Deals16 Apr 2026, 07:01 pm
CESC Signs PPAs for 600 MW Wind-Solar Hybrid Power Projects
AI Summary
CESC Limited has signed Power Purchase Agreements (PPAs) for the procurement of 600 MW of power from grid-connected wind-solar hybrid power projects. The agreements are with four entities: Vismaya Renewables India Project Private Limited (100 MW), Hexa Climate Solutions Private Limited (100 MW), Purvah Green Power Private Limited (300 MW), and Sprng Energy Private Limited (100 MW). Purvah Green Power Private Limited is a subsidiary of CESC. These long-term PPAs will remain in force for 25 years, with tariffs ranging from ₹3.74 to ₹3.75 per kWh. The projects were awarded through a tariff-based competitive bidding process.
Key Highlights
- CESC secured 600 MW of wind-solar hybrid power through PPAs.
- Agreements are long-term, spanning 25 years.
- Tariffs range from ₹3.74 to ₹3.75 per kWh.
- 300 MW PPA signed with Purvah Green Power, a CESC subsidiary.
- Projects awarded via competitive bidding process.