PSEB signs power purchase pact with BPCL
Tribune News Service

Patiala, September 17
Punjab State Electricity Board (PSEB) chairman Harinder Singh Brar today informed that with a view to encourage more and more developers of power plants from renewable energy sources, the Board has signed another Power Purchase Agreement (PPA) with M/s Bharat Petroleum Corporation Limited (BPCL), Mumbai, for purchase of power from 1 MW solar photovoltaic power project being set up in Lalru village.

The PPA has been signed by member (generation) GS Sra on behalf of the PSEB and territory manager, LPG, Lalru, Rajiv Sharma on behalf of Bharat Petroleum Corporation Limited in the presence of chief engineer (hydel projects) VK Singal and director, investment promotion cell of the PSEB, Arun Gupta.

He said the project had been allocated by Punjab Energy Development Agency (PEDA) on August 6, 2008 and implementation agreement had been signed with the PEDA on March 2, 2009, for which the expected month of commissioning of the project has been March, 2010.

Brar said this is the third solar photovoltaic power plant being set up in the state. Earlier, power purchase agreement (PPA) was signed with M/s Azure Power for the setting up of 2 MW solar photovoltaic power plant in Ajnala, which has been likely to be commissioned in November this year. Another solar photovoltaic power plant of 200-KW capacity has already been commissioned in Khatkar Kalan, he added.