Gujarat govt bought solar power at Rs 9.13-15 per unit from private players

Despite discovering builders are able to promote solar energy as little as Rs 1.99 according to unit, the Gujarat executive purchased over 6,200 million devices of solar energy at costs ranging between Rs 9.13 and Rs 15 according to unit from non-public energy manufacturers during the last 5 years.

The knowledge, tabled by way of the state executive within the lately concluded price range consultation of the state legislature, presentations that between April 2015 and March 2020, Gujarat purchased solar energy from a complete of 61 non-public gamers underneath the Solar Power Policy, 2009. Of the those non-public entities, 38 offered energy to Gujarat at Rs 15 according to unit, whilst the remainder 23 gamers offered at Rs 9.13 to Rs 13.59 according to unit.

Apart from the 6,200 million devices of solar energy, the state executive purchased an extra 573 million devices of energy from the similar 61 non-public gamers from April to September, 2020, the federal government said in its written respond to an unstarred query posed by way of Congress MLA from Chotta Udepur, Mohansinh Rathwa.

Gujarat executive buys energy from other entities via Gujarat Urja Vikas Nigam Limited (GUVNL).

During this five-year length, the utmost solar energy has been purchased from Adani Power Limited, which offered 328 million devices at Rs 15 according to unit. There used to be a ten.2 according to cent upward push within the quantum of energy purchased from the Adani Group.

The executive purchased greater than 200 million devices of energy at Rs 15 according to unit charge from each and every of the personal entities together with Tata Power Renewable Energy Limited (210 million devices), GMR Gujarat Solar Ltd (200 million devices), Lorox Bio Energy Ltd (208 million devices), Roha Dyechem Pvt Ltd (209 million devices), and Alex Astral Power Pvt Ltd (207 million devices).

Only 14 million devices had been purchased from Texas Infrastructure and Project Pvt Ltd, which offered at Rs 9.13 according to unit — the most cost effective energy some of the 61 gamers.

Experts within the energy sector in Gujarat declare that even though the cost of solar energy has dropped significantly, the federal government has endured to pay the 2010 charges to personal corporations. For example, in an public sale for 500 MW of sun initiatives carried out by way of GUVNL in December 2020, Rs 1.99 according to unit used to be the bottom bid. GUVNL officers mentioned the state executive is paying Rs 15 according to unit as according to the Power Purchase Agreements of 2010-11.

“There are judgments of Supreme Court related to our PPAs that they cannot be reopened. Moreover, in renewables it is largely a one-time investment which companies need to recover,” an reputable of GUVNL mentioned.

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