17
Mon, Dec

Inter State flow of wind power begins

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Inter State flow of wind power has begun under the first tranche of the Ministry of New and Renewable Energy Wind scheme.

A PTC India statement said that 126 MW of commissioned wind generated power will flow to Uttar Pradesh, Bihar, Jharkhand, and Odisha. In June 2016, the total capacity offered under the scheme was 1050 MW.

“PTC India has executed power purchase agreements with developers and power sale agreements with seven state utilities. SECI conducted the competitive bidding and e-reverse auction for the selection of wind project developers in February 2017 and the tariff discovered was Rs 3.46/kWh, setting a new benchmark for the wind sector at that time,” the statement added.

“This is an important milestone in the journey of renewable energy in India. The scheme enables transfer of renewable power from wind-rich states to wind-deficient states. Capacities under this scheme will be commissioned progressively in the coming months and the benefits will be reaped by state utilities fully from next wind season,” the Chairman and Managing Director of PTC India, Deepak Amitabh, said.