New Delhi, Mar 13 (UNI) Billionaire Sajjan Jindal-led JSW Energy on Thursday said it has signed a power purchase agreement (PPA) with West Bengal State Electricity Distribution Company Ltd (WBSEDCL) for a greenfield 1,600 MW (2 x 800 MW) super/ultra super critical thermal power plant.
Additionally, the company has received Commercial Operation Date (CoD) certificate for Unit 2 of Utkal thermal power plant (2 x 350 MW).
"Both the plants benefit from the strategic advantage of being located near coal blocks, which results in lower operational costs. These milestones not only enhance our operational capacity but also underscore our commitment to energy security and demonstrate our exceptional execution capabilities," said Sharad Mahendra, Joint Managing Director and CEO of JSW Energy.
As per JSW Energy, the 1,600 MW greenfield thermal power project, to be constructed in Salboni, West Bengal, is scheduled for commissioning in 5 years.
PPA for the entire 1,600 MW capacity has been signed with WBSEDCL for 25 years. The plant will utilize domestic linkage coal allocated to West Bengal under the SHAKTI B (iv) policy.
"The commissioning of Unit-2 of Utkal Thermal Power Plant, ahead of the upcoming high-demand season, plays a crucial role in meeting the nation's growing base load demand. The Utkal Thermal Power Plant utilises domestic coal and sells power through the merchant market and bilateral contracts," the company said in its statement.
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