BEST to procure 400 MW power from SECI at Rs 2.41 per kWh

Brihanmumbai Electric Supply and Transport (BEST) has obtained approval of the Maharashtra Electricity Regulatory Commission (MERC) to procure 400 MW wind-solar hybrid power from Solar Energy Corporation of India (SECI).

According to the power sale agreement (PSA), the power will be procured at a tariff of Rs 2.41 per kWh with a trading margin of Rs 0.07 per kWh for 25 years.