StockWatch
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Heavy Electrical Equipment
Deals31 Jul 2026, 07:00 pm

Powerica Ltd Signs 100 MW Wind Project PPA with GUVNL

AI Summary

Powerica Limited has executed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 100 MW Wind power project in Gujarat. The agreement includes a tariff of ₹3.435 per kWh for a period of 25 years. The project is to be executed within 24 months. This development signifies a significant expansion in Powerica's renewable energy portfolio and its commitment to contributing to Gujarat's energy landscape.

Key Highlights

  • Executed PPA with GUVNL for 100 MW Wind power project.
  • Project located in Gujarat, tariff set at ₹3.435 per kWh.
  • Agreement duration is 25 years, execution within 24 months.
  • Enhances Powerica's renewable energy capacity and market presence.