BC Jindal Group & SECI: 150 MW RE Project PPA

New Delhi, Nov 26 (PTI) BC Jindal Group on Wednesday said it has signed an agreement with state-owned SECI to set up a 150 MW round-the-clock renewable energy project.

The project is part of SECI's 1,200 MW round-the-clock (RTC) renewable energy project, for which the tender was floated in November last year, the group said in a statement.


BC Jindal Group said it won a 150 MW capacity at a tariff of Rs 5.07/kWh (kilowatt-hour) following a competitive bidding process during a reverse auction.

The company signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for the RTC project, the statement added.