BluPine Energy has signed a power purchase agreement (PPA) with SJVN Limited for the supply of 150 MW of assured peak power under the SJVN Firm and Dispatchable Renewable Energy (FDRE)-4 tender.
The agreement is for a period of 25 years was signed at a tariff of Rs 6.74 per unit. The scope of work under the tender includes setting up a cumulative 1.5 GW of renewable energy projects integrated with energy storage systems to deliver 6 GWh (1.5 GW × 4 hours) of assured peak-hour power supply on a daily basis.