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Powerica Limited secures 50 MW wind project in Gujarat with GUVNL, spanning 25 years
21-Oct-2026, 07:09

Powerica Limited announced it received a Letter of Intent from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 50 MW wind power project in the state of Gujarat, with power to be supplied at Rs 3.51/kWh for 25 years. The project is expected to be commissioned within 24 months from the date of the Power Purchase Agreement (PPA), which will be executed within 15 business days following tariff adoption by the Gujarat Electricity Regulatory Commission (GERC).