Apraava Energy signs 300 MW solar PPA with NTPC for Rajasthan project

Apraava Energy has signed a power purchase agreement (PPA) with NTPC Ltd for a 300 MW interstate transmission system (ISTS)-connected solar energy project in Rajasthan. Secured through an e-reverse auction at a tariff of Rs 2.65 per kWh, the project is part of NTPC’s solar tender for setting up 1,500 MW of ISTS-connected solar PV power projects across India. The PPA, effective for 25 years from the scheduled commencement of supply, tasks Apraava Energy with…