Anil Ambani’s power discoms to buy 700 MW of green power

Industry:    2016-01-07

NEW DELHI: Delhi electricity distribution companies BSES Yamuna Power Ltd and BSES Rajdhani Power Ltd will buy 700 MW of renewable power through an online reverse auction. The power distribution companies plan to procure renewable power at under Rs 5 per unit and expect to reduce their cost by Rs 200 crore to meet their renewable purchase obligations. “This will open a new avenue of procuring power at competitive rates from renewable sources,” a BSES spokesperson said. “The whole proc .. Read more at: http://economictimes.indiatimes.com/articleshow/50476207.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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