JSW Renew Energy Eleven Limited, a step-down subsidiary of JSW Energy Limited, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for 700 MW of solar capacity.
This capacity, awarded under SECI Tranche XIII, will be connected to the inter-state transmission system. The PPA is for 25 years, with a tariff of Rs 2.56 per kWh. The project is expected to be completed within 24 months.
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