Key Quantitative Figures

  • Project Capacity: 80-MW Wind Power Project
  • Tariff Rate: ₹3.88 per kWh
  • Contract Duration: 25 years
  • Commissioning Timeline: 24 months from Effective Date of PPA

Parties Involved

  • Awarding Entity: SJVN Limited (A Joint Venture of Government of India and Government of Himachal Pradesh)
  • Recipient Entity: Refex Green Power Limited (RGPL), wholly-owned subsidiary of Refex Renewables & Infrastructure Limited

Project Details

  • Nature: Wind Power Developer (WPD) for 80 MW
  • Location: Kurnool, Andhra Pradesh
  • Domestic Entity: Yes

Contract Terms

  • Power Purchase Agreement (PPA) to be entered between SJVN Limited and RGPL (or its SPV)
  • Tariff-based consideration rather than fixed lump-sum contract value
  • Revenue will accrue over 25-year tenure based on actual energy supplied at ₹3.88 per kWh

Ownership and Related Party Considerations

  • No promoter/promoter group/group companies have any interest in SJVN Limited
  • Not a related party transaction