The UP Power Corporation Limited (UPPCL) has entered into an agreement with solar power developers for purchasing 110mw of power. The agreement was entered in the presence of UP chief secretary, Javed Usmani, who said that under the state solar policy the state government will be setting up 500mw of power solar power plants in the state.
The New Energy Development Authority (NEDA) had invited bids for setting up of power plants compositely to the tune of 200mw. The authority had also put in place a competitive bidding process for power tariff from these power plants. Against this, the authority received bids for 130mw. On Friday, the UPPCL signed the agreement for 110mw power.
The solar power plants with which the agreement was signed included, 10mw by Azure Surya Private Limited, 50mw by M/s Essel Infra Project, 20mw by Moser Baer, 10mw by M/s Refex Energy, 10mw by M/s Jackson Power and 10mw to be set up by DK Infracon. All these power plants are proposed to be set up in Bundelkhand region. Usmani said that NEDA would soon invite bids for the rest 370mw.