Jindals signs PPA for 150 MW proj

New Delhi: BC Jindal Group on Wednesday said it has signed an agreement with state-owned SECI to set up a 150 MW round-the-clock renewable energy project. The project is part of SECI's 1,200 round-the-clock (RTC) renewable energy project, for which the tender was floated in November last year, the group said in a statement. BC Jindal Group said it won a 150 MW capacity at a tariff of Rs5.07/kWh (kilowatt-hour) following a competitive bidding process during a reverse auction.