SJVN Green Energy signed a power purchase agreement (PPA) with the Bhakra Beas Management Board (BBMB) for 18 MW solar projects at a tariff of ₹2.63 (~$0.032)/kWh. The projects will be developed on four identified land parcels of BBMB in Himachal Pradesh and Punjab and are scheduled to be commissioned by August 2024. The projects will generate 39.42 MU of electricity in the first year of operation and 917 MU of cumulative energy generation over 25 years. Over the 25-year PPA period, the projects are expected to reduce 44,923 tons of carbon emissions.