04 JAN 2024 3:23PM by PIB Delhi
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. 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.
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.
