_______________________________________________________________________
BYPL signs 1st
renewable energy PPA
to buy power from
- BYPL to purchase 49% of 10 MW power generated from the Ghazipur
MSW power plant
- 25 year PPA signed with East Delhi Waste Processing Company
Limited on October 29, 09
- Power will be procured at the DERC approved tariff of Rs 3.668 per
KWh
- Around 1200 tonnes of Municipal Solid Waste (MSW) will be
processed daily
- Power Plant is expected to be commissioned around the Commonwealth
Games
- DIAL- SELCO consortium constructing the power plant
- Gas generated from a 10 MW MSW power plant yields reduction in
greenhouse gases equal to planting 1.19 lakh trees or removing 83,000 cars
for a year
- Power plant to power around 4000 middle class homes
- To earn Carbon Credits for MCD and Promoters
In another significant testimonial for its continued commitment
and concern for energy conservation and climate change, BSES Yamuna Power
Limited (BYPL) has signed a 25 year Power Purchase Agreement (PPA) with East
Delhi Waste Processing Company Limited (EDWPCL) to buy electricity from
“Under the terms of the agreement, BYPL will procure 49%
of the 10 MW electricity that will be generated by the under construction
Ghazipur ‘renewable’ energy power plant. BYPL will procure power at a
competitive tariff rate of Rs 3.668 per KWh, determined by a competitive
bidding process”, said Shri Ramesh Narayanan, CEO, BYPL. The agreement allows
the promoters to sell the balance 51% electricity through a suitable open
access mechanism.
Earlier the project was awarded to the DIAL – SELCO
consortium. The power plant processing around 1200 tonnes of municipal solid
waste generated in the National Capital daily, is expected to be commissioned around
the Commonwealth Games.
“Being pro-environment is the focus of all our
corporate social responsibility initiatives. BSES not only champions the
environment cause, we actually walk the talk. Our participation in this
renewable power initiative is the latest in a series of such initiatives”, added
Shri Narayanan.
The power plant at Ghazipur will be the second such project
in the National Capital that will utilise the city’s solid waste to generate
clean and renewable electricity. The other project is coming up at Okhla.
Together the two projects will generate 26 MW of electricity by cumulatively
processing around 2600 tonnes of solid waste daily. These ‘City waste to power’
initiatives will also earn Carbon Credits for MCD and Promoters.
“These novel projects offer an integrated opportunity
to not only manage the city’s colossal municipal solid waste in an environment
friendly manner, but also provides clean, green and pollution free
electricity”, said a BYPL spokesperson.
According to experts, the amount of gas generated from
a 10 MW municipal solid waste power plant yields the same reduction in
greenhouse gases as planting around 1.19 lakh trees or removing 83,000 cars
from the road for a year.
The power generated from the Ghazipur ‘renewable’
energy power plant is expected to power around 4000 middle class homes, each
having a load of 2.5 KW.
According to a BYPL spokesperson, “Commissioning of
these two projects will see
BSES, Delhi’s premier power distribution
company, is committed to ensuring quality and reliable electricity supply to
all its consumers.
For further information please contact:
|
Prashant Dua |
Chandra P Kamat |
|
Corporate
Communications |
Corporate Communications |
|
39999870 /
9312007822 |
39999642/9350130304 |