Delhi’s BYPL Partners With SECI For 100 MW Wind-Solar Hybrid Power Project

In a significant move towards sustainable energy solutions, BSES Yamuna Power Limited (BYPL), a prominent power distributor in Delhi, has recently agreed to acquire 100 MW of wind-solar hybrid power. This initiative is part of a broader strategy to enhance the use of renewable energy sources across the region.

The power will be sourced from the Solar Energy Corporation of India (SECI), which has been designated as the nodal agency for setting up large-scale solar and hybrid power projects connected to the interstate transmission system. SECI’s role involves orchestrating a tariff-based competitive bidding process and entering into power purchase agreements (PPAs) with developers at discovered tariffs.

The new agreement falls under SECI’s Tranche-III Project, which involves a total capacity of 1,200 MW. It specifically includes contributions from three significant renewable energy developers: ABC Renewable Energy Private Limited, Adani Renewable Energy Private Limited, and AMP Energy Green Pvt. Ltd., which were successful bidders in this initiative.

This partnership is timely, as it aligns with the National Wind-Solar Hybrid Policy aimed at promoting grid-connected wind-solar systems. These systems are recognized for their efficiency in utilizing transmission infrastructure and land, reducing variability in renewable power generation, and achieving better grid stability.

The deal includes a fixed tariff rate for the electricity procured, which is competitively priced at ₹2.48 per kilowatt-hour (kWh), inclusive of a small trading margin for SECI. This rate is locked in for 25 years, providing a long-term, cost-effective energy solution for BYPL’s customers. The tariff structure was determined after an e-reverse auction, underscoring the transparency and competitiveness of the pricing mechanism.

The project is expected to have a substantial impact on the local energy market by providing a reliable source of renewable energy that will help meet the growing power demand in the region. It also supports BYPL’s efforts to fulfill its Renewable Purchase Obligation (RPO), which mandates that a certain percentage of the total electricity consumed must be generated from renewable sources.

The implementation timeline is set with clear milestones, including 18 months for project completion from the signing date of the PPAs. This tight schedule emphasizes the urgency and priority given to enhancing renewable energy capacity in the region.

Moreover, the arrangement between BYPL and SECI features a back-to-back contract structure, ensuring that the terms agreed upon in the PPAs are mirrored in the power sale agreements (PSAs), providing consistency and reliability in the execution of the project.

Overall, this strategic move by BYPL to invest in hybrid renewable energy projects not only reinforces the company’s commitment to sustainable energy but also contributes to the national goal of increasing the share of renewables in India’s energy mix. As these projects come online, they are expected to bring environmental benefits, reduce dependency on fossil fuels, and offer economic advantages by stabilizing power costs over the long term.

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