BrightNight has signed a power purchase agreement (PPA) with NTPC Limited to supply 110 MW AC of firm and dispatchable renewable energy (FDRE). The agreement is part of NTPC’s 3,000 MW renewables-plus-storage tender. BrightNight secured the capacity by quoting a tariff of Rs 4.72 per kWh.
BrightNight plans to deliver the power from its 350 MWp solar-wind project located in Rajasthan. This project includes a 100 MWh battery energy storage system and is connected to the interstate transmission system. The agreement will remain in effect for 25 years.
Earlier this month, Tata Power Renewable Energy Limited, a subsidiary of The Tata Power, signed a PPA with NTPC Limited for the development of a 200 MW FDRE project.
