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In light of the state government’s focus on clean and cost-effective renewable energy, the Kerala State Electricity Board (KSEB) is soliciting proposals for 100 megawatts (MW) of each wind and floating solar project. All of these projects will be built in the state’s 10 dams.
The government has stated that bids for wind energy projects would be opened on February 24. The electricity rate for KSEB repurchase is also set at Rs 4.10 per unit, according to the information obtained.
NTPC, KMRL, Inox Renewables, Tata Group, and Adani Power are among the corporate players that have participated in the energy board’s bids, according to the director of KSEB’s Renewable Energy and Energy Savings Division (REES), R Suku.
The government has said that the 100 MW wind energy projects have the potential to produce investments in the range of Rs 800 crore.
According to R Suku, bids for constructing grid-connected floating solar projects of 100 MW in the ten dams would be opened by the end of February 2022, and the department hopes to produce tremendous power generating reservoirs in this manner.
Previously, KSEB had completed the first reservoir-based solar floating facility of 500 KW at the Banasura Sagar Dam in Wayanad, said Suku.
He continues, saying that Corporates have expressed interest in the Request for Qualification for 8 dams under the KSEB and 2 under the Kerala Water Authority. The plan is for the facilities to be designed, owned, built and operated.
Currently, KSEB is in charge of eight dams that are used for hydroelectric projects.
Kerala’s Solar Energy Policy states that the state intends to increase installed solar capacity to 2500 MW by 2030 in order to decrease dependency on traditional fuel sources.
The state plans to add 1000 MW of solar power capacity to its current capacity by the end of 2022 under its existing ‘Soura’ initiative. This will be accomplished through a variety of techniques, including floating solar, ground-mounted solar, rooftop solar, and even canal top solar.