Friday, 5 May 2017

PTC India signs agreements with state discoms for wind power

PTC India Limited, a power trading company, on Thursday signed Memorandums of Agreement (MoAs) with discoms of six states for the sale of 1,000 megawatt wind power under the Ministry of New and Renewable Energys (MNRE) first wind auction scheme. The agreements with discoms of Uttar Pradesh, Bihar, Jharkhand, Delhi, Odisha and Assam were signed during a two-day conference of ministers of power, new and renewable energy and mines of different states and union territories.

"As per the MoAs, discoms of UP will buy 449.9 MW, Bihar 200 MW, Jharkhand 200 MW, Delhi 100 MW, Assam 50 MW and Odisha 50 MW of wind power for meeting their non-solar renewable purchase obligation (RPO)," a government statement said. The Letter of Award (LoA) to the successful wind power developers under the first wind auction scheme have been issued by the Solar Energy Corporation of India (SECI) on April 5 and the projects are to be commissioned within 18 months from the date of issue of LoA.

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