Going for an open-access power purchase to reduce the increasing expenditure on electricity for civic facilities, the Pune Municipal Corporation (PMC) has decided to purchase renewable power at a rate of Rs 3.40 per kilowatt hour (kWh) and save at least Rs 2.35 crore every month.
The PMC standing committee has approved the civic administration’s proposal to sign a Power Purchase Agreement (PPA) with the state government-owned Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) for the purpose.
The PMC has to pay around Rs 300 crore every year to meet the power supply needs of civic facilities. It has made a budgetary provision of Rs 293 crore for paying power charges in 2022-23.
