JSW Energy Limited has informed the Exchange about Battery Energy Storage Systems Projects from Solar Energy Corporation of India Limited - Update
JSWENERGY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
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.
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.