Power major BSES Rajdhani Power limited (BRPl) has signed a memorandum of agreement (MoA) with Power Trading Corporation of India limited (PTC) for procuring 100 MW wind-power.
After the move, power will be available to BRPl in around 18 months for a period of 25 years and will be available at a very competitive tariff of \Rs3.46 per unit. This is the lowest tariff for wind power so far in the country.
Anil Sinha, CEO of BRPl said "BRPl has taken the lead in championing the cause of wind power In line with Government's push for the renewals. This agreement will help BRPl to fulfil its 'Renewable Purchase Obligations' (RPO)."
The MoA has been signed during the ongoing "Conference of Power, New and Renewable Energy (MNRE) and Mines Ministers of States and UT's" in the Capital under MNRE's scheme for setting up 1000 MW ISTS (Inter State Transmission System) connected wind power projects. Subsequent to the MoA, BRPl will soon sign a "Power Sale Agreement" with PTC.
"The 1000 MW wind power project would be set-up in Tamil Nadu and Gujarat. Four bidders have won the bids for the project. Of these, Mytrah, Sembcorp and Inox Wind would be setting-up projects in Tamil Nadu and Ostro Energy in Gujarat," a discom official said.
"This is the first time competitive bidding has been conducted for wind power in India. It was carried-out by SECI (Solar Energy Corporation of India). Till now, wind power has been supplied on a 'regular fixed cost plus tariff' basis," he said.
BRPl and BYPl are premier power distribution companies and Joint Ventures between Reliance Infrastructure limited and Government of national capital territory (GoNCT).