JSW Energy Inks BESPA for 250 MW/500 MWh Standalone BESS with RVUNL
JSW Renew Energy Thirty Seven, a subsidiary of JSW Energy, has signed a 12-year Battery Energy Storage Purchase Agreements (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) for 250 MW/500 MWh standalone battery energy storage systems (BESS) at a tariff of INR 2.24 lakh/MW/month.
July 02, 2025. By Mrinmoy Dey
These projects will be developed on a Build, Own and Operate (BOO) model in the state of Rajasthan, the company said in a statement.
It further added that the BESPA is signed for a duration of 12 years, with a tariff of INR 2.24 lakh/MW/month, and is supported by viability gap funding.
JSW Energy's total locked-in energy storage capacity stands at 29.3 GWh, including 2.9 GWh of BESS and 26.4 GWh of Pumped Hydro Storage. With this, the company is well-positioned to achieve its target of 40 GWh of energy storage by 2030, it said.
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