The Haryana Electricity Regulatory Commission (HERC) has sanctioned the petition to acquire 250 MW of solar power from the Solar Energy Corporation of India (SECI).
HPPC had submitted the plea for acquiring 250 MW of solar power to fulfill its RPO targets through the 1,200 MW (ISTS Tranche IV) tender. The contractual validity for this project is 25 years and the tariff set for the procurement was ₹2.54 /kWh .
The state has a solar RPO target of 1 percent of the total consumption for the year 2016-17, 2.5 percent for the year 2017-18, 4 percent for 2018-19, 5.5 percent for 2019-20, 7 percent for 2020-21, and 8 percent for the year 2021-22.
The HPPC had submitted that it has 100 MW of contracted capacity with SECI at a tariff rate of ₹2.57 /kWh and other 400 MW at ₹2.51 /kWh. For wind and solar projects, it has a contracted capacity of 330 MW with SECI at the rate of ₹2.76 /kWh. Furthur, HPPC also has a contracted capacity of 93 MW with HPGCL)and 135 MW under the KUSUM program.
The Commission observed that the shortfall in fulfillment of RPO targets is about 1,202 million units for FY 2018-19 and the total shortfall stands at 1850.44 MUs considering the backlog in the solar RPO.
The Commission approved the request for the procurement of 250 MW of solar power through SECI, after analyzing the status of the RPO shortfall. The Commission asked HPPC to submit a copy of the power sale agreement within 7 days from the date of its signing.
HPPC is a joint forum established by the state’s distribution companies to undertake different activities including the signing of agreements on behalf of Haryana DISCOMs.