The 20-year power-purchase agreement is the largest SunEdison has signed under the open-access solar framework, which enables clean energy providers to sell electricity directly via the national grid to customers.
As part of the deal, SunEdison will develop several solar power plants in the state of Madhya Pradesh to deliver energy for the people of New Delhi.
SunEdison Services will operate and maintain the solar plants, which will generate 375,000 MWh of energy per year and help in reducing about 300,000 tons of carbon dioxide emissions.
TPDDL CEO and managing director Praveer Sinha said: "Renewable energy is a big focus for TPDDL, and signing this power purchase agreement with SunEdison highlights our commitment.
TPDDL is a joint venture between Tata Power and the Government of National Capital Territory (NCT) of Delhi. It supplies power to more than six million people.
SunEdison Asia-Pacific and Sub-Saharan Africa president Pashupathy Gopalan said: "The people of New Delhi will benefit from clean, reliable and affordable energy as a result of this project.
"This project makes a direct and powerful contribution towards India’s goal of generating 100 gigawatts of solar power by 2022."
US-based SunEdison is expanding its presence in India. Earlier this year, the company partnered with Adani Enterprises to invest about $4bn in building a solar panel manufacturing facility in Gujarat, India.
SunEdison has also won five solar PV projects, totaling 150MW, from Karnataka Renewable Energy Development Limited.
Image: SunEdison will develop several solar power plants in the state of Madhya Pradesh. Photo: courtesy of Naypong/ FreeDigitalPhotos.net.
