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J&K’s 850MW Ratle Hydro Project Signs 40-Year Power Agreement with Rajasthan

Ratle Hydroelectric Project, Kishtwar, J&K to provide power to Rajasthan Urja Vikas and IT Services Limited for a period of 40 years as per Power Purchase Agreement

Asian News Hub by Asian News Hub
January 4, 2024
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J&K’s 850MW Ratle Hydro Project Signs 40-Year Power Agreement with Rajasthan
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New Delhi, Jan 04: Ratle Hydro Electric Power Corporation Limited (RHPCL), a joint venture company of NHPC Limited and Jammu and Kashmir State Power Development Corporation (JKSPDC), has entered into a Power Purchase Agreement (PPA) with Rajasthan Urja Vikas and IT Services Limited, for offtake of power generated from 850 MW Ratle Hydroelectric Project, Kishtwar in the union territory of Jammu & Kashmir.

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The agreement has been signed for offtake of power for a period of 40 years from the Commercial Operation Date (COD) of the project and as per power allocation to be notified by Ministry of Power, Govt. of India.

Also Read: Smart City CEO assesses progress of Projects, warns agencies lagging in schedule

The PPA was signed in Jaipur on 3rd January, 2024 in the presence of senior officers of RHPCL & Rajasthan Urja Vikas and IT Services Limited.

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