JSW Energy Signs 400 MW Power Purchase Agreement with Karnataka DISCOMs

1 min read     Updated on 12 Dec 2025, 01:06 PM
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Reviewed by
Shriram SScanX News Team
Overview

JSW Energy has successfully executed a significant power purchase agreement through its subsidiary JSW Energy (Utkal) Limited with multiple Karnataka distribution companies for 400 MW capacity over 25 years at ₹3.58 per kWh, commencing April 2026. This strategic development reduces the company's open capacity to just 5% from 8%, enhancing long-term revenue visibility and de-risking the generation portfolio while supporting JSW Energy's ambitious growth targets of 30 GW generation capacity by FY2030.

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*this image is generated using AI for illustrative purposes only.

JSW Energy 's subsidiary JSW Energy (Utkal) Limited has successfully signed a power purchase agreement with multiple Karnataka distribution companies, marking a significant milestone in the company's expansion strategy.

Power Purchase Agreement Details

The comprehensive agreement establishes a long-term power supply arrangement that strengthens Karnataka's electricity infrastructure:

Parameter: Details
Capacity: 400 MW
Contracting Entity: JSW Energy (Utkal) Limited
Counterparty: Multiple Karnataka DISCOMs
Agreement Duration: 25 years
Tariff Rate: ₹3.58 per kWh
Supply Commencement: April 1, 2026

Strategic Impact on JSW Energy

This power purchase agreement significantly enhances JSW Energy's operational profile and revenue visibility. The company's open capacity has been reduced to 5% of current operational capacity from approximately 8%, demonstrating improved capacity utilization and long-term revenue security.

Enhanced Generation Portfolio

JSW Energy's total locked-in generation capacity now stands at an impressive 30.50 GW, showcasing the company's substantial market presence:

Capacity Type: Details
Operational Capacity: 13.30 GW
Under Construction: 12.40 GW (thermal and renewable)
Hydro Under Acquisition: 150 MW
Development Pipeline: 4.60 GW
Energy Storage Capacity: 29.40 GWh
Hydro Pumped Storage: 26.40 GWh
Battery Energy Storage: 3.00 GWh

Future Growth Trajectory

The agreement aligns with JSW Energy's ambitious strategic objectives of achieving 30 GW of generation capacity and 40 GWh of energy storage capacity by FY2030. The company remains committed to its carbon neutrality goal by 2050, positioning itself as a leader in India's energy transition.

This development further de-risks JSW Energy's generation portfolio while providing stable, long-term revenue streams through its diversified power supply contracts across multiple Indian states.

Historical Stock Returns for JSW Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+5.33%+4.38%-8.68%-6.70%-29.63%+610.16%
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JSW Energy to Explore Fundraising Options in Upcoming Board Meeting

1 min read     Updated on 09 Dec 2025, 08:14 PM
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Reviewed by
Radhika SScanX News Team
Overview

JSW Energy Limited has scheduled a board meeting for December 12, 2025, to discuss various fundraising options. The company is considering methods such as Qualified Institutions Placement (QIP), Rights Issue, Preferential Allotment, or a combination thereof. The potential fundraising could involve equity shares, warrants, convertible securities, or other securities, subject to regulatory approvals. This move comes amid significant financial growth, with the company's total assets increasing by 38.67% to ₹34,126.70 crore and total equity rising by 47.14% to ₹22,235.90 crore compared to the previous year.

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*this image is generated using AI for illustrative purposes only.

JSW Energy Limited , a prominent player in India's power sector, has announced a crucial board meeting scheduled for December 12, 2025. The primary agenda of this meeting is to discuss and consider various options for raising funds, a move that could significantly impact the company's financial structure and future growth strategies.

Key Points of the Announcement

  • Meeting Date: December 12, 2025
  • Main Agenda: Consideration of fundraising proposals
  • Potential Methods:
    • Equity shares
    • Warrants
    • Convertible securities
    • Other securities

Fundraising Options Under Consideration

The company is exploring multiple avenues for capital raising, which may include:

  1. Qualified Institutions Placement (QIP)
  2. Rights Issue
  3. Preferential Allotment
  4. A combination of the above methods

JSW Energy has stated that these options will be considered subject to necessary regulatory and statutory approvals.

Implications for Investors

This announcement comes at a time when JSW Energy has been showing robust financial growth. Based on the company's latest balance sheet data:

Financial Metric Current Year (2025-03) 1 Year Ago (2024-03) Change
Total Assets ₹34,126.70 crore ₹24,609.90 crore 38.67%
Investments ₹23,257.50 crore ₹17,413.40 crore 33.56%
Total Equity ₹22,235.90 crore ₹15,112.00 crore 47.14%

The significant growth in total assets and investments over the past year suggests that the company may be looking to capitalize on this momentum for further expansion or debt restructuring.

Market Impact

The news of potential fundraising has led to increased attention on JSW Energy's stock. Investors and market analysts will be closely watching the outcome of the December 12 meeting, as it could provide insights into the company's growth plans and financial strategy for the coming years.

Conclusion

As JSW Energy prepares to discuss these fundraising options, stakeholders await more details on the quantum of funds to be raised and the specific purposes for which they will be utilized. The decision made in this board meeting could play a crucial role in shaping the company's future trajectory in the dynamic Indian power sector.

Historical Stock Returns for JSW Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+5.33%+4.38%-8.68%-6.70%-29.63%+610.16%
JSW Energy
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