UPPCL, SECI sign 1 GW solar power sale agreement

Share

The Uttar Pradesh Power Corp. Ltd (UPPCL) and Solar Energy Corp. of India (SECI) have executed a power sale agreement (PSA) for 1 GW of solar power from interstate transmission system (ISTS) connected projects. UPPCL will buy this power at a tariff of INR 2.52-2.53 ($0.030) per kWh plus INR 0.07 trading margin of SECI; SECI is the trader as an Intermediary Procurer.

The solar power shall be procured from the projects of Avaada Energy (300 MW), Sprng Energy (250 MW), ReNew Solar Power (300 MW) and Solarcraft Power India 8 (150 MW).

The expected scheduling of the power is around Feb. 2026, stated UPPCL.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

The Hydrogen Stream: India’s Uttar Pradesh receives INR 1.15 lakh crore investment proposals from 17 firms for green hydrogen production
17 September 2024 The state government of Uttar Pradesh has received investment proposals amounting to close to INR 1.15 lakh crore from 17 different entities for produ...