BC Jindal Group signs PPA with SECI
Leading business group of the country, the BC Jindal Group, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI). The PPA is for a 150 MW RTC project, part of a 1,200 MW national tender.
Under this agreement, the firm will set up ISTS-connected renewable energy projects using a mix of solar, wind, and battery energy storage systems (BESS). B.C Jindal would be responsible for land identification, project installation, and interconnection with the ISTS network for power supply to DISCOMs. The period of commissioning of the work is 2 years, that is, 24 months.