Tata Power Delhi Distribution Limited (TPDDL) has entered into a 20-year power purchase agreement (PPA) with renewable energy development company SunEdison to buy 180MW of solar power for Delhi.
SunEdison highlighted that the latest agreement is the largest under the open access solar framework, which will facilitate the company to sell energy directly to end customers through the national grid.
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TPDDL is the largest electricity distribution utility in the Indian capital and it provides power to 6 million people across the city.
SunEdison will build solar power plants for the project in the Indian state of Madhya Pradesh, which is likely to generate 375,000 megawatt-hours of power per year.
The power generated is also expected to help in reducing 300,000 tons of carbon dioxide emission per year.
SunEdison Asia-Pacific and Sub-Saharan Africa president Pashupathy Gopalan said: "This 180 MW of solar power demonstrates that good things happen when you bring two of India’s largest energy brands together.
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By GlobalData"The people of New Delhi will benefit from clean, reliable and affordable energy as a result of this project. This project makes a direct and powerful contribution towards India’s goal of generating 100GW of solar power by 2022."
As per the PPA, SunEdison Services will be responsible for the operation and maintenance of the solar power plants and it will provide 24/7 asset management, monitoring and reporting services.
