Key Points
New Delhi, Sep 15 (PTI) Adani group has won a bid to supply 6,600 MW of bundled renewable and thermal power to Maharashtra for the long term after its quote of Rs 4.08 per unit beat the likes of JSW Energy and Torrent Power, sources said...
Its bid for the bundled renewable and thermal energy supply for 25 years was almost a rupee lower than the cost at which Maharashtra currently procures electricity and will help meet future electricity requirements of the state, two sources with direct knowledge of the matter said.. Supplies are to start in 48 months from the date of award of the letter of intent...
As per the bid conditions, Adani Power will supply solar power at a fixed cost of Rs 2.70 per unit throughout the entire supply period, while that from coal will be indexed to coal prices...
According to sources, MSEDCL designed the tender in a way to get equal energy weightage to solar and thermal components. 5,000 MW of solar power equals 1,600 MW of thermal electricity in terms of capacity utilisation factor (CUF)..
The combination ensures that thermal meets the base load and cheaper solar electricity is available to the grid, sources said, adding that bundling renewable and thermal power was to drive efficiencies of scale...
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