Reliance Calls for Expression of Interest for Obtaining Renewable Power

Reliance Industries Limited (RIL) has announced that it has called for Expression of Interest (EoI) for procurement of renewable energy from Generators, IPPs, DISCOMS, CPPs & Traders having legal Inter/Intra State Trading License issued by CERC or SERC for interstate and/or intrastate trading of energy for meeting its RPO.

The group is considering to acquire 145 MW of renewable power out of which 55 MW is anticipated from solar plants and the balance of 90 MW power from wind and other substitute energy sources. The power that is obtained will be supplied at several plant locations in Gujarat and Maharashtra.

The company is looking to acquire on a short-term basis between April 1, 2019, and March 31, 2019. And around 90 percent of the power is estimated to be supplied to two sites in Gujarat.

The last date for bid submission is March 25, 2019.

According to the EoI document- “Successful bidder will be responsible for getting all the requisite open access permissions as per the latest open access guidelines and will be responsible for day to day scheduling of the energy.”

Business | News published on 13/03/2019 by Moulin

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