JSW Energy Subsidiary's Appeal on 500 MW Battery Storage Project Tariff Rejected
The rejection of the appeal by APTEL regarding the tariff for a 500 MW / 1000 MWh battery energy storage project could significantly impact the project's financial viability. The company is considering an appeal to the Supreme Court, highlighting the strategic importance of this issue.
The Appellate Tribunal for Electricity (APTEL) rejected the subsidiary's appeal against a Central Electricity Regulatory Commission (CERC) order that did not adopt the proposed tariff for a significant battery energy storage project. This indicates an unfavorable outcome for the company regarding the project's financial terms.
* JSW Renew Energy Five Limited (JSWREL), a step-down subsidiary of JSW Energy Limited, had its appeal rejected by the Appellate Tribunal for Electricity (APTEL) on 12th September 2025. * The appeal was against a Central Electricity Regulatory Commission (CERC) order dated 2nd January 2025, which did not adopt the proposed tariff for JSWREL's 500 MW / 1000 MWh Standalone Battery Energy Storage Systems Project, allocated by Solar Energy Corporation of India Limited (SECI). * JSW Energy is currently evaluating further remedies, including the possibility of filing an appeal before the Hon'ble Supreme Court against the APTEL order.
What to do with a filing like this
JSW Energy Limited filed this with the NSE as a statutory disclosure, categorised under legal. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by JSW Energy Limited. Read the original for the full detail.