SJVN inks agreements for 600 MW solar power with RUVITL
SJVN said that its wholly owned subsidiary SJVN Green Energy (SGEL) has signed a PUA for 500 MW solar power and a PPA for 100 MW solar power with Rajasthan Urja Vikas and IT Services (RUVITL).
Geeta Kapur, chairman & managing director, SJVN informed that SGEL has entered into long term power usage agreement (PUA) & power purchase agreement (PPA) with Rajasthan Urja Vikas and IT Services (RUVITL) for 25 years for supply of cumulative 600 MW Solar Power.
SJVN has signed a power usage agreement with RUVITL for 500 MW solar power from Bikaner Solar Power Project and also signed a power purchase agreement (PPA) with RUVITL for 100 MW solar power from Rajasthan Solar Power Project.
The power usage agreement was signed for supply of 500 MW Power at a tariff of Rs 2.57 per unit from 1000 MW Bikaner solar power project being developed by SGEL under the Phase-II (Tranche-3) of the CPSU Scheme.
