JSW Energy signs agreement for mixed wind capacity; Lower butt edges

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JSW Energy shares were last traded at 0.77 pe, recently down to Rs 109.50 on BSE.

JSW Energy’s share price edged down 1% on Tuesday, May 4, a day after the company signed a power purchase agreement with the Solar Energy Corporation of India or SECI for 540 megawatts (MW ) wind power. On Tuesday, JSW Energy opened on BSE at Rs 115.55, touching an intraday high of Rs 116 and an intraday low of Rs 106.50, in the trading session so far. According to a regulatory filing by the firm with the BSE, JSW Energy has signed a PPA power purchase agreement with SECI for the contracted capacity of 540 MW out of a total allocated capacity of 810 MW.

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According to the statement, the current agreement is the largest power purchase contract for the wind / mixed wind turbine category in the industry, and also marks the company’s foray into the wind power generation segment. or mixed wind turbine. JSW Renew Energy Limited is a wholly owned subsidiary of JSW Future Energy Limited.

On the NSE, JSW Energy opened at Rs 114.95, witnessing an intra-day high of Rs 116 and an intra-day low of Rs 106.50, in the session so far. It was the last trade 0.90 percent lower at Rs 109.55 on the NSE.

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JSW Energy shares were last traded at 0.77 pe, recently down to Rs 109.50 on BSE.

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