JSW Energy on Thursday said that it has signed a power purchase agreement with West Bengal State Electricity Distribution Company (WBSEDCL) for a greenfield 1,600 MW super/ultra super critical thermal power plant.
Additionally, for Utkal thermal power plant (700 MW), the company has received commercial operation date (CoD) certificate for Unit 2.
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The 1,600-MW greenfield thermal power project, to be constructed in Salboni, West Bengal, is scheduled for commissioning in 5 years. The PPA for the entire 1,600 MW capacity has been signed with WBSEDCL for 25 years. The plant will utilise domestic linkage coal allocated to West Bengal under the SHAKTI B (iv) policy.
The company recently acquired KSK Mahanadi Power Company, which operates a thermal plant in Chhattisgarh.
The commissioning of Unit-2 of Utkal Thermal Power Plant, ahead of the upcoming high-demand season, will play a crucial role in meeting the nation’s growing base load demand.
The Utkal Thermal Power Plant utilises domestic coal and sells power through the merchant market and bilateral contracts.
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“This is the largest greenfield capacity and the largest PPA signed by JSW Energy. This project is poised to significantly boost local employment opportunities and contribute to the region’s economic growth, while ensuring a stable and reliable power supply for years to come,” Sharad Mahendra, Joint Managing director and CEO of JSW Energy said.
Additionally, Mahendra said the company has have successfully commissioned Unit-2 of the Utkal Thermal Power Plant, which comes at a crucial time as the country prepares for the upcoming high-demand season.
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