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The project involves power supply from the solar power facility with a contracted capacity of 300 MW at a tariff rate of Rs 2.86 per kWh. The contract period is for 25 years from the scheduled commencement of supply.
The contract has been awarded by a domestic entity, SECI, and does not fall under related party transactions. The promoter or promoter group of Purvah has no interest in SECI.
This award marks another step in advancing India’s renewable energy capacity and strengthening grid reliability through integrated energy storage solutions.
CESC is a fully-integrated electrical utility company. The company's other business segments include power, organized retailing, property development and business process outsourcing.
The company’s consolidated net profit jumped 20.4% to Rs 425 crore on 12.1% increase in net sales to Rs 5,267 crore in Q2 FY26 over Q2 FY25.
Purvah Green Power (Purvah), a subsidiary of CESC, has today, duly acknowledged the receipt and acceptance of the Letter of Award dated 27 October 2025 issued by Solar Energy Corporation of India (SECI) to Purvah, pursuant to Purvah's response submitted on the Request for Selection for setting up of 2000 MW ISTS-connected Solar PV Power Projects with 1000 MW/ 4000 MWh Energy Storage Systems in India issued by SECI.
Purvah has been selected for setting up of Solar Power Project with ESS of 300 MW Contracted Capacity under Tariff-based Competitive Bidding.