J&K to buy 200 MW solar power through SECI over the next 25 years

The Jammu and Kashmir (J&K) Administrative Council has approved the purchase of 200 MW solar power through the Solar Energy Corporation of India Limited (SECI) to meet the growing power demand and promote the use of green energy in J&K.

The union territory will purchase renewable energy at a cost of Rs 2.52 per kWh for the next 25 years, which the lowest rate ever offered to J&K. The power department has been given financial approval for Rs 1.10 billion per annum for purchasing the electricity from SECI.The envisaged purchase of additional power will help Jammu Kashmir Power Corporation Limited (JKPCL) to partially meet the renewable purchase obligation (RPO) as fixed by the Ministry of Power (MoP).