NLC NIRL signs power purchase agreement with SJVNL (UPDATED)

NLC India Renewables Limited (NIRL), a 100% subsidiary of NLC India Ltd. (NLCIL), has signed a long term Power Purchase Agreement (PPA) with SJVN Limited (SJVNL) for 200 MW Wind Power Project. The agreement was signed by representatives of NIRL and SJVNL in the presence of Prasanna Kumar Motupalli, Chairman and Managing Director of NLCIL & Chairman of NIRL, Bhupender Gupta, Chairman & Managing Director, SJVN Limited, Director (Finance), NLCIL, Director (P&P), NLCIL and Director (Personnel), SJVNL. The PPA was signed in Chennai as part of SJVN’s 600 MW ISTS-connected Wind Power Projects (Wind-2 Tranche) awarded through a Tariff-Based Competitive Bidding. The project is expected to generate approximately 500 Million Units of green energy per year. The signing of this PPA also reflects the strong collaboration between two leading Central Public Sector Enterprises, aimed at accelerating India’s renewable energy deployment while ensuring long-term energy security.

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