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Daily News Wrap-Up: RUVNL to Procure 490 MW Hybrid Power at ₹4/kWh

Jodhpur DSICOM’s tender for 495 MW solar projects under KUSUM

October 23, 2023

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The Rajasthan Electricity Regulatory Commission has granted approval for Rajasthan Urja Vikas Nigam (RUVNL) to procure 490 MW of hybrid power (combining solar and pumped storage) from the Solar Energy Corporation of India at an average tariff of ₹4 (~$0.048)/kWh. The Commission noted that despite efforts, there have been shortfalls in meeting these renewable purchase obligation targets, particularly the solar obligation. Furthermore, as of the present, there is no operational capacity tied up by Rajasthan DISCOMs to meet their hydropower purchase obligation (HPO). The Commission acknowledged that the availability of solar power is expected to address the shortfall in RUVNL’s solar obligations, while the power from the pumped storage power plant is intended to fulfill the HPO of the DISCOMs.

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