The Sky Power South East Asia holding limited company would provide 50 megawatt electricity at Rs 5.05 per unit. Other private companies would give power at Rs 6 per unit to the State.
Earlier the State was getting solar electricity at Rs 7 per unit but with the increasing necessity of electricity and to encourage solar power the power management company called tenders on the basis of competition.
More than 100 investors including Reliance and Adani power participated in the prize and financial bid. With the result the State would get solar power at the minimum rate. Thus, the State would get 300 mega watt solar powers up to 25 years. A power purchase agreement for 25 years would be made with the company giving the tenders of minimum rate. This would take at least one year.
According to experts the power company would get much relief after the power purchase agreement. The following company have given their rates as Narbhiram Vishram Kolkatta Rs 5.38 per unit, Narendra Kumar Khanna Delhi Rs 5.45 per unit pvt. ltd. 5.45 per unit, Disinco Delhi Rs 5.61 per unit, renew solar power Rs 5.63 per unit and Hero Solar Agency Rs 5.64 per unit.
The Managing Director MP power management company Sanjay Kumar Shukla said the production of solar electricity is being priority in the State. This has opened way for getting 300 megawatt electricity at the minimum rates for 25 years.