New Launch14 Mar 2026, 06:31 pm
Vraj Iron And Steel Ltd Executes Long Term Open Access Tripartite Agreement for Solar Power Procurement
AI Summary
Vraj Iron And Steel Ltd has executed a Long Term Open Access (LTOA) Tripartite Agreement with Chhattisgarh State Power Distribution Company Limited (CSPDCL) and Chhattisgarh State Power Transmission Company Limited (CSPTCL) for availing open access for procurement of solar power generated from its solar power project. The agreement, which is for a long term from 09/02/2026 to 08/02/2051, is expected to reduce electricity cost and contribute to sustainable energy usage of the Company. The solar power facility has a capacity of 10.85 MW i.e. 5.22 MW (AC) drawal on real time and 5.63 MW (AC) on banking.
Key Highlights
- Vraj Iron And Steel Ltd has executed a Long Term Open Access (LTOA) Tripartite Agreement with CSPDCL and CSPTCL
- The agreement is for procurement of solar power generated from the Company's solar power project
- The agreement is long term, from 09/02/2026 to 08/02/2051
- The agreement is expected to reduce electricity cost and contribute to sustainable energy usage of the Company
- The solar power facility has a capacity of 10.85 MW i.e. 5.22 MW (AC) drawal on real time and 5.63 MW (AC) on banking