StockWatch
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Heavy Electrical Equipment
Award6 Aug 2026, 03:50 pm

Powerica Ltd Awarded 100 MW Wind Power Project by SECI

AI Summary

Powerica Limited has received a Letter of Award from Solar Energy Corporation of India Limited (SECI) for a 100 MW wind power project in Gujarat. The project involves the supply of power at a tariff of ₹3.85/kWh for 25 years. The project is expected to be commissioned within 24 months from the Power Purchase Agreement (PPA) execution. This award signifies a significant step for Powerica in the renewable energy sector, contributing to India's wind energy capacity.

Key Highlights

  • Secured a 100 MW wind power project award from SECI.
  • Project includes a 25-year Power Purchase Agreement.
  • Power tariff set at ₹3.85/kWh.
  • Project to be commissioned within 24 months of PPA.