NHPC Limited and Gujarat Urja Vikas Nigam Limited (GUVNL) have signed two Power Purchase Agreements (PPAs) for the procurement of electricity from NHPC’s major hydropower projects—the 1,856 MW Sawalkot Hydro Electric Project in the Union Territory of Jammu & Kashmir and the 1,720 MW Kamala Hydro Electric Project in Arunachal Pradesh.
The agreements were signed in Vadodara on June 30, 2026, and provide for the supply of power to GUVNL for a period of 40 years from the Commercial Operation Date (COD) of the respective projects. The PPAs reinforce the commitment of both organizations to ensuring a reliable supply of clean and sustainable hydroelectric power.
The long-term agreements are expected to contribute significantly to energy security while supporting the growing demand for renewable energy in the country. The projects will strengthen the role of hydropower in India’s clean energy transition and enhance the availability of sustainable electricity for consumers.
Highlighting the significance of the agreements, Shri Bhupender Gupta, Chairman and Managing Director (CMD), NHPC, said, “The signing of these long-term Power Purchase Agreements marks another significant step in NHPC’s commitment to strengthening India’s clean energy transition through reliable and sustainable hydropower. These partnerships contribute towards ensuring long-term energy security while supporting the nation’s renewable energy goals.”
The PPAs were signed by the General Manager (Commercial), NHPC, and the General Manager (Commercial), GUVNL, in the presence of senior officials from both organizations.
