Jakson Green Secures 400 MW Solar Power Deal with NHPC

04 Jul 2024 CW Team

"We are thrilled to embark on this agreement with NHPC, the first of many more to come. This 400 MW PPA, our largest to date, with NHPC is a monumental achievement for Jakson Green," said Kannan Krishnan, Joint Managing Director of Jakson Green Pvt Ltd.

The new solar project, slated to be located in Rajasthan and integrated into the central grid, is expected to generate clean energy equivalent to powering approximately four lakh households annually. Moreover, it will contribute significantly to reducing nearly 752,000 metric tons of CO2 emissions per year, while also creating substantial job opportunities during its construction and operational phases.

In a competitive bidding process conducted last year by NHPC for nationwide projects connected to the Central Transmission Utility (CTU), Jakson Green secured the 400 MW capacity at a favorable tariff of Rs 2.53 per unit. The project is scheduled to be commissioned within 24 months from the signing of the PPA. NHPC will purchase the power for 25 years, earmarked for sale to distribution companies (discoms).

The PPA signing ceremony was attended by key figures including Onkar Yadav, General Manager of NHPC, Kannan Krishnan of Jakson Green, and M K Gupta, Executive Director of NHPC, among other senior dignitaries.

This landmark agreement further solidifies Jakson Green's position in the renewable energy sector, adding to its successful PPAs earlier this year with Solar Energy Corporation of India (SECI) and Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RUVNL). With this latest addition, Jakson Green's IPP portfolio now stands at an impressive 1 GW, reflecting its commitment to driving India's clean energy transition forward.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Jakson Green, a leading player in India's renewable energy landscape, announced a significant achievement on Wednesday with the signing of a 400 MW solar power agreement with NHPC Ltd. This marks Jakson Green's first Power Purchase Agreement (PPA) with NHPC, underscoring its rapid growth as an Independent Power Producer (IPP) with a burgeoning portfolio. We are thrilled to embark on this agreement with NHPC, the first of many more to come. This 400 MW PPA, our largest to date, with NHPC is a monumental achievement for Jakson Green, said Kannan Krishnan, Joint Managing Director of Jakson Green Pvt Ltd. The new solar project, slated to be located in Rajasthan and integrated into the central grid, is expected to generate clean energy equivalent to powering approximately four lakh households annually. Moreover, it will contribute significantly to reducing nearly 752,000 metric tons of CO2 emissions per year, while also creating substantial job opportunities during its construction and operational phases. In a competitive bidding process conducted last year by NHPC for nationwide projects connected to the Central Transmission Utility (CTU), Jakson Green secured the 400 MW capacity at a favorable tariff of Rs 2.53 per unit. The project is scheduled to be commissioned within 24 months from the signing of the PPA. NHPC will purchase the power for 25 years, earmarked for sale to distribution companies (discoms). The PPA signing ceremony was attended by key figures including Onkar Yadav, General Manager of NHPC, Kannan Krishnan of Jakson Green, and M K Gupta, Executive Director of NHPC, among other senior dignitaries. This landmark agreement further solidifies Jakson Green's position in the renewable energy sector, adding to its successful PPAs earlier this year with Solar Energy Corporation of India (SECI) and Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RUVNL). With this latest addition, Jakson Green's IPP portfolio now stands at an impressive 1 GW, reflecting its commitment to driving India's clean energy transition forward.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Infrastructure Transport

05 Sep 2025

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Infrastructure Transport

05 Sep 2025

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..