SECI signs PPAs for five projects at Bhadla solar park

SECI has signed PPAs for five solar power projects aggregating 750 MW. The PPAs have been signed with ACME (200 MW at Rs 2.44 per kWh), SBG Cleantech (300 MW at Rs 2.45 per kWh and 100 MW at Rs 2.63 per kWh), the Phelan Energy Group (50 MW at Rs 2.62 per kWh) and Avaada Power Private Limited (100 MW at Rs 2.62 per kWh). The developers have 12 months for project completion and their capacity is expected to be added to the grid by September 2018.