A power purchase agreement for 100 MW of wind power was signed between the Solar Energy Corporation of India (SECI) and BSES Yamuna Power Limited (BYPL) on Wednesday.
Tariff
A BYPL statement said wind power will be procured by the distribution company at a tariff of ₹2.52 per unit for a period of 25 years.
The SCEI is the government-appointed nodal agency for procurement of power from grid-connected wind power projects.
The current deal will take the total wind power portfolio of the discom to 400 MW. Of the total 400 MW of wind power, 100 MW is expected to be in use from November 2018 and the remaining will be made available from November next year.
Average cost
Wind power will be procured from developers in Gujarat’s Kutch. The tariff is expected to be one of the lowest in case of wind power, said the BYPL. The average cost of long-term power purchase agreement is above ₹4.5 per unit, the release added.