It is learnt that Torrent Power clinches a significant milestone with the receipt of a Letter of Award (LoA) for 150 MW wind solar hybrid project. Operating under the greenshoe option, the project is set to supply power at a competitive tariff of Rs 3.65 per kWh. Scheduled for commissioning within 24 months from the signing of the power purchase agreement (PPA), the contract spans 25 years. Ensuring robust performance, the project targets a minimum capacity utilization factor (CUF) of 50% annually.