India-based Apraava Energy has secured a 300 MW greenfield PV project in Rajasthan after winning a bid in NTPC’s e-reverse auction. This project is scheduled to be completed within 24 months and will be connected to the interstate transmission system (ISTS) . Apraava signed a 25-year Power Purchase Agreement (PPA) with NTPC Limited at a tariff of INR 2.65 per kWh. This project is also part of NTPC’s larger goal of setting up 1,500 MW ISTS-connected PV projects across India. Apraava will be responsible for the construction, ownership, and operation of the plant.
Apraava signs PPA for 300MW solar project in Rajasthan
Apraava will build, own, and operate the 300MW solar facility under a 25-year PPA with NTPC. (Image Credit: Pixabay)
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