CESC Limited announced that its subsidiary, Purvah Green Power Private Limited, has received a Letter of Award (LOA) from Solar Energy Corporation of India (SECI). The award is for the development of a 2000 MW ISTS-Connected Wind Power Project under a Tariff-Based Competitive Bidding (SECI-Tranche-XX) framework. This significant win highlights the company’s expansion into renewable energy capacity. The tariff rate for this project is set at Rs 3.85/kWh, with a power supply duration of 25 years.
Major Renewable Energy Contract Secured
CESC Limited, through its subsidiary Purvah Green Power Private Limited, has been awarded a significant Letter of Award (LOA) by the Solar Energy Corporation of India (SECI). This award pertains to the establishment of a substantial 2000 MW ISTS-Connected Wind Power Project. The project was secured under the competitive bidding process for SECI-Tranche-XX, reinforcing CESC’s commitment to expanding its renewable energy portfolio.
Project Details and Commercials
The LOA was issued to Purvah Green Power Private Limited on August 5, 2026, following Purvah’s successful response to SECI’s Request for Selection. The project involves the development and operation of wind power capacity with an estimated 175 MW capacity, contributing to India’s renewable energy targets. The agreed-upon tariff rate for the power generated is Rs 3.85 per kilowatt-hour (kWh). The power supply contract is set for a considerable duration of 25 years from the scheduled commencement of supply.
Company and Contractual Information
The entity awarding the contract is the Solar Energy Corporation of India Ltd (SECI), a domestic entity. The nature of the contract is primarily focused on power supply from the wind power project. It has been confirmed that this order does not fall within related party transactions and is conducted at arm’s length, with no interest from the promoter group in the awarding entity.
Source: BSE
