Purvah Green Power Private Limited, a wholly owned subsidiary of CESC Limited, has secured a major renewable energy contract, strengthening its position in India’s green power sector. The company has officially accepted a Letter of Award (LOA) dated December 23, 2025, issued by REMC Limited after an open competitive bidding process.
Key Highlights of the Project
The awarded project focuses on developing grid-connected renewable energy power projects capable of supplying 180 MW of Round-the-Clock (RTC) power. Depending on operational needs, the project may also include energy storage systems to ensure uninterrupted electricity supply.
Some important details of the contract include:
Power Capacity: 180 MW of continuous RTC renewable power
Tariff: ₹4.35 per kWh
Project Tenure: 25 years from the date of commissioning
Awarding Authority: REMC Limited
Long-Term Revenue Visibility
With a fixed tariff locked in for 25 years, this project offers long-term revenue visibility for Purvah Green Power. The Round-the-Clock nature of the supply makes the project particularly valuable, as it ensures consistent power delivery rather than intermittent generation.
No Related Party Involvement
REMC Limited is a domestic entity, and importantly, CESC’s promoters or group companies have no interest in it. The company has clarified that the transaction does not qualify as a related party transaction, maintaining transparency and strong corporate governance standards.
A Strategic Step in Green Energy Growth
This project can be seen as a 25-year commitment to clean and reliable energy, where Purvah Green Power takes on the responsibility of delivering uninterrupted green power at a predetermined price. The contract aligns well with India’s broader push toward renewable energy and sustainable power generation.