The Maharashtra State Electricity Distribution Company, the prime power utility, is ready to ink power buying agreements with wind developers in the state after a hiatus of three years.
The president of the Wind Independent Power Producers Association said in an official statement that they have received an assurance from the discom about the immediate roll out of the PPAs of wind projects.
He added that the discom will proceed in chronological order and with PPAs of those developers whose commissioned projects have been waiting to see the light of the day for a long time.
Over the past three years, wind development capacity has been piling up in the state of Maharashtra, as MSEDCL has been reluctant to buy power from the producers at a high price. As per reports, more than 450 MW of installed wind turbines build with a mammoth cost of Rs 3000 crore remained unused due to the reluctance of MSEDCL.