Chandigarh, Mar 3 (UNI) The Uttar Haryana Bijli Vitran Nigam (UHBVN) today signed an agreement to purchase 6 MW from Bangalore-based Bhoruka Power Corporation Limited (BPCL), for the next 35 years.
The UHBVN had set a target to procure 10 per cent of the total consumption of power from the renewable energy sources upto 2009-10, an official spokesman said today.
The move is taken to ensure compliance of the Haryana Electricity Regulatory Commission (HERC) order to procure upto 3 per cent of total consumption of electricity during the year 2008-09 from the renewable and non-conventional energy sources, he said.
A Power Purchase Agreement was signed by S R Sharma, Chief General Manager, UHBVN and S Chandrashekhar, Managing Director, BPCL in the presence of Power Minister Randeep Singh Surjewala, Financial Commissioner and Principal Secretary (Power) Ashok Lavasa, Managing Director, UHBVN A K Singh and other senior functionaries here today.
Giving details, the spokesman said that the BPCL is setting up a project at Western Yamuna Canal, Dadupur (Yamuna Nagar) where a 4.5 meter natural fall is available. Four units of 1.5 MW each would be functional during June, July, August and September 2009.The upcoming project is environment-friendly with all recommended parameters.
This is the first effort made by the UHBVN to explore availability of electricity from such a renewable energy project.
The Nigam, as per the HERC approved PPA, will purchase electricity at the rate of Rs. 2.80 per unit from the date of commissioning for 12 years and at Rs. 1.70 per unit for the next three years. It was expected that the electricity will be cheaper in future i.e. after 15 years.
The net exportable energy will be 29.67 Million Units per year.
The electricity supply shall be taken at 33 KV Switching Substation by which the Nigam would be saving Rs 80 lac per year on account of wheeling charges besides getting clean energy for distribution to consumers at an economical cost, he added.
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