India, April 3 -- Hindustan Power announced on Thursday that it has been awarded a 425 MW solar project by Uttar Pradesh Power Corporation Limited (UPPCL).
According to a company statement, the contract was secured through a competitive e-reverse auction, following which UPPCL issued a Letter of Award (LoA).
Under the power purchase agreement (PPA), UPPCL will acquire electricity from the solar project at a fixed tariff for a duration of 25 years.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....