KSEB to Acquire 500 MW Solar Power from SECI by 2026
Kerala State Electricity Board has signed a 25-year agreement with SECI for 500 MW of solar power at INR 3.49 per unit, starting September 2026. KSEB also plans 300 MW of wind energy.
September 13, 2024. By EI News Network
The agreement was signed by SECI General Manager (Commercial) A K Naik and KSEB Chief Engineer (Commercial) G Sajeev, in the presence of Kerala's Electricity Minister K Krishnankutty. The contract is a strategic move by KSEB to address the rising costs associated with purchasing power from external sources, which currently amounts to INR 13,000 crore annually. By securing cheaper solar energy, KSEB aims to reduce this expenditure by at least 10 percent. The solar power will be utilised during peak hours, particularly after 6 pm, with battery storage systems supporting the grid during high-demand periods.
In addition to this solar initiative, KSEB is also focusing on 10,000 MW of generation by 2030, whch includes 300 MW of electricity from wind power across various locations including Ramakkalmedu, Attappadi, Manmuttimedu, Pappanpara, and Kanjikode.
please contact: contact@energetica-india.net.
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