Recently, the two companies signed agreements with Solar Energy Corp of India (SECI) to procure 510 Mw of solar and hybrid power below Rs 2.50 a unit.
The share of green energy in
led BSES’ power portfolio is progressively increasing over-time and will reach over 50% of its long-term power arrangements by FY 23-24, a source in BSES said.
“By FY 23-24, 3300 MW of renewable power will be operationalised by BSES and will power the national capital. Of this, 2291 Mw will be solar, wind and waste-to-energy and around 1000 Mw, hydro. Barring 150 Mw, rest of the power has already been tied-up. Even this 150 MW (of wind-power) will be tied-up soon,” the source said.
By FY 23-24, 36% of BSES’s long-term arrangements will comprise pure play renewable energy and 16%, hydro power, totaling 52%.
At present, around 22% of long-term arrangements of the two discoms comprises green power, which includes renewable power of over 9% (or 365 MW) and about 13% (or 548 MW) hydro.
The green energy component of the companies is dominated by solar power, followed by hydro, wind, hybrid and waste-to-energy.
2020-21* 2021-22** 2022-23** 2023-24**
|Source||MW||% of Total Portfolio||MW||% of Total Portfolio||MW||% of Total Portfolio||MW||% of Total Portfolio|
Break-up by source (MW)