NHPC signs Power Purchase Agreement (PPA) with Eden Renewable Passy Private Limited

Sarkaritel
By Sarkaritel September 1, 2020 19:31


NHPC Limited, India’s premier Hydropower utility has signed Power Purchase Agreement (PPA) on 31.08.2020 with Eden Renewable Passy Private Limited for 300 MW and with Altra Xergi Power Private Limited (SPV of O2 Power SG PTE LTD.) for 380 MW for procurement of Solar Power at the tariff of Rs. 2.55/kWh at NHPC corporate office 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.

Shri A.K. Singh, CMD, NHPC, Shri M.K. Mittal, Director (Finance), Shri Y.K. Chaubey, Director (Technical), Shri N.S. Parameshwaran, ED (Commercial), Shri R.K. Jaiswal, ED (Renewable Energy) and Shri Himangshu Saha, Engineer In-charge of 2000 MW scheme graced the occasion with their august presence. The PPAs were signed by Shri S.P. Rathour, General Manager (Power Trading) on behalf of NHPC and Shri Vivek Kodesia for Eden Renewable Passy Private Limited and Sh. Parag Sharma, CEO for Altra Xergi Power Private Limited (SPV O2 Power SG PTE LTD.)

Sarkaritel
By Sarkaritel September 1, 2020 19:31