+
Haryana to get 150 MW of renewable power supply from SECI
POWER & RENEWABLE ENERGY

Haryana to get 150 MW of renewable power supply from SECI

The Haryana Electricity Regulatory Commission (HERC) has permitted Haryana Power Purchase Center (HPPC) to procure 150 MW of renewable energy with a guaranteed peak electricity power supply from the Solar Energy Corporation of India (SECI).

It said that in the absence of the draft power purchase agreement (PPA) between the parties, for any non-supply or curtailment of power during the agreed-upon peak hours, the penalty payable to the Haryana Power Purchase Center should be 100% of the tariff agreed upon by the parties.

The Commission added that the liquidated damages clause for non-supply, curtailed supply during peak hours, or non-commissioning of the project within the stipulated 18 months, will also be enforceable under the power sale agreement (PSA).

HPPC had filed a petition seeking approval for the procurement of 150 MW of renewable power from SECI for 25 years at a levelized tariff of Rs 3.96/kWh with an off-peak tariff of Rs 2.88/kWh and a peak tariff of Rs 6.85/kWh, plus a trading margin of Rs 0.07/kWh.

HPPC pointed out that the tariff offered by SECI was lower than the variable cost of the power sourced from thermal stations and lower than the short-term power procured from other sources.

See also:
Govt’s $10-bn plan to curb emissions
Assam to be wholly free of fossil fuels by 2031, says CM


The Haryana Electricity Regulatory Commission (HERC) has permitted Haryana Power Purchase Center (HPPC) to procure 150 MW of renewable energy with a guaranteed peak electricity power supply from the Solar Energy Corporation of India (SECI). It said that in the absence of the draft power purchase agreement (PPA) between the parties, for any non-supply or curtailment of power during the agreed-upon peak hours, the penalty payable to the Haryana Power Purchase Center should be 100% of the tariff agreed upon by the parties. The Commission added that the liquidated damages clause for non-supply, curtailed supply during peak hours, or non-commissioning of the project within the stipulated 18 months, will also be enforceable under the power sale agreement (PSA). HPPC had filed a petition seeking approval for the procurement of 150 MW of renewable power from SECI for 25 years at a levelized tariff of Rs 3.96/kWh with an off-peak tariff of Rs 2.88/kWh and a peak tariff of Rs 6.85/kWh, plus a trading margin of Rs 0.07/kWh. HPPC pointed out that the tariff offered by SECI was lower than the variable cost of the power sourced from thermal stations and lower than the short-term power procured from other sources.See also: Govt’s $10-bn plan to curb emissionsAssam to be wholly free of fossil fuels by 2031, says CM

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code