DISCOM to purchase 1,070 MW of wind-solar hybrid electricity in Gujarat

The petition of distribution licensee MPSEZ Utilities (MUL) to purchase 1,070 MW of ISTS-connected wind-solar hybrid power from Solar Energy Corporation of India (SECI) at a tariff of 2.60 ($0.031)/kWh, including a trading margin of 0.07 ($0.00085)/kWh for 25 years, has been approved by the Gujarat Electricity Regulatory Commission (GERC). Power distribution business MPSEZ Utilities, which provides electricity to residents of the state's Mundra region, has submitted a petition in order to get the power supply agreement (PSA) signed with SECI approved. The petitioner anticipates a sharp rise in demand from current and potential customers. For the first half of the fiscal year 2023–2024, MUL predicted demand. The highest demand is anticipated to be 447 MVA in the first half of 2023–24 and 701 MVA in the second. The highest demand for the fiscal year 2024–2025 is anticipated to be 1090 MVA in the first half and 2830 MVA in the second. In the first half of the fiscal year 2025–26, the maximum anticipated demand is 2887 MVA, and in the second half, it is 2891 MVA. Also read: Ahmednagar to soon have its first solar agri-feeder SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project