Construction Infrastructure
JSW Energy arm inks PPA for supply of 540 MW wind energy
JSW Energy on Monday said its arm JSW Renew Energy has inked a power purchase agreement for supply of 540 MW from a total blended wind capacity of 810 MW, which was bagged through a competitive bidding process.
JSW Renew Energy Ltd — a wholly-owned subsidiary of JSW Future Energy Ltd — has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Ltd (SECI) for the contracted capacity of 540 MW out of the total awarded capacity of 810 MW, as per a BSE filing said.
This is the single largest PPA for wind/ blended wind category in the industry, and marks the foray of the company into the wind/ blended wind energy generation segment, it added. In September 2020, JSW Energy said that JSW Future Energy Ltd had received Letter of Awards for total blended wind capacity of 810 MW in respect of the tariff-based competitive bids invited by SECI for setting up of 2,500 MW ISTS (Inter State Transmission System)-connected blended wind power projects (Tranche – IX).
News Soure : Construction Week Online
Construction Infrastructure
The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra
Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.
With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.
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