SECI Signs PSA for 750 MW Solar Power and MoU for BESS Facility

SECI has announced the signing of two new agreements a PSA and an MoU with two power discoms in Delhi and Rajasthan, respectively.

MOU SIGNED WITH BRPL FOR BESS PROJECT OF SECI pic.twitter.com/6pO1XsFQOr

— SECI (@SECI_Ltd) July 1, 2019

The Solar Energy Corporation of India (SECI) has announced the signing of two new agreements with two power discoms in Delhi and Rajasthan.

The nodal agency for implementing renewable energy projects in the country has signed a Memorandum of Understanding (MoU) with the BSES Rajdhani Power Limited (BRPL) for its Battery Energy Storage System (BESS) project. The BESS system will be co-developed by both entities.

The second agreement was signed with the Rajasthan Urja Vikash Nigam Limited (RUVNL) for the sale of 750 MW solar power under the guiding terms of a Power Supply Agreement that the nodal agency has signed.

Recently, SECI has been signing multiple PSAs with distribution licensees across the country.

The Chattisgarh State Power Generation Company (CSPGCL) has signed a PSA procuring 400 MW of power from hybrid projects for which the nodal agency has signed Power Purchase Agreements with the project developers.

Tata Power Delhi Distribution Limited (TPDDL) for sale of 200 MW of solar power.

The Uttar Pradesh Power Corporation Ltd. (UPPCL) has signed a PSA for procuring 460 MW of wind power with the Solar Energy Corporation of India (SECI).

Delhi-based distribution company BSES Rajdhani Power Ltd. (BRPL), a joint venture between the Government of NCT and Reliance Infrastructure, which distributes power to over 2.4 million customers in 21 districts in South and West Delhi signed a PSA with SECI for procuring 500 MW Solar Power and 50 MW wind power.

The Kerala State Electricity Board (KSEB) has signed a Power Supply Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 200 MW of wind power.

SECI also recently announced that it had signed three PSA with Bihar DISCOMS worth 800 MW. The 3 PSAs aggregating 450 MW Solar and 350 MW Wind Power signed by SECI with the state distribution companies of Bihar.

In May, SECI has announced that it has signed a Power Supply Agreement (PSA) with the Haryana Power Purchase Centre (HPPC) for the supply of 400 MW solar power.