JSW Energy: Battery Energy Storage Project Update

0
4

JSW Energy’s appeal regarding the tariff for the 500 MW / 1000 MWh Standalone Battery Energy Storage Systems Project has been denied by the Appellate Tribunal for Electricity (APTEL). The company is now evaluating further remedies, including a potential appeal to the Hon’ble Supreme Court. The project was allocated to JSW Renew Energy Five Limited, a step-down subsidiary, by Solar Energy Corporation of India Limited (SECI).

APTEL Decision on Battery Storage Tariff

The Appellate Tribunal for Electricity (APTEL) has denied JSWREL’s appeal regarding the Central Electricity Regulatory Commission’s (CERC) order on the proposed tariff for the 500 MW / 1000 MWh Standalone Battery Energy Storage Systems Project. The order was issued on September 12, 2025.

Project Background

The project, intended for Solar Energy Corporation of India Limited (“SECI”), was allocated to JSW Renew Energy Five Limited (“JSWREL”). The original CERC order, dated January 2, 2025, did not adopt the proposed tariff. The initial disclosure about this was made on January 3, 2025.

Next Steps for JSW Energy

JSW Energy is currently evaluating further legal options, including the possibility of appealing the APTEL decision to the Hon’ble Supreme Court.

Source: BSE

LEAVE A REPLY

Please enter your comment!
Please enter your name here