Delhi discom signs agreement to procure wind power at low rate

Delhi electricity distribution company (discom) BSES has announced it has signed a power sale agreement (PSA) with the Solar Energy Corp of India (SECI) to procure 200 MW at competitive rates. BSES said that sister discoms BSES Rajdjani Power (BRPL) and BSES Yamuna Power (BYPL) are going to purchase 150 MW and 50 MW of wind power from SECI "at a very competitive tariff of Rs 2.52 per unit". "The power is expected be available to the BSES discoms in about 18 months from now - from the third week of November, 2019 - for a period of 25 years," it said. The discom said the tariff is priced substantially lower than the average cost of long-term power purchase agreements (PPAs), which are above Rs 4.5 per unit. This agreement will help BSES discoms fulfil their Renewable Purchase Obligations.