BRE Summit Sineng
NewsBESCOM To Purchase Additional Solar Energy At INR 4.11/Unit From Walwhan Renewables,...

BESCOM To Purchase Additional Solar Energy At INR 4.11/Unit From Walwhan Renewables, Says KERC

Recently Bengaluru Electricity Supply Company Limited (BESCOM) had filed a petition for relief from purchasing extra power from a 50MW solar project.

Oriana

BESCOM had suggested two options a. Redetermine the tariff for purchase of additional energy at Rs. 2.36 per unit; or b. Relief from its obligation to purchase additional
energy beyond the contracted capacity specified in the PPA’s dated 14.01.2015.

ReNew

The petition was filed against Walwhan Renewable Energy Limited previously known as Welspun Solar Kannada Private Limited.

Walwhan entered into a Power Purchase Agreements (PPA) dated 14.01.2015 with BESCOM for the sale of solar energy from its Solar Photo Voltic (PV plants) of 50 MW each established at Kushtagi Taluk in Koppal District. As per PPA, the maximum energy to be purchased by the Petitioner was 91.980 MU with a maximum of 21%.

Walwhan generated power over and above the said CUF and injected the same into the grid, sought for payment for such power.

As per an earlier case for the same project, the Commission partly allowed the petition and directed BESCOM to purchase the additional energy injected at a tariff of Rs. 4.11 per unit via a supplemental PPA.

Also Read  MNRE Proposes Standardized 14-Digit Naming System For ALMM List-II Solar Cells

However stating major shifts in the solar industry and stating current low-level tariffs, BESCOM was seeking either redetermination of the Tariff or relieving the Petitioner from its obligation to purchase additional energy beyond the contracted capacity specified in
the PPA which was denied by the commission.


Discover more from SolarQuarter

Subscribe to get the latest posts sent to your email.

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RELATED ARTICLES

Subscribe Today

GET EXCLUSIVE FULL ACCESS TO PREMIUM CONTENT

SUPPORT CLEANTECH JOURNALISM

EXPERT ANALYSIS OF AND EMERGING TRENDS

TOPICAL VIDEO WEBINARS

Get unlimited access to our EXCLUSIVE Content and our archive of subscriber stories.

Exclusive content this week

Latest article

More articles

- Advertisement -Newspaper WordPress Theme