The Power Purchase Agreement (PPA) was signed between Chief Engineer, Power Development Department (PDD), UT Ladakh, Ghulam Ahmad Mir and Senior Manager (Projects), SECI, Debajyoti Bordoloi in the presence of Administrative Secretary, UT Ladakh, Ravinder Kumar.
It was informed that the PPA is for buying power from SECI from the 50MWdc Solar project with battery storage being developed with CFA under PMDP-2015, at Taru, Leh.
Also, it was further informed that the power from this project will be bought by PDD Ladakh at Rs 2.22/unit as mandated vide MNRE Sanction Order Dated:08.11.2021.
Speaking on the occasion, Administrative Secretary, Ravinder said that this is a very prestigious project for Leh which will help in improving Leh’s Power scenario in the coming days and would meet all the power requirements of the people of Leh, Ladakh. He further added that the MoU for this project was already signed between LAHDC Leh, UT Administration and SECI on April 6, 2021.
Further, SECI expressed gratitude to the UT Administration for this historic PPA signing ceremony and all the support provided till date related to this project.
In April this year the central agency implementing the National Solar Mission, SECI and Ladakh Autonomous Hill Development Council (LAHDC) had signed land agreement for the first of its kind battery storage based solar project of 50 MW in Leh.
The project is being built on 289 acres of land at Taru near Leh at an investment of Rs 239 crore and a viability gap funding of Rs 241 crore from the Centre. Four companies, including Vikram Solar and Sterling and Wilson, are in the race for the project, which is likely to be awarded by the month-end. It is expected to be completed by November 2022.