Delhi Metro signs MoU with Solar Energy Corporation of India

New Delhi, Dec.21 (ANI): The Delhi Metro Rail Corporation (DMRC) and the Solar Energy Corporation of India (SECI) will now jointly collaborate on taking up an ‘off site’ solar power project, to maximise the use of renewable energy, mitigate the impact of regular increase in grid tariffs and to reduce the carbon footprint.

A fresh Memorandum of Understanding (MoU) with this objective was signed today in the presence of DMRC’s Managing Director, Dr. Mangu Singh and other senior officials from DMRC and SECI.

DMRC intends to take 1,000 MU annually from “offsite” renewable sources, through a one stop solution. As per the MoU, both the organisations shall collaborate for sourcing additional requirement of power by DMRC from other developers /generators not on DMRC sites within NCR region.

In the initial phase, 500 MWp capacity of ground mounted solar power projects within a duration of three years is targeted. Both DMRC and SECI shall jointly develop an ‘Action Plan’ to source solar power on mutually agreed terms and conditions, from sources other than solar power generated on DMRC sites.

The whole process of tendering and conducting bidding process / e-auction shall be conducted by SECI. DMRC shall enter into Power Purchase Agreement (PPA) with Developer as may be decided by DMRC out of the names selected and forwarded after the whole tendering process by SECI.

In order to carry out the above mentioned ambitious project, DMRC and SECI will constitute a Joint Development Team (JDT) which will consist of senior officials from both the organisations. The Joint Development Team shall decide the ACTION PLAN in achieving the objective of DMRC in the best manner possible through collaboration with SECI.

As per the MoU, both the companies have also decided to extend the understanding incorporated in an earlier MoU dated 17th Sep 2013 and further collaborate for the development of Solar PV Projects (ground mounted, rooftop and other possible modes) at identified DMRC sites.(ANI)

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