Hindustan Power signs 25-year pact to supply 800 MW power to Madhya Pradesh
New Delhi, May 20 -- Hindustan Power has signed a Power Supply Agreement (PSA) with MP Power Management Company Limited for the supply of 800 MW power from its upcoming unit in Anuppur, Madhya Pradesh, marking a major addition to the state's long-term energy capacity expansion plans.
According to a press release issued by Hindustan Power, the agreement has been facilitated through its subsidiary, Anuppur Powerprojects Private Limited, and power supply from the project is scheduled to commence from 2031.
The company said the PSA has been structured for a period of 25 years, with an option to extend it by another five years. The project has been awarded under the DBFOO (Design, Build, Finance, Own and Operate) model.
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