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flag JSW Energy secures 25-year deal to supply 400 MW to Karnataka, boosting stability and growth.

flag JSW Energy’s subsidiary, JSW Energy (Utkal) Ltd, has signed a 25-year Power Purchase Agreement with Karnataka distribution companies to supply 400 MW of power starting April 1, 2026, at ₹5.78 per kWh. flag The deal reduces the company’s uncontracted power capacity to 5%, improving revenue stability. flag It brings total locked-in generation capacity to 30.5 GW, including 13.3 GW operational and 12.4 GW under construction, along with 29.4 GWh of energy storage. flag The company remains on track to reach 30 GW of generation and 40 GWh of storage by 2030, with a goal of carbon neutrality by 2050. flag Its shares rose significantly following the announcement, supported by a fundraising plan and executive changes.

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