JSW Energy signs PPA with 35-yr validity with Haryana Power Purchase Centre

JSW Energy on Monday announced signing a power purchase agreement (PPA) with Haryana Power Purchase Centre (HPPC) for the supply of 240-megawatt hydro power.

The agreement is valid for 35 years (with further extension at mutually agreed terms), and signed at a levelised ceiling tariff of Rs 4.50 per kWh (kilowatt-hour), JSW Energy said in statement.

The JSW Group company said, “Its Kutehr project has signed a PPA with HPPC for supply of 240 MW hydro power. The PPA capacity was selected through competitive bidding under expression of interest invited by HPPC on July 3, 2018.”