Jakson Green to Supply Solar Power to Rajasthan Discom
By Rediff Money Desk, NEWDELHI Feb 23, 2024 16:27
Jakson Green has signed a pact with Rajasthan Urja Vikas Nigam Limited (RUVNL) to supply electricity from its upcoming 100 MW solar project in Rajasthan.
New Delhi, Feb 23 (PTI) Energy transition platform Jakson Green on Friday said it has signed a pact with Rajasthan's power distribution company RUVNL to supply electricity from its upcoming 100 MW solar photovoltaic plant in the state.
The project will be commissioned within 18 months from the date of signing the PPA (power purchase agreement), a company statement said.
Jakson Green said the pact with Rajasthan Urja Vikas Nigam Limited (RUVNL) for supply of electricity for 25 years is the first power purchase agreement for the upcoming solar project.
Earlier, RUVNL invited proposals for setting up solar PV projects across Rajasthan in April 2023. Jakson Green emerged victorious in the bidding process offering a tariff of Rs 2.61 per unit for a project of 100 MW capacity.
"By securing this project, we are poised to make a significant impact on India's renewable energy landscape while reinforcing our position as a key independent power producer," said Kannan Krishnan, Joint Managing Director of Jakson Green Pvt Ltd.
The 100-MW plant is expected to generate clean electricity for over 80,000 households annually and eliminate 1,87,578 MT per year of carbon emissions.
Jakson Green is an energy transition platform backed by infrastructure and renewable major Jakson Group.
The project will be commissioned within 18 months from the date of signing the PPA (power purchase agreement), a company statement said.
Jakson Green said the pact with Rajasthan Urja Vikas Nigam Limited (RUVNL) for supply of electricity for 25 years is the first power purchase agreement for the upcoming solar project.
Earlier, RUVNL invited proposals for setting up solar PV projects across Rajasthan in April 2023. Jakson Green emerged victorious in the bidding process offering a tariff of Rs 2.61 per unit for a project of 100 MW capacity.
"By securing this project, we are poised to make a significant impact on India's renewable energy landscape while reinforcing our position as a key independent power producer," said Kannan Krishnan, Joint Managing Director of Jakson Green Pvt Ltd.
The 100-MW plant is expected to generate clean electricity for over 80,000 households annually and eliminate 1,87,578 MT per year of carbon emissions.
Jakson Green is an energy transition platform backed by infrastructure and renewable major Jakson Group.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Kretto Syscon
- 1.03 ( -4.63)
- 138373597
- Thinkink Picturez
- 2.03 (+ 4.64)
- 77082948
- Rajnish Wellness
- 1.86 (+ 4.49)
- 51273863
- Vodafone Idea L
- 8.08 ( -0.25)
- 43651174
- Srestha Finvest
- 0.94 (+ 9.30)
- 39839348
MORE NEWS
Gold Price Jumps Rs 820 to Rs 79,780/10g;...
Gold prices soared in India on Tuesday, driven by fresh buying and a firm global trend....
Star Health Aims to Double Business in TN
Star Health Insurance plans to double its business in Tamil Nadu over the next four...
AI to Replace Human Workflow: Paytm Founder
Paytm founder Vijay Shekhar Sharma predicts AI will replace human workflow, impacting...