PTC inks pact with Brookfield Renewables to purchase 100 MW solar power

Power trading solutions provider PTC India on Tuesday said it has signed an agreement with Brookfield Renewables for purchase of 100 MW solar power on a long term basis.

Brookfield Renewables is developing a 400 MW solar power project in Bikaner solar park in Rajasthan.

“PTC India has executed a Memorandum of Understanding (MoU) with Brookfield Renewables for purchase of 100 MW solar power on a long-term basis,” PTC India said in a release.

The agreement includes an option to increase the power capacity to 200 MW at the time of project commissioning based on mutual confirmation by the two parties.

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