Jakson Green has signed its first power purchase agreement (PPA) with NHPC Limited for the supply of 400 MW solar power.
The project will be located in Rajasthan and connected to the central grid, with an expected clean energy generation sufficient to power around 400,000 households annually. The project will eliminate around 752,000 million tonnes of CO2 emissions per year. In a competitive bidding process conducted by NHPC last year for pan-India CTU connected projects, Jakson Green successfully won 400 MW capacity, securing a favorable tariff of Rs 2.53 per unit. The project is scheduled for commissioning within two years of signing the PPA. The power purchased by NHPC for 25 years is provisioned for sale to discoms.