A.Venu Prasad, CMD, PSPCl on Wednesday said that in 2015 the ministry of Renewable Energy (MNRE) had set a target for renewable energy generation of 175 Gigawatt (GW) by 2022 which was taken up as a challenge by the PSPCl.
He said despite the availability of limited renewable energy resources and high cost of land PSPCl has made tremendous strides in the Non-conventional energy sector by fully utilizing the available resources in the state including small hydro, biomass & solar energy. Punjab has come a long way as it was awarded the 'Best Performing State' in RE Capacity Edition in 2015.
The CMD said that at present PSPCl is getting clean energy from renewable energy resources in the state and outside on long term basis and short term also. Prasad added that at present the share of renewable energy has risen to 18 per cent of the total energy produced via Thermal/Hydel resources in the state. The Solar generation contributes approximately up to 12.5 per cent and Non-Solar up to 5.5 per cent to RE generation.
He said that while taking a step further in this direction PSPCl has signed
an agreement with Solar Energy Corporation of India (SECI) to purchase wind power @ Re.2.72 per KWH which will be available
from other states producing wind power.
