The project is awarded by GUVNL through competitive bidding, followed by an e-reverse auction held on 20th April 2023. Post tariff adoption approval from GERC, a 25-year Power Purchase Agreement (“PPA”) signed with GUVNL in accordance with the terms of the PPA. This Project is scheduled to be completed within 18 months. Once commissioned, the project is estimated to generate approximately 450 million green units annually from 1st year onwards and over 6 billion cumulative green units in 25 years, playing a crucial role in the nation's decarbonization journey and achieving net-zero targets.