Apraava Energy Secures 250 MW Solar Power Project in Rajasthan From NHPC

Apraava Energy announced that it has received a 250 MW interstate transmission system-connected solar energy project in Rajasthan from the National Hydroelectric Power Corporation (NHPC).

Project completion is anticipated within twenty-four months. It was secured via e-reverse auction at a walk-out tariff of INR 2.53 per kWh. This project is Apraava Energy’s first green field project secured via auction.

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NHPC and Apraava Energy have entered into a Power Purchase Agreement (PPA) that is set to expire 25 years after the date of scheduled commissioning. During the term of the PPA, Apraava Energy will provide oversight for the project's design, construction, and operation.

Rajiv Ranjan Mishra, Managing Director of Apraava Energy, stated that they are excited to strengthen their solar energy with this project in Rajasthan. Currently, Apraava Energy has an operational portfolio of renewable energy projects located in Rajasthan, Gujarat, Maharashtra, Madhya Pradesh, Tamil Nadu, Telangana, and Karnataka.

Apraava has approximately 660 MW of renewable energy projects under construction throughout the country.

About Apraava Energy

Apraava Energy, a leading Indian energy solutions provider, marks a historic milestone as its smart meter project in Assam becomes the first to go live under the government's Revamped Distribution Scheme (RDSS). This landmark achievement signifies a crucial step towards transforming India's energy landscape into a consumer-centric and efficient system.

Apraava's collaboration with the Central and State Governments has paved the way for rolling out smart meters across Assam, empowering consumers with real-time energy consumption data and improving billing accuracy. 

This project paves the way for wider adoption of smart metering technology across the country, potentially leading to substantial savings in energy costs and reduced distribution losses. Apraava is executing many upcoming projects, such as:

300 MW Wind Project in Karnataka

Apraava is gearing up to develop a 300 MW wind energy project in Karnataka. This project aligns with the company's focus on expanding its renewable energy portfolio and contributing to India's ambitious clean energy goals. 

Green Energy Transmission Projects

Apraava has bagged two crucial green energy interstate transmission projects in Rajasthan. These projects will play a vital role in integrating renewable energy sources into the grid and facilitating seamless power transmission across the region. 

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