JSW Energy PSP Eleven Limited has won a contract worth INR 4.44 billion from Bondada Renewable Energy Private Limited. The agreement outlines the supply of 200 MW / 400 MWh Battery Energy Storage Systems and Power Conversion System solutions from JSW's Pune manufacturing facility.
JSW Energy PSP Eleven Limited, a step-down subsidiary of the major Indian utility provider JSW Energy Limited, has been awarded a significant contract valued at INR 4.44 billion. According to corporate disclosures, the agreement involves supplying 200 MW / 400 MWh Battery Energy Storage Systems (BESS) along with Power Conversion System (PCS) solutions. The order was placed by Bondada Renewable Energy Private Limited, which operates as a wholly owned subsidiary of infrastructure firm Bondada Engineering Limited.
This development underscores the accelerating deployment of large-scale grid stabilization infrastructure in the region. JSW Energy Limited, a leading Indian private sector power producer with a diversified portfolio spanning thermal, hydro, solar, and wind energy, will fulfill the contract using its dedicated manufacturing asset. The equipment is slated to be produced at JEPEL’s battery assembly facility located in Pune, which possesses an annual production capacity of 5 GWh.
For the broader renewable energy and grid infrastructure sectors, this transaction highlights the rising commercial viability and industrial demand for utility-scale storage technologies. As intermittent renewable power generation expands globally, firming capacity through BESS has become essential for grid operators and utility firms seeking to mitigate supply volatility.
For institutional investors and market participants, this contract confirms JSW Energy’s successful vertical integration strategy into clean energy technology manufacturing. By leveraging localized assembly capabilities in Pune, the company positions itself to capture expanding market share in the high-growth energy storage supply chain, while offering sub-contractors scalable equipment pipelines.
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