PTC India Signs Treaty with Brookfield Renewable to Purchase 100 MW Solar Power
PTC India will facilitate Brookfield Renewable with an assured tariff and payment security, playing a major role in the progress of the projects.
May 10, 2023. By Nivedita Ojha
PTC India has inked a Memorandum of Understanding (MoU) with Brookfield Renewable for the purchase of 100 MW solar power on a long-term basis.
According to the agreement, PTC India will have an alternative to increasing the power capacity to 200 MW, which will be ascertained by both parties during the project commissioning.
PTC India will sell the power to different utilities and commercial and industrial consumers on a long-term, medium-term, and short-term basis.
Brookfield Renewable is evolving a 400 MW solar power project in Bikaner solar park in Rajasthan.
PTC India will facilitate Brookfield Renewable with an assured tariff and payment security, playing a crucial role in the project’s development.
Brookfield Renewable is a company for renewable power and decarbonization solutions.
PTC India will leverage the power of numerous utilities and commercial and industrial consumers.
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