News Brief | November 2016
Chhattisgarh to procure 700 MW renewable energy by 2018
Officials in Chhattisgarh have informed that the city will procure additional renewable power of around 700 MW by 2018. Based off this, the average power purchase cost for Chhattisgarh State Power Distribution Company Ltd (CSPDCL) also considering availability, will increase from 2.58 /kWh in FY 2015-16 to 3.12 `/kWh in FY 2018, they further informed. The rates have been derived based on cost of power at existing rates and considering no escalation in power purchase cost since it is passing through for the distribution company.