Jakson Green signs its first renewable power pact with Solar Energy Corp. of India

Share

Jakson Green announced today the signing of its first power purchase agreement (PPA) with Solar Energy Corp. of India (SECI) for a utility-scale solar PV power project.

The company won the project in SECI’s Tranche XI auction for setting up grid-connected solar projects in India conducted last year.

Jakson Green will be responsible for the identification of suitable land, installation and commissioning of the solar PV project, ensuring necessary approvals and connectivity with the interstate transmission system (ISTS) network for supplying power to SECI. The project is expected to be operational within 18 months from the date of signing of the PPA.

The power procured by SECI for 25 years has been provisioned to be sold to different discom entities in India.

The project is expected to generate clean energy sufficient to power close to one lakh households annually, contributing to the elimination of nearly 188,000 MT/year of carbon emissions.

“With the recent PPA with RUVNL and this latest power pact with SECI, Jakson Green is on the cusp of developing and owning solar assets of nearly 1 GW, with further PPAs for sizeable large power assets to be signed over the next many weeks, bolstered by a promising development pipeline,” stated Jakson Green.

Jakson Green is a new energy transition platform backed by India headquartered infrastructure and renewable company Jakson Group. It focuses on new energy assets spanning solar, utility-scale storage, renewable hybrids, waste-to-energy, fuel cell technologies, gasification-based projects, green hydrogen, and green ammonia projects. It executes projects on EPC as well as IPP basis and also provides operations and maintenance support.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Budget 2024-25: India introduces duty on solar glass imports, exempts equipment for solar cell and module manufacturing
23 July 2024 Import of solar glass will attract 10% customs duty from October. Further, the list of exempted equipment for solar cell and panel production has been...