KSEB to Procure 300 MW of Renewable Power Under SECI Scheme
What happened
The Kerala State Electricity Board (KSEB) has secured plans to procure 300 megawatts (MW) of power for 25 years under the Firm and Dispatchable Renewable Energy (FDRE-IX) scheme of the Solar Energy Corporation of India (SECI). This procurement is intended to address peak demand and is expected to begin in 2028, meaning it will not alleviate the current power crisis.
From thehindu.com
Why it matters
The procurement is structured through the SECI as the intermediary procurer, with power supplied by ACME Solar Holdings Ltd. The agreed tariff is ₹6.07 per unit, comprising ₹6 plus a ₹0.07 SECI trading margin. The draft power sale agreement is currently awaiting approval from the Kerala State Electricity Regulatory Commission.
From thehindu.com
Who's involved
- Kerala State Electricity BoardIndian Public Sector Company procuring long-term renewable energy supply
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The entities involved
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Kerala State Electricity Board
Indian Public Sector Company for electricity generation, transmission and distribution
Related events
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