GERC approves Jubilant Infrastructure’s 9 MW hybrid power PPA
The Gujarat Electricity Regulatory Commission (GERC) has approved a power purchase agreement (PPA) between Jubilant Infrastructure, a subsidiary of Jubilant Ingrevia, and O2 Renewable Energy III, part of O2 Power, for 9 MW of wind-solar hybrid power at Rs 4.13 per kWh. Jubilant Infrastructure, an SEZ developer with a distribution licence since 2012, faced delays in operations due to low energy demand and an underdeveloped network. In August 2023, it initiated a proposal for 9…