Kavaratti’s 1st on-grid solar power plant with BESS developed by SECI will save Rs 250 cr

New Delhi: Prime Minister Narendra Modi dedicated to the nation Solar Energy Corporation of India's (SECI) solar power plant at Kavaratti, which is the region's first on-grid solar project with state-of-the-art Battery Energy Storage System (BESS) technology on January 3, said an official statement. Together, these two installations of SECI have a combined solar capacity of 1.7 MW and an advanced 1.4 MWh battery storage facility.

"A matter of monumental stride towards sustainable energy solutions for the archipelago, the solar power plant will help reduce dependency on the diesel-based power generation plant at Kavaratti. The Lakshadweep Energy Development Agency (LEDA) will now harness power from these solar plants, marking a pivotal shift from diesel-based power to a sustainable, eco-friendly energy source for the region," said the statement.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

SECI's solar power plant at Kavaratti to lead to savings of Rs 250 cr

Over the anticipated technical lifespan, the initiative is projected to yield commercial savings of approximately Rs 250 crores. The substantial reduction of diesel consumption by up to 190 lakh litres and the offsetting of 58,000 tonnes of carbon dioxide emissions underscore its profound significance in promoting green energy and fostering a cleaner and more sustainable future for Lakshadweep.

The Engineering, Procurement & Construction (EPC) expertise for the project has been provided by SunSource Energy.

SECI, a Miniratna Category-I Central Public Sector Unit under the administrative control of the Ministry of New and Renewable Energy (MNRE), is engaged in the promotion and development of various renewable energy resources, especially solar and wind energy, renewable energy (RE), based storage systems, trading of power, R&D as well as RE-based products like Green Hydrogen, Green Ammonia and RE-powered electric vehicles.

The company is one of the nodal agencies for implementation of a number of schemes of MNRE.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)