Business Standard

Gridco aims to buy 550 Mw renewable power from SECI in FY20

Will source around 300 Mw of solar and 250 Mw wind power to meet the RPO renewable purchase obligation

POWER SECTOR, POWER, ELECTRICIT, NTPC, POWER BILL
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Nirmalya Behera Bhubaneswar
Odisha's bulk power buyer cum trader Gridco aims to procure 550 Mw of solar and wind power through Solar Electrification Corporation of India (SECI) auctions in 2019-20.

“The bulk power purchaser will get around 300 Mw of solar power and 250 MW wind power through SECI. The power purchase will be made to meet the RPO (renewable purchase obligation)”, said an official.

Gridco can draw this solar power without forking out transmission or wheeling charges.

Odisha is known to be a laggard state in generating power from non-conventional sources. Availability of contiguous land is viewed as the key roadblock for developing solar projects.

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