APTEL Rejects JSW Energy’s Appeal on 500 MW BESS Tariff Case

JSW Energy Limited has provided an update regarding its 500 MW / 1000 MWh Standalone Battery Energy Storage Systems (BESS) Project, allocated by Solar Energy Corporation of India Limited (SECI) to its step-down subsidiary, JSW Renew Energy Five Limited (JSWREL).

CERC and APTEL Orders

Earlier, on 2nd January 2025, the Central Electricity Regulatory Commission (CERC) declined to adopt the proposed tariff for the project. In response, JSWREL filed an appeal before the Appellate Tribunal for Electricity (APTEL). However, APTEL, in its order dated September 12, 2025, did not allow the appeal, effectively upholding the CERC decision.

Next Steps and Legal Remedies

Following this outcome, JSW Energy is actively evaluating further legal remedies, which may include filing an appeal before the Hon’ble Supreme Court. The company reiterated its commitment to pursuing all available options to safeguard project viability and shareholder interests.

JSW Energy Share Price Performance

On September 15, 2025, JSW Energy share price (NSE: JSWENERGY) opened at ₹523.95 and closed at ₹532.40, up by 1.26%. The stock price touched its day’s high at ₹535.00.

Also Read: JSW Energy Allots ₹250 Crore Worth of NCDs via Private Placement!

Conclusion

The APTEL decision marks a setback for JSW Energy’s pioneering battery storage initiative. However, the company’s intent to explore remedies before the Supreme Court underscores its determination to advance clean energy projects and strengthen its renewable energy portfolio despite regulatory hurdles.

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