Mumbai, Aug. 7 -- Under the award, the company will supply power at a tariff of Rs 3.85 per kWh for a period of 25 years.

The project is required to be commissioned within 24 months from the date of execution of the Power Purchase Agreement (PPA). The PPA will be executed within the period specified under the terms and conditions of the Request for Selection (RfS).

The order has been awarded by a domestic entity and relates to the development and supply of power from a wind power project.

The company said that neither the promoter, promoter group nor group companies have any interest in SECI, and the contract does not fall under related party transactions.

Powerica is an integrated power Solutions Company engaged in the diesel generat...