The BSES Delhi discoms led by Reliance Infrastructure have signed contracts with Solar Energy Corp of India (SECI) to acquire 510 MW of solar and hybrid power (a mix of solar and wind power) at ₹2
The BSES Delhi discoms led by Reliance Infrastructure have signed contracts with Solar Energy Corp of India (SECI) to acquire 510 MW of solar and hybrid power (a mix of solar and wind power) at ₹2.44 per unit and ₹2.48 per unit, respectively, the company said on Tuesday.
The cost of electricity in these contracts is much lower than that of electricity supplied by the large thermal or gas-fired power plants around Delhi. “This is not only one of the lowest tariffs for renewables, but is also significantly lower than the average cost of power purchase contracts in general, which are around ₹5.5 per unit. Another major benefit is that a careful mix of wind and solar power in BSES’s power portfolio will be helpful in effectively meeting Delhi’s electricity demand, ”a BSES spokesperson said.
Hybrid energy is a mixture of solar and wind energy, one component of which represents at least 33% of the contractual capacity. In hybrid energy, the two energy sources are collocated and the pooled energy is injected into the system at the same point. One of the biggest advantages of hybrid energy is the optimal use of the costs of the energy evacuation network and the load of the transmission lines, because solar energy is primarily a diurnal phenomenon and the wind, Round the clock.
While solar power will help the Discom meet the peak demand of the day, wind power, coming from coastal areas, will meet the peak demand of the night.
The contracts are inked for a period of 25 years. Solar and hybrid power is expected to be available for Reliance Infrastructure led by BSES Discoms 18 months after signing the agreement at a very competitive rate of ₹2.44 per unit for solar and ₹2.48 per unit for the hybrid (including SECI’s trade margin), determined by electronic auction.