Jakson Green Secures First 100 MW Wind Power Purchase Agreement with GUVNL

Key Takeaways

Jakson Green has signed its first wind Power Purchase Agreement (PPA) with GUVNL for a 100 MW project in Gujarat.
The 25-year PPA has a tariff of Rs 3.59 per unit and is expected to generate over 300 million kWh of energy annually.
The project will help offset approximately 250,000 tonnes of CO₂ emissions each year and is set to become operational within 24 months.

Jakson Green’s Wind Energy Initiative

Jakson Green announced its entry into the wind energy sector by signing a significant Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) through its subsidiary, JGRJ Three Solar Private Ltd. The agreement involves a 100 MW wind power project, formalized under GUVNL’s Wind Tender (Phase VIII), and outlines a 25-year deal with a competitive tariff of Rs 3.59 per unit.

The wind project, located in Gujarat, is expected to generate over 300 million kilowatt-hours (kWh) of energy annually. This output will play a crucial role in reducing carbon emissions, as it is projected to offset around 250,000 tonnes of CO₂ emissions each year. This initiative is part of Jakson Green’s broader strategy to diversify its green energy offerings, which currently include solar and hybrid solutions.

Kannan Krishnan, Managing Director of Jakson Green, remarked, “Our first wind power PPA with GUVNL marks our entry into utility-scale wind energy. This is a natural progression for Jakson Green… and underscores our commitment to diversifying our green energy solutions and accelerating India’s transition to a sustainable future.”

The project is set to go operational within the next 24 months, contributing to India’s growing renewable energy landscape. Krishnan Rajagopalan, Head – IPP at Jakson Green, highlighted that India’s wind energy potential exceeds 695 GW, positioning the country as a global leader in installed wind capacity. He noted that states like Gujarat offer a viable pathway toward achieving a sustainable energy future, and Jakson Green is dedicated to harnessing this vast resource effectively.

Jakson Green operates as a green energy transition platform, providing engineering, procurement, and construction (EPC), alongside operations and maintenance (O&M) services for renewable energy projects both domestically and internationally. The company is supported by the established Jakson Group, reinforcing its commitment to advancing renewable energy and supporting India’s energy transition.

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