GE Renewable Energy secures orders from PGCIL GE Renewable Energy has bagged multiple orders from the state-owned Power Grid Corporation of India (PGCIL).

GE Renewable Energy secures orders from PGCIL GE Renewable Energy has bagged multiple orders from the state-owned Power Grid Corporation of India (PGCIL).Reliance Infrastructure promoted power distribution company in Delhi BSES has signed purchase agreement for 510 MW of solar and bundled hybrid power.

Of the total quantum, 300 MW is solar power and 210 MW hybrid power. BSES is the first discom in the country to sign for hybrid power.

Hybrid power is a bundled mix of solar and wind power, wherein one component is at least 33 percent of the contracted capacity.

The solar and hybrid power is expected to be available to BSES discoms in 18 months after signing of the agreement. The discom will purchase solar power at Rs 2.44 per unit and hybrid at Rs 2.48 per unit.

BSES was recently allowed to end its power purchase agreement (PPA) with Dadri thermal power unit of NTPC by the Central Electricity Regulatory Commission (CERC). It is also in the process of cancelling six more thermal power PPAs. The company is planning to replace this capacity with green energy.

BSES operates two discoms in Delhi — BRPL and BYPL which are joint ventures between Reliance Infrastructure and GoNCTD.


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