Tamil Nadu plan to procure 500MW solar electricity from SECI

The Tamil Nadu Electricity Regulatory Commission (TNERC) has gone ahead with the procurement of 500 MW solar electricity plan from the Solar Energy Corporation of India (SECI). Both parties have agreed to pay ₹2.78/kWh for the procurement which will also help meet Tamil Nadu Generation and Distribution Corporation Limited’s (TANGEDCO) solar renewable purchase obligation (RPO).

The Ministry of New and Renewable Energy (MNRE) recently came forward to state that Tamil Nadu needs 9 GW of solar electricity to meet its solar purchase obligation in FY 2021-22. Tamil Nadu has already installed 3.6 GW generating solar PV systems as of Q1 2020. However, reports suggest that Tamil Nadu still lag by 5 GW of solar power in the target set by the MNRE to achieve in the next two years.