Economy
Essar Renewables Signs PPA with NHPC for 300 MW Andhra Pradesh Project
The Hindu59m
THE BRIEF
1
Essar Renewables Ltd. signed a Power Purchase Agreement with NHPC Ltd. for a 300 MW Firm and Dispatchable Renewable Energy project located in Andhra Pradesh.
2
Essar Power will invest approximately ₹4,500 crore to integrate solar, wind, and Battery Energy Storage Systems into the renewable power project.
3
The initiative forms part of Essar Power's broader plan to build a diversified energy portfolio of approximately 5 gigawatts across renewable, thermal, and gas-based generation.