Jakson Green, NHPC ink 400 MW solar PPA in Rajasthan
- Jakson Green's 400 MW solar park in Rajasthan marks a milestone in their 1 GW portfolio, with plans to reach 7.5 GW by 2027 and 18 GW by 2030.
Jakson Green has signed a 25-year power purchase agreement with NHPC Ltd for a 400 MW solar park in Rajasthan, India. This deal brings Jakson Green's total development portfolio as an independent power producer to 1 GW. The contract was secured at a tariff of INR 2.53 per kWh in an auction held by NHPC targeting pan-India Central Transmission Utility-connected capacity.
The solar project, to be connected to the national power grid, will have an output equivalent to the electricity consumption of 400,000 homes per year. Located in Rajasthan, the plant is expected to start operations within 24 months of the PPA's signing date. NHPC will deliver the electricity volumes for sale to power distribution companies. Jakson Green, launched in 2022, aims to have 7.5 GW of renewables assets by 2027 and become an 18-GW platform by 2030.
What are the details of Jakson Green's 400 MW solar park in Rajasthan?
- Jakson Green has signed a 25-year power purchase agreement with NHPC Ltd for a 400 MW solar park in Rajasthan, India.
- This deal brings Jakson Green's total development portfolio as an independent power producer to 1 GW.
- The contract was secured at a tariff of INR 2.53 per kWh in an auction held by NHPC targeting pan-India Central Transmission Utility-connected capacity.
- The solar project will be connected to the national power grid and will have an output equivalent to the electricity consumption of 400,000 homes per year.
- Located in Rajasthan, the plant is expected to start operations within 24 months of the PPA's signing date.
- NHPC will deliver the electricity volumes for sale to power distribution companies.
- Jakson Green, launched in 2022, aims to have 7.5 GW of renewables assets by 2027 and become an 18-GW platform by 2030.