Global Infrastructure SherpaCESC awards 600 MW wind-solar hybrid power supply PPAs to four entities in India
CESC Limited, an Indian power utility, has issued four Letters of Award for the long-term supply of 600 MW of wind-solar hybrid power. Purvah Green Power Private Limited secured a 300 MW award, while Vismaya Renewables India Project Private Limited, Hexa Climate Solutions Private Limited, and Sprng Energy Private Limited each received 100 MW. These power purchase agreements (PPAs) will remain in force for 25 years, ensuring a stable energy supply. The tariff for Purvah Green Power, Hexa Climate Solutions, and Sprng Energy is fixed at INR 3.75 per kWh, with Vismaya Renewables awarded at INR 3.74 per kWh. Purvah Green Power is a subsidiary of CESC, and its 300 MW award was treated as a related-party transaction conducted on an arm’s length basis. This transaction supports India's renewable energy goals and enhances CESC's power procurement portfolio.
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- 600 MW total capacity awarded across four wind-solar hybrid projects
- Purvah Green Power secured 300 MW; Vismaya Renewables, Hexa Climate Solutions, and Sprng Energy each secured 100 MW
- PPA term: 25 years
- Tariff: INR 3.74–3.75 per kWh
- Announcement date: March 20, 2026
Source Intelligence
Purvah Green Power is a subsidiary of CESC, and its 300 MW award was treated as a related-party transaction conducted on an arm’s length basis in the ordinary course of business. Quote: 'The filing also stated that Purvah is a subsidiary of CESC, and its 300 MW award has been treated as a related-party transaction conducted on an arm’s length basis in the ordinary course of business.'
"CESC Limited, an Indian power utility, has issued four Letters of Award for the long-term supply of 600 MW of wind-solar hybrid power."
"Purvah Green Power Private Limited has been awarded 300 MW, while Vismaya Renewables India Project Private Limited, Hexa Climate Solutions Private Limited, and Sprng Energy Private Limited have each been awarded 100 MW."
"Purvah Green Power Private Limited has been awarded 300 MW, while Vismaya Renewables India Project Private Limited, Hexa Climate Solutions Private Limited, and Sprng Energy Private Limited have each been awarded 100 MW."
"Purvah Green Power Private Limited has been awarded 300 MW, while Vismaya Renewables India Project Private Limited, Hexa Climate Solutions Private Limited, and Sprng Energy Private Limited have each been awarded 100 MW."
"Purvah Green Power Private Limited has been awarded 300 MW, while Vismaya Renewables India Project Private Limited, Hexa Climate Solutions Private Limited, and Sprng Energy Private Limited have each been awarded 100 MW."
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