Excelsior Correspondent
JAMMU, Sept 1: NHPC Limited, India’s premier Hydropower utility today signed Power Purchase Agreement (PPA) with Eden Renewable Passy Private Limited (ERPPL) for 300 MW solar power and with Altra Xergi Power Private Limited (AXPPL) for 380 MW solar power at the tariff of Rs 2.55/kWh for 25 years on long term basis.
The Power purchased by NHPC shall be supplied to Madhya Pradesh for which Power Sale Agreement (PSA) have already been signed.
A K Singh, CMD, NHPC, M K Mittal, Director (Finance), Y K Chaubey, Director (Technical), N S Parameshwaran, ED (Commercial), R K Jaiswal, ED (Renewable Energy) and Himangshu Saha, Engineer In-charge of 2000 MW scheme graced the occasion.
The PPAs were signed by S P Rathour, General Manager (Power Trading) on behalf of NHPC and Vivek Kodesia for Eden Renewable Passy Private Limited and Parag Sharma, CEO for Altra Xergi Power Private Limited (SPVO2 Power SG PTE Ltd).
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