+
UPERC approves UPPCL's 450 MW wind power purchase
POWER & RENEWABLE ENERGY

UPERC approves UPPCL's 450 MW wind power purchase

In accordance with its renewable power obligation to progressively increase the supply of renewable energy to consumers in the state, reaching 21,500 MW by 2031-32, UP Power Corporation (UPPCL) has decided to procure 450 MW of wind energy from the Solar Energy Corporation of India (SECI) on a long-term basis.

The commission announced in its order on May 24 that it approved the power procurement of 450 MW wind power at the specified tariff, along with a trading margin of Rs. 0.07/kWh in accordance with CERC Trading License Regulations.

Under the agreement, UPPCL will purchase wind power at Rs 2.69 per unit from ReNew Naveen Urja, Green Infra Wind Energy, and Anupavan Renewable, and at Rs 2.70 per unit from Adani Renewable Energy.

It should be noted that the Union Ministry of Power (MoP) has raised the renewable power obligation (RPO) for discoms from 15% in 2023-24 to 29.91% in 2024-25. This implies that renewable power must constitute 29.91% of the total power that UPPCL will provide to consumers.

The ministry, through its notification dated February 1, 2024, also mentioned that an additional penalty of Rs 3.72 per unit will be imposed for any shortfall in meeting the renewable energy consumption standards.

The RPO estimates by UPPCL, as stated by UPERC in its order, indicate a significant deficiency in wind and other RPO categories such as solar and hydro.

According to its plan, UPPCL must secure 21,500 MW of renewable power by 2031-32 to fulfill its RPO obligations. This comprises 8,500 MW of solar power, and 6,500 MW each of wind and hydro power.

In accordance with its renewable power obligation to progressively increase the supply of renewable energy to consumers in the state, reaching 21,500 MW by 2031-32, UP Power Corporation (UPPCL) has decided to procure 450 MW of wind energy from the Solar Energy Corporation of India (SECI) on a long-term basis. The commission announced in its order on May 24 that it approved the power procurement of 450 MW wind power at the specified tariff, along with a trading margin of Rs. 0.07/kWh in accordance with CERC Trading License Regulations. Under the agreement, UPPCL will purchase wind power at Rs 2.69 per unit from ReNew Naveen Urja, Green Infra Wind Energy, and Anupavan Renewable, and at Rs 2.70 per unit from Adani Renewable Energy. It should be noted that the Union Ministry of Power (MoP) has raised the renewable power obligation (RPO) for discoms from 15% in 2023-24 to 29.91% in 2024-25. This implies that renewable power must constitute 29.91% of the total power that UPPCL will provide to consumers. The ministry, through its notification dated February 1, 2024, also mentioned that an additional penalty of Rs 3.72 per unit will be imposed for any shortfall in meeting the renewable energy consumption standards. The RPO estimates by UPPCL, as stated by UPERC in its order, indicate a significant deficiency in wind and other RPO categories such as solar and hydro. According to its plan, UPPCL must secure 21,500 MW of renewable power by 2031-32 to fulfill its RPO obligations. This comprises 8,500 MW of solar power, and 6,500 MW each of wind and hydro power.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code