CESC HAS SECURED A POWER PURCHASE AGREEMENT (PPA) WITH ADANI ELECTRICITY MUMBAI LTD
News: CESC has secured a power purchase agreement (PPA) with Adani Electricity Mumbai Ltd. to supply 125 MW of power from the unit 1 of Chandrapur power plant in Maharashtra for a period of 26 months.
View: The PPAs signed for chandrapur power plant totals to 200 MW with this. The PPAs are signed at a tariff of ₹5.47 per unit (vs ₹4.10 per unit previously). We estimate ~₹760 crore revenue from 200 MW of PPA signed. This forms 4.6% of total revenue.
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