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Delhi to buy 1 GW of renewable power by 2019 – report

Delhi to buy 1 GW of renewable power by 2019 – report

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November 6 (Renewables Now) – Power distribution firms in Delhi will be able to buy 1,000 MW of renewable power by 2019 in an effort to fight air pollution, Delhi’s power minister said on Friday.

Cited by the Press Trust of India (PTI), Minister Satyender Jain explained that the city government will get more electricity from clean energy sources, if needed. He added that an in-principle agreement has already been made with three discoms. The tendering process will be overseen by central government agency Solar Energy Corporation of India (SECI), with the projected purchase price being under INR 3 (USD 0.046/EUR 0.040) per kWh.

Jain noted, as quoted by the PTI, that the average price for purchasing electricity in Delhi currently stands at INR 5.50 per kWh.

The Indian city has set a goal of producing 1,000 MW of solar power by 2020 under its solar energy policy from June 2016.

(INR 10 = USD 0.155/EUR 0.133)

Source : PTI
Anand Gupta Editor - EQ Int'l Media Network

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