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Regulator Allows Odisha’s GRIDCO to Buy 500 MW of Solar from SECI at ₹2.61/kWh

The Commission asked GRIDCO to submit the PSA for approval

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In an important development, the Odisha Electricity Regulatory Commission (OERC) has approved the procurement of 500 MW solar power by GRIDCO from the Solar Energy Corporation of India (SECI). The project is being developed under the interstate transmission system (ISTS)-connected solar projects linked with manufacturing program (Tranche-I). GRIDCO will be buying the power to fulfill its renewable purchase obligation (RPO) targets.

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