Powerica Signs 100 MW Wind PPA with GUVNL at ₹3.44/kWh in Gujarat

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Powerica Limited has signed a 25-year Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 100 MW wind power project in Botad, Gujarat, at a tariff of ₹3.44/kWh. 

The project is planned to be executed within 24 months and is expected to deploy 28 GE Vernova 3.8 MW wind turbines. The long-term PPA provides Powerica with contracted revenue visibility while expanding its presence in Gujarat’s wind energy market.

The project will further strengthen Powerica’s renewable energy portfolio and contribute to the company’s growing focus on wind power generation. GE Vernova’s turbine supply agreement for the Botad project covers 28 onshore turbines, with deliveries expected to begin in Q4 2026. 

Key Highlights

🔹 Capacity: 100 MW
🔹 Offtaker: GUVNL
🔹 PPA: 25 years
🔹 Tariff: ₹3.44/kWh
🔹 Location: Botad, Gujarat
🔹 Execution Timeline: 24 months
🔹 Turbines: 28 × 3.8 MW GE Vernova