Solar Energy Corporation of India Limited (SECI) has signed a power sale agreement with the Grid Corporation of Odisha (GRIDCO), a public sector undertaking of the Odisha government for 400 MW of wind power from projects connected to the inter-state transmission system (ISTS) in Karnataka and Gujarat. The 400 MW is made up of 390 MW of wind power from the ISTS Tranche XII programme and 10 MW of wind power from the ISTS Tranche XI programme. The power will be purchased by GRIDCO at a rate ranging from Rs 2.96 per kWh to Rs 3.01 per kWh. The contracted wind power would assist the state in meeting its renewable power purchase obligations as well as meeting future energy demand.
In January 2023, JSW Renew Energy Five Limited received Letter of Award (LoA) for total 500MW/1,000MWh standalone battery energy storage systems with two projects each of capacities of 250 MW/500 MWh. The LoA has been received from the SECI. The company will be entitled to receive a fixed capacity charge of Rs 1.08 million per MW per month for twelve years. The SECI’s obligation shall be limited to 60 per cent of the project capacity. Remaining 40 per cent of the project capacity is to be managed by JSW Energy Limited.
In the same month, the Andhra Pradesh Energy minister announced that the nine-hour free power scheme has provided farmers with assurance and security. On the occasion of Sankranti which is considered as the farmer’s festival, the minister held a telephonic review with power sector officials on the state’s overall power supply situation, particularly in the agriculture sector.