EDF Renewables and its partner SITAC Group have signed a long-term power purchase agreement to cover the output of a 300MW wind project in India.
EDF stated that the PPA is a result of a competitive tender process launched by the Indian government under the 5th tender process of the Solar Energy Corporation of India (SECI), a company of India’s Ministry of New and Renewable energy, dedicated to renewable energy development. The award was granted in September 2018.
Energy generated from the wind farms will be sold under a 25 year long-term PPA to SECI. The output will be equivalent to fulfill the annual electricity requirements of a more than 1.3 million people in the country.
SITAC Management & Development, a joint venture company of EDF Renewables in India and the SITAC Group is responsible for the development, construction, financing and asset management of the 300MW project. Construction of the wind farm will begin this year.
EDF Renewables chairman and CEO and EDF renewable energy division executive director Bruno Bensasson said: “This new 300 MW wind project, successfully secured through our partnership with SITAC, contributes to EDF’s CAP 2030 strategy, which aims to double worldwide renewable capacity to over 50 GW net between 2015 and 2030.
“With about 800 MW of wind and solar gross capacity in development, construction or operation in India, EDF Renewables is delighted to participate to the Government’s ambitious goals in tackling climate change.”
SITAC Group founder and chairman Malvinder Singh said “With this award we significantly increase our foot print in the Indian renewable energy market to 600 MW of operational and awarded wind power. We are making a significant contribution to establishing a clean energy supply in India and to creating jobs and value for our employees and local partners.”
In January, a consortium of EDF Renewables and Abu Dhabi Future Energy Company (Masdar) was chosen by the Renewable Energy Project Development Office (REPDO) to build the 400MW Dumat Al Jandal wind farm in Saudi Arabia.
The power generated from the wind farm will be sold to Saudi Power Procurement Company, a subsidiary of SEC (Saudi Electricity Company), under a 20-year power purchase agreement (PPA).