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50% of BSES' power portfolio to turn green by 2024
50% of BSES' power portfolio to turn green by 2024

New Delhi, July 27 (TIWN) Reliance Infrastructure-led BSES, which has been championing the cause of sustainability, is set to turn around 50 per cent or 3,300 MW of its power portfolio green by 2024, sources said.

Green portfolio of BSES, comprising pure play renewable energy and hydro power, will make it one of the greenest discoms in the country.  Strengthening its green drive, recently, Reliance Infrastructure-led BSES signed agreements with SECI to procure 510 MW of solar and hybrid power at less than Rs 2.50/unit. In fact, BSES became the first discom in Delhi and among only a handful in the country to procure hybrid power.  The share of green energy in BSES’ power portfolio is progressively increasing over-time and will reach over 50 per cent of its long-term power arrangements by FY 23-24, said discom sources.  By FY 23-24, it is expected that 3,300 MW of ‘green’ power will be operationalised by BSES and will power the national capital. Of this, 2291 MW will be pure play renewable, comprising of solar, wind and waste to energy and around 1000 MW, hydro. In fact, barring 150 MW, rest of the ‘green’ power has already been tied up. Even this 150 MW (of wind power) will be tied up soon.  Translated into percentage terms, by FY 23-24, 36 per cent of BSES’s long-term arrangements will comprise pure play renewable energy and 16 per cent, hydro power, totalling 52 per cent.

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