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  Metros   Delhi  19 Jul 2018  BSES signs deal to buy wind power

BSES signs deal to buy wind power

THE ASIAN AGE.
Published : Jul 19, 2018, 5:33 am IST
Updated : Jul 19, 2018, 5:33 am IST

“Moreover, this agreement will help the BSES discoms fulfil their Renewable Purchase Obligations,” it added.

Electricity distribution company
 Electricity distribution company

New Delhi: Electricity distribution company (discom) BSES Yamuna Power Limited (BYPL), supplying power to central and east Delhi, on Wednesday said that it has signed a power sale agreement with the Solar Energy Corporation of India (SECI) to purchase 100 MW of wind power at competitive rates.

A BSES statement said the power is expected to be available to the discom from the third week of November 2019 for a period of 25 years, and will be available at the highly competitive tariff of Rs 2.52 per unit.

With the signing of this latest agreement, the BSES discoms will be getting a whopping 400 MW of wind power. Earlier, BSES Rajdhani Power Limited (BRPL) had signed agreements for 250 MW of wind power and BYPL for 50 MW (150 MW including the latest agreement).

“Of these, 100 MW of wind power will start flowing from November 2018 and the remaining 300 MW from November 2019,” it said.

“This is not only one of the lowest tariff for wind power, but is also priced substantially lower than the average cost of long-term power purchase agreements (PPAs), which are more than `4.5 per unit,” it said.

“Moreover, this agreement will help the BSES discoms fulfil their Renewable Purchase Obligations,” it added.

The BSES statement also said that a prudent mix of wind and solar power in the discom’s power1 portfolio will be helpful in effectively meeting Delhi’s peak power demand.

“Delhi experiences peak power demand twice in a 24-hour period and this wind power being sourced from the coastal area of Gujarat is likely to support the peak demand,” it added.

According to a spokesperson of the BSES,  “The discoms are committed to promote for the promotion renewable power in Delhi while ensuring that there is minimal burden on the consumers. We have been buying energy from all available sources at economical rates.”

D14

Tags: solar energy corporation of india, bses