PPA signed between CVPPL, UPPCL

Officers of CVPPL and UPPCL show the signed Power Purchase Agreements in Lucknow.
Officers of CVPPL and UPPCL show the signed Power Purchase Agreements in Lucknow.

Excelsior Correspondent

JAMMU, July 31: In a significant development at Lucknow, Uttar Pradesh, Chenab Valley Power Projects Limited (CVPPL) has signed Power Purchase Agreements (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for off-take of power from its Kiru (624 MW) Hydel Electricity (HE) Project.
The Agreement was signed by Deepak Raizada, Chief Engineer (Power Purchase) on behalf of UPPCL & Amrik Singh, Group General Manager (Planning) on behalf of CVPPL in the presence of officers of CVPPL, NHPC Limited & UPPCL.
The PPA is valid for a period of 40 years from the date of Commercial Operation of this project.