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Torrent power invites EOI from Renewable Energy developers to meet Renewable Purchase Obligations

The Electricity Act, 2003, mandates the State Electricity Regulatory Commissions to promote cogeneration and generation from renewable energy sources by providing suitable measures for connectivity with the grid, and also to specify for purchase of electricity from such sources, a percentage of the total consumption of electricity in the area of a distribution licensee.

 The Gujarat Electricity Regulatory Commission was one of the first state regulators to pass the regulation for promoting the sale of power from renewable energy sources to any person and for procurement of energy from renewable sources by distribution licensee within the State of Gujarat.

The defined minimum percentages are given below:

Gujarat Electricity Regulatory Commission- Renewable Purchase Obligation (http://panchabuta.wordpress.com)

As Panchabuta had mentioned in June last year, Torrent Power India (TPL) has become the first power generator to invite Expression of Interest to supply Renewable Energy.

The company has a current generation capacity of 1647.5 MW and hence requires about 82MW equivalent of generated renewable energy capacity. The company distributes over 10 billion units per annum in the cities of Ahmedabad, Bhiwandi, Gandhinagar, Surat and Agra.

The company has once again announced that it intends to purchase power generated from renewable energy sources like Wind, Biomass, Bagasse, Mini / Micro Hydel, MSW etc. in the state of Gujarat on a long term basis to meet its Renewable Power Purchase Obligation. TPL invites interested parties to submit their Expression of Interest (EoI), with the details pertaining to the project. Detailed information for download available here.

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