The State-owned hydropower producer will set up grid-connected solar power plants in the state and sell the electricity generated at an INR 3.11/kWh tariff under a 25-year PPA with the State Discoms.
The hydropower producer will sell the solar electricity generated from the plant to Bihar Renewable Energy Development Agency (BREDA) under a 25-year power purchase agreement.
The EPC provider has won an aggregate 13.2 MWp solar capacity from State-owned Central Electronics Limited, in addition to projects from Gas Authority of India Limited, Bihar Renewable Energy Development Agency, Hindustan Petroleum Corporation Limited and Reserve Bank of India.
Of the total capacity, 2 MW is to be set up over a government water body at North Bihar Power Distribution Company Limited Circle in Dharbanga, while another 2 MW shall come up over any private water bodies in the state. Bidding closes on September 12.
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