Apraava Energy Bags 300MW Wind Project in Karnataka

By siliconindia  |  Thursday, 28 December 2023, 11:17 IST

Apraava Energy Bags 300MW Wind Project in Karnataka
Apraava Energy, a provider of comprehensive energy solutions, has announced its acquisition of a significant 300 MW wind energy project in Aski, Karnataka. This achievement is part of the 1,200 MW auction capacity for ISTS-connected wind power projects under Tranche-XIV, overseen by the Solar Energy Corporation of India (SECI). The company states that the project's development will align with the specified timelines in the 25-year Power Purchase Agreement (PPA). The agreed-upon tariff stands at a competitive rate of Rs 3.24/kWh.
As part of their contractual commitments, Apraava Energy takes charge of various responsibilities, including land acquisition, wind farm development, and establishing grid infrastructure up to the metering point at the ISTS grid substation. Apraava Energy also highlighted its extensive renewable energy (RE) portfolio, totaling 1,176 MW, spanning projects across Rajasthan, Gujarat, Maharashtra, Madhya Pradesh, Tamil Nadu, Telangana, and Karnataka.
Rajiv Ranjan Mishra, the Managing Director of Apraava Energy, shared his viewpoint on this milestone, stating, “This marks our third wind project in Karnataka, a region with significant potential for RE expansion. Leveraging our substantial experience as early adopters of wind power generation in the country, alongside our expertise in collaborating with renowned O&M partners, we aim to develop the project to the highest operational standards”.

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