Bhubaneswar: Solar Energy Corporation of India Limited (SECI) will supply 600 MW of wind power to GRIDCO Odisha.
SECI has signed a Power Sale Agreement (PSA) with GRIDCO, under which the Odisha transmission company will purchase 600 MW of wind power from SECI under Tranche – XIII of ISTS (Inter State Transmission System) Connected Wind Power Projects Scheme.
Under the ISTS scheme of the Ministry of New & Renewable Energy, power generated from a state rich in renewable energy resources could be transmitted to states deficient in renewable energy resources.
The agreement was signed in the presence of Additional Chief Secretary, Department of Energy, Government of Odisha, N. B. Dhal.
Odisha Electricity Regulatory Commission has already given in-principle approval for procurement of 600 MW wind power by GRIDCO. Power is scheduled to be commissioned within 24 months from the date of signing the Power Purchase Agreement (PPA) with Project Developers, according to an official release.
The aggregate capacity of 600 MW is likely to be installed by developers based in Gujarat, Karnataka and Maharashtra.
GRIDCO Limited is presently engaged in bulk purchase and bulk sale of power to the four Distribution Companies in Odisha and trading of surplus power through traders to promote exchange of power with neighbouring States in the country.