The project consists of two installations, intended to store for two hours in a single cycle, each with a 500 MWh storage capacity
In Rajasthan's Fatehgarh, JSW Energy announced that it has started building a one-gigawatt hour (GWh) battery energy storage system.
According to a recent exchange filing by JSW Energy, the company was awarded the project by Solar Energy Corporation of India Limited (SECI).
The project consists of two installations, intended to store for two hours in a single cycle, each with a 500 MWh storage capacity. The project will be developed using a Build Own Operate and Transfer (BOOT) mechanism, and the company stated that after 12 years, ownership will pass to the offtaker.
According to JSW Energy, the project is anticipated to be commissioned by June 2025.
A Memorandum of Understanding (MoU) between the company and JSW Steel Ltd. commits the latter to providing an extra 85,000–90,000 tonne of green hydrogen per year and 7,20,000 tonne of green oxygen per year (TPA), gradually by 2030.
"Our Battery Energy Storage System project represents a crucial advancement in enhancing grid stability and integrating renewable energy sources," stated Sharad Mahendra, Joint Managing Director and CEO of JSW Energy.