BSES Discom Signs Power Agreement Of 510-MW Solar & Hybrid With SECI

The BSES discom announced that it has signed a 510-MW solar and hybrid power agreement with the Solar Energy Corporation of India (SECI). The Reliance Infrastructure-led BSES discoms — BRPL and BYPL — are the first in Delhi to ink an agreement for hybrid power which is a pooled mix of solar and wind power co-located at the same site. Of the total quantum of 510 MW, 300 MW is solar power and 210 MW is hybrid power.

The agreement is inked for a period of 25 years, wherein the solar and hybrid power is expected to be available to Reliance Infrastructure led BSES discoms 18 months after signing of the agreement at a tariff of Rs 2.44 per unit for solar and Rs 2.48 per unit for hybrid. This tariff is lower than the average cost of power purchase agreements, which are around Rs 5.5 per unit. .