DVC Signs Power Purchase Agreements with SJVN Limited to Enhance Reliable and Affordable Power Supply
DVC and SJVN Limited have signed Power Purchase Agreements (PPAs) for procurement of power from the Sunni Dam Hydro Project and the Luhri Stage-I Hydro Project of SJVN Limited.
Kolkata: DVC and SJVN Limited have signed Power Purchase Agreements (PPAs) for procurement of power from the Sunni Dam Hydro Project and the Luhri Stage-I Hydro Project of SJVN Limited. This is in addition to the five Power Purchase Agreements recently signed between DVC and NHPC. These agreements will further strengthen the reliability of power supply across the Damodar Valley region. Under the latest agreements, DVC will procure hydropower from SJVN Limited to meet the demand of consumers connected to the DVC system.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
This collaboration aims to ensure a stable, sustainable, and affordable power supply, complementing DVC’s existing thermal and renewable energy portfolio. The agreements will support DVC’s peak demand management, industrial growth, enhance grid stability, and promote the adoption of clean energy in the region.
Read Also : HUDCO appoints two Non-Official Independent Directors on BoardKey Highlights:
- Hydropower Allocation: SJVN Limited will supply hydropower to DVC as per the Ministry of Power’s allocation.
- Reliable Power Supply: The agreements will ensure a steady and reliable power supply for consumers in the DVC region.
- Sustainability Commitment: The initiative aligns with DVC’s strategy to diversify its energy mix by incorporating more green energy sources.
- Economic Growth: Strengthened power reliability is expected to drive industrial and economic development in the region.
The PPAs will become effective upon the commissioning of the respective projects, ensuring seamless integration into DVC’s power supply network.
Read Also : IOCL Q4 Results: Net Profit stood at Rs 7,265 crore Margin beats estimates high at 7%