JSW Energy Commissions First 80 MW Unit of Kutehr Hydro Project, Commences Power Supply to Haryana
The commissioning of an 80 MW unit and the securing of a 35-year PPA for the entire 240 MW project represent a substantial increase in JSW Energy's operational renewable energy capacity and a long-term revenue commitment, directly contributing to its strategic growth targets and financial performance.
The successful commissioning of the first unit of a significant hydro project and the commencement of power supply under a long-term PPA are positive developments, indicating operational expansion and new revenue streams. The progress on the remaining units and the management's positive outlook further enhance this sentiment.
* JSW Energy Limited has successfully commissioned the first 80 MW unit of its 240 MW (3 x 80 MW) Kutehr Hydro Electric Project (KHEP) in Chamba district, Himachal Pradesh, on 2 August 2025. * Power supply has commenced under the 240 MW Power Purchase Agreement (PPA) with Haryana Power Purchase Centre (HPPC). * The second 80 MW unit of the KHEP has been synchronized with the grid and is currently undergoing testing and trial runs. * Commissioning activity for the third 80 MW unit is in progress. * The Kutehr project is backed by a 35-year long-term PPA with HPPC for the entire 240 MW at a levelized ceiling tariff of ₹4.50/kWh. * The power generated will supply Haryana’s state distribution utilities: Uttar Haryana Bijli Vitran Nigam and Dakshin Haryana Bijli Vitran Nigam. * With this capacity addition, JSW Energy’s installed hydro capacity now stands at 1,471 MW, solar at 2,157 MW, and wind at 3,562 MW, increasing the share of renewables to 56% of its total capacity. * Mr. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, stated that the Kutehr Hydroelectric Power Plant is one of the fastest-built greenfield hydro projects in India, underscoring the company’s strong execution capabilities and commitment to clean, sustainable power. He highlighted the opportune timing coinciding with the peak monsoon season, enabling the company to capitalize on high water flow and reap generation benefits in the current fiscal year. * JSW Energy has a total locked-in generation capacity of 30.3 GW, comprising 12.8 GW operational, 12.9 GW under-construction across thermal and renewable sources, and a pipeline of 4.6 GW. * The company also has 29.4 GWh of locked-in energy storage capacity through hydro pumped storage projects (26.4 GWh) and battery energy storage systems (3.0 GWh). * The company aims to achieve 30 GW generation capacity and 40 GWh of energy storage capacity by FY 2030 and Carbon Neutrality by 2050.
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