Deals23 Jul 2025, 05:34 pm
Vaghani Techno Build Ltd Signs 4 M.W. Solar Power Purchase Agreement with UGVCL for 25 Years
AI Summary
Vaghani Techno Build Ltd has entered into a Power Purchase Agreement (PPA) with Uttar Gujarat Vij Company Limited (UGVCL) for the supply of 4 M.W. Solar Power. The agreement is in line with the Gujarat Renewable Energy Policy -2023 and is expected to generate approximately 77 lakh units of power per year, amounting to approximately Rs. 212.52 lakhs in revenue. The power supply is expected to commence on or before 31st December 2025.
Key Highlights
- Vaghani Techno Build Ltd has signed a 4 M.W. Solar Power Purchase Agreement with UGVCL
- The agreement is in line with the Gujarat Renewable Energy Policy -2023
- The PPA is expected to generate approximately 77 lakh units of power per year
- The power supply is expected to commence on or before 31st December 2025
- The agreement is for a period of 25 years