Jakson Green has announced the signing of its first power purchase agreement (PPA) with Solar Energy Corp. of India (SECI) for a utility-scale solar PV power project.

The company won the project in SECI’s Tranche XI auction for setting up grid-connected solar projects in India conducted last year.

“With the recent PPA with RUVNL and this latest power pact with SECI, Jakson Green is on the cusp of developing and owning solar assets of nearly 1 GW, with further PPAs for sizeable large power assets to be signed over the next many weeks, bolstered by a promising development pipeline,” stated Jakson Green.

Jakson Green will be responsible for the identification of suitable land, installation and commissioning of the solar PV project, ensuring necessary approvals and connectivity with the interstate transmission system (ISTS) network for supplying power to SECI. The project is expected to be operational within 18 months from the date of signing of the PPA.

The power procured by SECI for 25 years has been provisioned to be sold to different discom entities in India.

The project is expected to generate clean energy sufficient to power close to one lakh households annually, contributing to the elimination of nearly 188,000 MT/year of carbon emissions.