Torrent Power Limited announced that it has received Letter of Award from Torrent Power Limited-Distribution Unit for setting up of 150 MW (RE Power) Grid-Connected Wind Solar Hybrid Projects under Greenshoe option. Tariff - 3.65 per kWh, Project shall be commissioned within 24 months from Power Purchase Agreement (PPA), Contract period shall be 25 years from the Commissioning of the Project, The annual CUF shall not be less than 50% for any of the year during the term of the PPA & rated power capacity of wind and solar shall be in ratio of 2:1, For meeting the 50% CUF requirement, the Company plans to install 245 MW of wind and solar capacity against contracted capacity of 150 MW, LOA has been issued by one of the Unit of the Company.
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- Torrent Power Limited Receives Letter of Award from Torrent Power Limited-Distribution Unit for Setting Up of 150 Mw (Re Power) Grid-Connected Wind Solar Hybrid Projects