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Jakson Group Signs PPA for Setting up 70 MW Solar Power Plant

Jakson Group has inked a power purchase agreement (PPA) with Assam Power Distribution Company (APDCL) for 70 MW solar power plant at Amguri, Sivasagar district in Assam.

 

The company had won the bid to develop the 70 MW grid-connected solar power plant in the state based on a request for proposal (RfP) issued by the Assam Power Generation Corporation (APGCL) in 2019.

 

The project will be the biggest solar power plant in Assam and contribute towards achieving India's ambitious solar energy target of 100 GW by 2022.

 

With this project, the company’s solar IPP portfolio now stands at 300 MW, of which 80 MW is operational and 220 MW is under various stages of execution. The company plans to scale this to one GW in the next two to three years.

 

In addition to the PPA, Jakson Group also signed a land lease and project implementation support agreement with APDCL.

 

With the support of APDCL, the company aims to complete the project on schedule in the next 12-14 months.

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