Energy Efficiency Services (EESL) has forayed into solar power generation and has firmed up plans to set up 1,500 MW of decentralised solar power plants across the country by the end of FY21.
The government of Maharashtra had given mandate for 800 MW of solar power, of which EESL has already operationalised 100 MW. On the other hand, the Rajasthan government has given EESL the mandate to set up 113 MW of solar distributed generation projects.
In Maharashtra, EESL is supplying electricity at Rs 3.10 per unit to agriculture feeders, with land for the project being provided by the state. In Rajasthan, the company will supply power at Rs 3.90 per unit along with land acquisition cost.
The company, however, will not set up solar capacity of more than 10 MW at one location, the capacity of these solar power plants in each substation ranges from 0.5 MW to 10 MW.
EESL has installed 1.1 million smart meters in New Delhi Municipal Corporation area, Uttar Pradesh, Haryana and Bihar. EESL has set a target of installing 250 million smart meters over the next few years.
