NLC India Renewables Limited (NIRL), a subsidiary of NLC India, has signed a Power Purchase Agreement (PPA) with SJVN Limited for a 200 MW Wind Power Project. The project, part of SJVN’s 600 MW ISTS-connected Wind Power initiative, is expected to generate approximately 500 Million Units of green energy annually. This collaboration aims to accelerate India’s renewable energy deployment and ensure long-term energy security.
Wind Power Project Agreement
NLC India Renewables Limited (NIRL), a 100% subsidiary of NLC India Ltd. (NLCIL), has entered into a long-term Power Purchase Agreement (PPA) with SJVN Limited (SJVNL) for a 200 MW Wind Power Project. The agreement underscores the commitment of both entities to expanding renewable energy capacity.
Agreement Details and Impact
The agreement was formalized in Chennai by representatives from both NIRL and SJVNL, in the presence of key officials including Shri Prasanna Kumar Motupalli and Shri Bhupender Gupta. This PPA is part of SJVN’s 600 MW ISTS-connected Wind Power Projects (Wind-2 Tranche), which were awarded through a Tariff-Based Competitive Bidding process. The project is expected to generate approximately 500 Million Units of green energy annually, contributing significantly to sustainable energy goals.
Strategic Collaboration
The collaboration between NLC India and SJVN highlights the cooperation between leading Central Public Sector Enterprises. This initiative is focused on accelerating India’s renewable energy deployment and securing long-term energy sustainability. The signing of this PPA marks a significant step towards achieving national renewable energy targets and promoting environmental stewardship.
Source: BSE
