JSW Energy Limited has informed the Exchange about Battery Energy Storage Systems Projects from Solar Energy Corporation of India Limited - Update

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Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹528.80

prior close

₹526.15

announcement price

After-mkt

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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-1.9%+0.5% vs market

Power Generation peers, median of 26sector-2.0%+0.5% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Midcap 150 and 0.5 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

+0.0-1.7+1.7-2.1+2.1

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UpDownMarket · Nifty Midcap 150Sector · Power Generation peers, median of 26Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

JSW Energy's step-down subsidiary, JSW Renew Energy Five Limited (JSWREL), has filed a Civil Appeal before the Supreme Court of India on 24th September 2025. This appeal challenges the earlier APTEL (Appellate Tribunal for Electricity) order dated 12th September 2025, which had dismissed JSWREL's appeal against a 2nd January 2025 order by the Central Electricity Regulatory Commission (CERC). The matter relates to Battery Energy Storage Systems (BESS) projects awarded by Solar Energy Corporation of India Limited (SECI). The outcome of the Supreme Court appeal will be important for the company, as the original CERC and APTEL orders were unfavorable to JSW.

Likely market impact

The filing itself does not change the current legal position but signals that JSW Energy is actively contesting an adverse regulatory ruling tied to its BESS/SECI projects. Investors should watch for the Supreme Court outcome, as an unfavorable ruling could materially affect these projects and potentially the company's renewable energy pipeline and revenues.