Tangedco set to purchase 500 MW of solar power from SECI

Tangedco plans to procure 500 MW of solar power from SECI and has received approval from the Tamil Nadu Electricity Regulatory Commission. The power will be purchased at Rs 2.78 per kWh for the next 25 years and will be used by Tangedco to meet its renewable purchase requirements. As per the MNRE, meeting Tamil Nadu’s solar RPO for 2021-22 will require 9,000 MW of solar power. In November 2019, SECI confirmed the allotment to Tangedco subject to opening of a letter of credit.


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