CHENNAI: Tangedco is all set to purchase 500MW of solar power at 2.78 per unit from Solar Energy Corporation of India for the next 25 years for the discom to fulfil its renewable (solar) purchase obligation (RPO).
According to the ministry of new and renewable power (MNRE), about 9,000MW of solar power is required for 2021-22 to meet Tamil Nadu’s solar purchase obligation.
“As on January 31, 2020, approximately 4,000MW of solar power capacity has been commissioned in the state and another 5,000 MW of solar power is required within the next two years. Considering the on-going projects, only 250MW capacity can be added for the year 2019-20,” said a senior Tangedco official.
Based on this, the discom sought the permission of Tamil Nadu Electricity Regulatory Commission for purchasing 500MW of solar power from SECI.
“There is a shortfall of solar power obligation even after floating tenders in four phases since 2016 as not many solar power companies came forward to invest in the state,” said the official.