JSW Energy has successfully secured Power Purchase Agreements (PPAs) aggregating to 208 MW. This consists of 176 MW PPA with Haryana Power Purchase Centre to be supplied from the Karcham Wangtoo Hydro Electric Project of Himachal Baspa Power Company, a 100% subsidiary of the company and 32 MW under Group Captive scheme to be supplied from the Ratnagiri plant of the company.
With this, the long term PPA proportion of the company on a consolidated basis has increased from 64.6% at end of Q2FY18 to 69.3% currently.
Shares of the company gained Rs 0.8, or 0.96%, to trade at Rs 84.55. The total volume of shares traded was 242,594 at the BSE (10.09 a.m., Monday).