CREDA TO INSTALL GRID-CONNECTED SOLAR PLANTS IN SEVEN LOCATIONS
The Chhattisgarh Renewable Energy Development Agency (CREDA) will be installing Grid Connected Solar Photovoltaic Power Plant in seven locations of the State.
The SPV plants would be would be installed at District Hospital, Bijapur, Bastar, PWD Head office building, Naya Raipur, District Panchayat, BIjapur, Bastar, Power Grid Corporation of India Ltd, at Bharari in Bilaspur, Govt. Digvijay College, Rajnandgaon, Indira Art & Music University, Khairagarh, Rajnandgaon district and CSPSCL Training Institute, Gudhiyari, Raipur, officials informed.
Notably, Chhattisgarh will procure additional power from renewable energy sources to the tune of approximately 700 MW by FY 2018, officials informed.
With this the average power purchase cost for Chhattisgarh State Power Distribution Company Ltd (CSPDCL) based on the above power availability will increase from 2.58 Rs/kWh in FY 2015-16 to 3.12 Rs/kWh in FY 2018, they informed.
The rates have been derived based on cost of power at existing rates and considering no escalation in power purchase cost since it is passing through for the distribution company.