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A power purchase agreement (PPA) secures the payment stream for a build-own transfer (bot) or concession project for an independent power plant (IPP). It is between the purchaser "offtaker" (often a state-owned electricity utility) and a privately owned power producer
A power purchase agreement (PPA), or electricity power agreement, is a contract between two parties, one which generates electricity (the seller) and one which is looking to purchase electricity (the buyer). The ppa defines all of the commercial terms for the sale of electricity between the two parties, including when the project will begin commercial operation, schedule for delivery of electricity, penalties for under delivery, payment terms, and termination.
Veluxsun provides ppa or electricity power agreement in various states. Now, veluxsun provides ppa services in gujarat, maharashtra , madhya pradesh and rajasthan. We deals in both private and goverment sector. Details are given below.