Apraava Energy, the integrated energy solutions provider, announced on Wednesday that it successfully secured a 300 MW wind energy project in Aski, Karnataka. This significant achievement comes as part of the 1,200 MW auction capacity for Inter-State Transmission System (ISTS)-connected wind power projects (Tranche-XIV) conducted by the Solar Energy Corporation of India (SECI).
The company emphasised that the construction of the project will adhere to the timelines outlined in the Power Purchase Agreement (PPA), spanning a period of 25 years at a competitive tariff of Rs 3.24/kWh, according to a press release.
As per the terms of the agreement, Apraava Energy will take on the responsibility of acquiring the land, overseeing the development of the wind farm, and establishing the essential grid infrastructure up to the metering point at the ISTS grid substation.
Apraava Energy proudly disclosed that its current Renewable Energy (RE) portfolio, encompassing both solar and wind projects, has reached an impressive 1,176 MW. The company’s projects are strategically spread across various states, including Rajasthan, Gujarat, Maharashtra, Madhya Pradesh, Tamil Nadu, Telangana, and Karnataka.
Expressing optimism about the latest venture, Rajiv Ranjan Mishra, Managing Director of Apraava Energy, stated, “This is our third wind project in the state of Karnataka, which offers tremendous opportunities for RE growth. With the rich experience of being early adopters of wind power generation in the country, coupled with expertise in working with marquee O&M partners, we aim to build the project with the highest operational standards.
