Powerica Limited has submitted a regulatory disclosure pursuant to Regulation 30 read with Para B of Part A of Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
The company received a Letter of Award from Solar Energy Corporation of India Limited (SECI) for a wind power project. The award was issued under reference number SECI/C&P/WPD/T20/LOA/PL/P1/84846 dated August 05, 2026.
Project Details
- Capacity: 100 MW wind power project
- Location: State of Gujarat
- Power Tariff: ₹3.85 per kWh
- Contract Duration: 25 years
- Nature of Contract: Supply of power from wind power project
Execution Timeline
The project must be commissioned within 24 months from the date of Power Purchase Agreement (PPA) execution. The PPA will be executed within the period specified in the terms and conditions of the Request for Selection (RfS).
Contract Characteristics
- Awarding Entity: Domestic entity (Solar Energy Corporation of India Limited)
- Promoter/Promoter Group Interest: No interest in the entity that awarded the contract
- Related Party Transaction: Does not qualify as a related party transaction