Torrent Power has been awarded a Power Purchase Arrangement (PPA) for the supply of 300 MW capacity of Solar Power Generation to be set up in Gujarat, from Licensed Distribution Business Unit of the company towards fulfilment of its RPO (renewable purchase obligation). The project shall be commissioned within 18 months from the date of execution of the PPA. The tariff for this project is Rs 2.22/ kWh for a period of 25 years. The cost involved in the project is about Rs 1,250 crore.
Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, Maharashtra and Uttar Pradesh.
