CVPPL signs Power Purchase Agreements with JKPCL

Officials of CVPPL and JKPCL posing after signing PPA in Jammu on Thursday.
Officials of CVPPL and JKPCL posing after signing PPA in Jammu on Thursday.

Excelsior Correspondent
JAMMU, Sept 12 : The Power Purchase Agreements (PPA) were today signed between the Chenab Valley Power Projects Limited (CVPPL) and Jammu & Kashmir Power Corporation Limited (JKPCL), here today.
The agreements were signed for off-take of 13% power (12% free power& 1% for LADF) from its Kiru (624 MW) Hydro Electric Project at CVPPL Corporate Office, Jammu, J&K.
This Agreement was signed by Neeraj Sharma, CE (Trading) on behalf of JKPCL & Amrik Singh, Group General Manager (Planning) on behalf of CVPPL in presence of Yasin Mohd. Choudhary, Managing Director (JKPCL) and Ramesh Mukhiya, Managing Director (CVPPL) and senior officers of CVPPL & JKPCL.
The PPA is valid for a period of 40 years from the date of Commercial Operation of this project.