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Power discoms partner with SECI for 200MW wind power

Power discoms partner with SECI for 200MW wind power


In order to provide green and clean energy, the BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) on Thursday inked Power Sale Agreements with SECI (Solar Energy Corporation of India) to procure 200 MW (100-MW each) of wind-power.

According to senior officials, with this latest agreement, BSES discoms will be getting a whopping 600 MW of wind power.

“Earlier, BRPL and BYPL have signed agreements to procure 250 MW and 150 MW of wind-power respectively. Of these, 50 MW of wind power has already started flowing from October 2018 and another 50 MW is expected to be available over the next couple of months. The remaining will start flowing progressively from November 2019,” a senior official said.

As per the senior official BSES, the agreement is not only one of the lowest tariffs for wind power, but is also priced substantially lower than the average cost of long-term PPAs, which are around Rs 4.5 per unit.

Moreover, this agreement will help BSES discoms fulfill their Renewable Purchase Obligations (RPO) and also help take the share of renewables in capacity terms to around 23 per cent by Financial Year 2020-21, said the official.

Commenting on the agreement, a BSES Spokesperson said, “Renewable energy is critical for sustainable growth and BSES is alive to it while ensuring there is minimal burden on the consumers. This allocation of wind power is once again a testament to our efforts.”

The power is expected to be available to the discoms from FY 2020-21 for a period of 25 years and will be available at a very competitive tariff of Rs 2.84 per unit, including the trading margin. The power will be procured though SECI, which will act as an intermediary procurer, the official added.

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


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