Jindal Group's renewable energy arm gets order from NHPC
Jindal Group's renewable energy arm, Jindal India Renewable Energy has received a Letter of Acceptance (LoA) from NHPC for a 300 MW solar plus storage project. As per the updates the project is to be executed on a Build-Own-Operate (BOO) basis within 24 months from the signing of the Power Purchase Agreement (PPA).
NHPC said the project is a 1200 MW inter-state transmission system-connected solar power project tender with 600 MW/1200 MW energy storage systems. NHPC will enter into an agreement with Jindal India Renewable Energy (JIRE) for a period of 25 years.
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