A power purchase agreement (PPA) has been signed with Haryana Power Purchase Centre (HPPC) for the supply of 240 MW of hydro power at a levelized ceiling tariff of Rs 4.50/kWh, valid for 35 years with the possibility of extension. The power generated will be used to meet the Hydro Power Purchase Obligation (HPPO) of Haryana’s state DISCOM utilities, namely Uttar Haryana Bijli Vitran Nigam (UHBVN) and Dakshin Haryana Bijli Vitran Nigam (DHBVN).
Sharad Mahendra, Joint Managing Director and CEO of JSW Energy said, “We are proud to inform the successful commissioning of the second 80 MW unit of the Kutehr Hydroelectric Power Plant taking the commissioned capacity to 160 MW. We expect the last unit to be commissioned soon. The timing helps us to capitalise on high water inflows during the peak generation season and reinforces our strong project execution capabilities.”
This project is part of JSW Energy’s broader strategy to expand its renewable energy portfolio and becoming net zero by 2050.