JSW Energy Forges Path Towards Green Energy Leadership in India

On June 10, 2024, JSW Energy Limited marked a significant advancement in transforming into a comprehensive “Energy Products and Services” company. This move highlights the company’s unwavering commitment to spearheading sustainable energy solutions and contributing to a greener future for India.

JSW Energy is at the forefront of developing India’s largest commercial-scale green hydrogen project – a pioneering initiative paving the way for the country’s first green steel production. This flagship project reflects JSW Energy’s dedication to clean energy innovation.

Key Green Hydrogen Milestones

• Long-Term Supply Agreement: JSW Energy has secured a significant seven-year green hydrogen supply agreement with JSW Steel Ltd., encompassing 3,800 tons per annum alongside associated green oxygen.
• Project Progress: The detailed engineering and equipment procurement for the project are complete, and commissioning is anticipated in the fourth quarter of fiscal year 2025 (Q4 FY25).
• Strategic Partnership and Expansion: JSW Energy has been allocated a substantial capacity of 6,800 TPA (tons per annum) under the Strategic Interventions for Green Hydrogen Transition (SIGHT) program by SECI (Solar Energy Corporation of India). Furthermore, a strategic Memorandum of Understanding (MoU) with JSW Steel Ltd. has been signed, outlining the progressive supply of an additional 85,000 to 90,000 TPA of green hydrogen and a staggering 720,000 TPA of green oxygen by 2030.

Focus on Battery Energy Storage

Beyond green hydrogen, JSW Energy is actively expanding its clean energy portfolio. Construction has commenced on a landmark 1.0 GWh Battery Energy Storage System (BESS) project awarded by SECI. Commissioning for this project is targeted for June 2025.

This innovative project comprises two separate installations, each boasting a robust 500 MWh storage capacity, designed to deliver two hours of storage per cycle. Developed under a Build Own Operate and Transfer (BOOT) mechanism, the project will be transferred to the designated off-taker after a 12-year period.

“JSW Energy is making significant strides in becoming an energy products and services company. Our green hydrogen project not only underscores our commitment to reducing carbon emissions but also positions us at the forefront of industrial decarbonisation by leveraging sustainable energy solutions. We are proud to collaborate with JSW Steel and are confident that it will be transformative for the Indian green hydrogen landscape. Furthermore, our Battery Energy Storage System project represents a crucial advancement in enhancing grid stability and integrating renewable energy sources, further solidifying our leadership in innovative energy solutions,” said Sharad Mahendra, Joint Managing Director and CEO of JSW Energy.

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