Developers now have until March 11 to lodge their interest in building 275 MW of grid-connected solar capacity in Uttar Pradesh Solar Park. The projects are to be set up on a build-own-operate basis.
Global bids are invited to build 275 MW of grid-connected solar capacity in Uttar Pradesh Solar Park. The projects are to be set up on a build-own-operate basis. The tariff ceiling is fixed at INR 3.25/kWh for the 25-year power purchase agreement duration.
The solar capacity—comprising two plants of 50 MW each—were completed ahead of schedule despite adverse conditions amidst Covid-19. The plants benefit from 25-year power purchase agreements with Uttar Pradesh Power Corporation Limited, at INR 3.22/kWh and INR 3.19/kWh, respectively.
The EPC contractor said it is the largest solar plant by capacity commissioned so far in the state of Uttar Pradesh. The plant is estimated to generate 319 million units of electricity per year, which is enough to power 1,45,662 houses annually.
State-run Uttar Pradesh Power Corporation Limited (UPPCL) will procure the electricity generated from the solar plant under a 25-year power purchase agreement.
The solar plant in Chitrakoot takes Adani Green Energy’s total operational renewable capacity to 2975 MW—a step closer to its vision of 25 GW capacity by 2025.
Bundelkhand Saur Urja Limited is looking to engage a consultant to develop the solar park in the Jalaun district. Only domestic consultancy firms registered in India can apply.
TP Renewable Microgrid has installed an aggregate 3 MW of solar microgrid capacity with its 100th project commissioned in Ratnapur, Uttar Pradesh.
Uttar Pradesh will get $430 million to upgrade distribution lines in rural areas and construct a parallel network of 11-kilovolt feeders spanning 17,000 km to separate electricity distribution between residential and agriculture consumers. The $132.8-million loan approved for Meghalaya will be used for the installation and upgradation of substations, distribution lines, etc.
The state-owned power generator plans to reach 32 GW of capacity through renewables or one-fourth of its overall power portfolio by the beginning of the next decade.
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