydro, wind, and solar power.
The company began commercial operations in 2000, with the commissioning of its first 2×130 MW thermal power plants at Vijayanagar, Karnataka. Since then, the company has steadily enhanced its power generation capacity from 260 MW to 12.8 GW, ensuring diversity in geographic presence, fuel sources, and power off-take arrangements. The Company is presently constructing various power projects to the tune of 12.5 GW.
By 2030, the company aims to expand its generation capacity to 30 GW and energy storage to 40 GWh. With a cumulative capital expenditure of approximately Rss. 130,000 Crores from FY2026 to FY2030, the company expects FY2030 EBITDA to be 2.7-3.0 times that of FY2025 and the FY2030 net debt-to-EBITDA ratio is projected to be around 5x.
Power Sector Landscape – FY2025
As of FY2025, India’s total installed power capacity is 476 GW, with 247 GW from thermal, 8 GW from nuclear, 48 GW from hydro, 106 GW from solar, 50 GW from wind, and 17 GW from other renewable energy sources.
Written by Sridhar J
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
