SECI to Supply 600 MW Wind Power to GRIDCO under Power Sale Agreement
The aggregate capacity of 600 MW is likely to be installed by developers based in Gujarat, Karnataka and Maharashtra. Till date, SECI has awarded Renewable Energy project capacity of over 58 GW.
June 12, 2023. By Anurima Mondal
The agreement between SECI and GRIDCO was signed in Bhubaneshwar in the presence of N.B. Dhal, Additional Chief Secretary, Department of Energy, Government of Odisha.
Odisha Electricity Regulatory Commission has already given in-principle approval for procurement of 600 MW wind power by GRIDCO. Power is scheduled to be commissioned within 24 months from the date of signing the Power Purchase Agreement (PPA) with Project Developers.
The aggregate capacity of 600 MW is likely to be installed by developers based in Gujarat, Karnataka and Maharashtra.
Till date, SECI has awarded Renewable Energy project capacity of over 58 GW. SECI is also active in setting up of projects through its own investments as well as for other public sector entitites as a Project Management Consultant (PMC). SECI enjoys an ICRA credit rating of AAA.
GRIDCO Limited is presently engaged in bulk purchase and bulk sale of power to the four Distribution Companies inside the State of Odisha and trading of surplus power through traders to promote exchange of power with neighbouring States in the country.
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