Latest NewsNews SnippetsPower

GRIDCO Signs Agreement with SECI to Purchase 600 MW Wind Power

Grid Corporation of Odisha (GRIDCO) has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) on 9th June 2023 for purchasing 600 MW of wind power from the latter.

Generation capacity against the aforementioned PPA will be developed under SECI’s tranche XIII of Inter-State Transmission System (ISTS) connected wind power projects scheme, and will be developed within a period of 24 months from the date of signing PPA. As per a PIB release by the Ministry of New and Renewable Energy (MNRE) dated 9th June 2023, developers located in Karnataka, Gujarat, and Maharashtra are most likely to develop the aforementioned capacity.

Earlier in May 2023, SECI had signed a PPA with JSW Renew Energy Three Ltd. for 300 MW wind projects.