 "In six of seven instances, the auditor said the deposits or withdrawals made override the accounting standards")
Reliance Infrastructure promoted power distribution company in Delhi BSES Limited signed purchase agreement for 510 Mw of solar and bundled hybrid power. Of the total quantum, 300 Mw is solar power and 210 Mw hybrid power. BSES is the first discom in the country to sign for hybrid power.
Hybrid power is a bundled mix of solar and wind power, wherein one component is at least 33 per cent of the contracted capacity.
The company saod in a public statement that the solar and hybrid power is expected to be available to BSES discoms in 18 months after signing of the agreement.
