Hero Future Energies announced this week that it has secured a power purchase agreement (PPA) with SJVN Ltd for a 150 MW firm and dispatchable renewable power project to be developed in Karnataka.
The project is set for commissioning in 24 months.
Once operational, the project will help DISCOMs substitute high-cost, short-term power with more long-term and affordable supply to meet their peak-hour demand.
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