Daily News Wrap-Up: State of Solar PV Manufacturing in India
India’s solar photovoltaic (PV) module manufacturing capacity exceeded 39 GW at the end of September 2022 and is expected to reach ~95 GW by the end of the calendar year ...
Odisha Regulator Sets Tariff of ₹7.25/kWh for 25 MW Solar Project
Odisha Electricity Regulatory Commission (OERC) has approved the power purchase agreement (PPA) executed between Grid Corporation of Odisha (GRIDCO) and ACME Odisha Solar Power to procure power from a 25 ...
Regulator Allows Buying Wind Energy from Projects with Expired Agreements
Maharashtra Electricity Regulatory Commission (MERC) has allowed Maharashtra State Electricity Distribution Company (MSEDCL) to procure 18.36 MW wind power at ₹2.65 (~$0.032)/kWh for 12 years from wind generators with expired ...
Central Regulator Approves Peak Tariffs for Inter-State Renewable Projects
The Central Electricity Regulatory Commission (CERC) recently adopted the off-peak power tariff of ₹2.88 (~$0.035)/kWh for 1,200 MW of interstate transmission system (ISTS)-connected renewable energy projects (ISTS VII) with assured ...
Regulator Approves Solar Developer’s Plea to Amend Effective PPA Date
Maharashtra Electricity Regulatory Commission (MERC) has approved the change in the effective power purchase agreement (PPA) date between ACME Sikar Solar (ASSPL) and the power procurer Maharashtra State Electricity Distribution ...
![Five Lowest Solar Tariffs in 2022 [Infographics]](https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/12/Five-Lowest-Solar-Tariffs-in-2022-Infographics.jpg)
Five Lowest Solar Tariffs in 2022 [Infographics]
Auction activity was robust in 2022, with 111.48 GW of solar capacity projects going under the hammer in 274 auctions. The lowest tariff discovered in 2022 was ₹2.29 (~$0.028)/kWh, an ...
Gujarat Approves Lowest Tariff of ₹2.84/kWh for 500 MW of Wind Projects
The Gujarat Electricity Regulatory Commission (GERC) has approved the tariffs discovered in the competitive bidding process conducted by the Gujarat Urja Vikas Nigam (GUVNL) to procure 500 MW of power ...
Maharashtra Commission Allows BEST to Procure 234 MW of Solar Power
The Maharashtra Electricity Regulatory Commission (MERC) has approved the procurement of 234 MW of solar power by Brihanmumbai Electric Supply and Transport Undertaking (BEST) from Solar Energy Corporation of India ...
Tata Power Renewable Energy Wins 255 MW Wind-Solar Hybrid Auction
Tata Power Renewable Energy (TPREL) was declared the winner in Tata Power Delhi Distribution’s (TPDDL) auction for 255 MW wind-solar hybrid power projects. The company has quoted a price of ...
APTEL Rules in Favor of Solar Developers, Strikes Down Reduction of Tariff
The Appellate Tribunal for Electricity (APTEL) ruled in favor of solar developers who were successful bidders in the tender issued by the Uttar Pradesh New and Renewable Energy Development Agency ...
CERC Announces Levelized Tariffs for Small Hydro, Biomass and Biogas Projects for FY23
The Central Electricity Regulatory Commission (CERC) has issued levelized generic tariffs for renewables for the financial year (FY) 2022-23. The control period of the tariff will be from July 1, ...
Tariff for an 8 MW Wind Project in Kerala Reduced to ₹4.70/kWh, Due to Higher CUF
Kerala State Electricity Regulatory Commission (KSERC) has allowed Kerala State Electricity Board's (KSEB) petition to revise the generic tariff of an 8.4 MW wind project in Palakkad to ₹4.70 (~$0.057)/kWh ...
Madhya Pradesh Regulator Sets Tariff of ₹5.07/kWh for Biomass-based Power
The Madhya Pradesh Electricity Regulatory Commission (MPERC) has approved a tariff of ₹5.07 (0.063)/kWh for distribution companies (DISCOMs) to procure power generated from biomass-based projects in Madhya Pradesh. The Commission ...
APTEL Asks Regulator to Revisit Cross-Subsidy Surcharge for Open Access Power Projects
The Appellate Tribunal for Electricity (APTEL) recently ruled that the state regulatory commission should revisit the subject of cross-subsidy surcharge on open access projects in Rajasthan as and when it ...
Tamil Nadu Issues Multi-Year Electricity Tariff Order, Introduces a Green Tariff of 10%
Retail electricity tariffs for high tension (HT) consumers have gone up by 6% to 18% in the recently announced order by the Tamil Nadu Electricity Regulatory Commission (TNERC) for the ...
Rajasthan Commission Approves Safeguard Duty, GST, and BCD as ‘Change in Law’ Events
The Rajasthan Electricity Regulatory Commission (RERC) recently ruled that the change in rates of safeguard duty, basic customs duty (BCD) on inverters, levy of BCD on the import of solar ...
MSEDCL Invites Bids to Procure of 250 MW of Renewable Power with Energy Storage
Maharashtra State Electricity Distribution Company (MSEDCL) has invited bids to procure 250 MW of flexible and schedulable power from grid-connected renewable energy projects with an energy storage facility on a ...
Tariff Regulations Issued for Renewable Projects Selling Power to Chhattisgarh DISCOMs
Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued regulations specifying the terms and conditions of tariffs for renewable energy projects to sell power to distribution licensees (DISCOMs) in the state ...
Uttar Pradesh Regulator Approves Tariff of ₹2.98/kWh to Procure 125 MW of Solar Power
The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently adopted the tariff of ₹2.98 (~$0.037)/kWh to procure 125 MW of solar power from grid-connected projects to be installed under the 'Solar ...
Bids Invited to Develop 100 MW of Open Access Solar Projects For Karnataka Milk Unions
Karnataka Cooperative Milk Producers’ Federation (KMF) has invited bids for installing and commissioning 100 MW of solar power projects under the group captive model for KMF and its other member ...
Reduced Tariff of ₹2.56/kWh Approved for 300 MW of Wind-Solar Hybrid Projects
The Maharashtra Electricity Regulatory Commission (MERC) recently approved the voluntarily offered tariff of ₹2.56 (~$0.032)/kWh for the supply of 300 MW of wind-solar hybrid power by TP Saurya, a subsidiary ...
Damodar Valley Corporation to Procure 100 MW Solar Power at ₹2.45/kWh
The West Bengal Electricity Regulatory Commission (WBERC) recently approved the power usage agreement (PUA) signed between the Damodar Valley Corporation (DVC) and NTPC Renewable Energy for the procurement of 100 MW ...
Kerala Approves Reduced Tariff of ₹2.77/kWh to Procure 90 MW of Solar Power
The Kerala State Electricity Regulatory Commission (KSERC) recently allowed the Kerala State Electricity Board (KSEB) to procure 90 MW of solar power for 25 years from NTPC at a reduced ...
Uttarakhand Approves Generic Tariff & Benchmark Cost for Solar Projects
Uttarakhand Electricity Regulatory Commission (UERC) has announced the generic tariff for solar, solar thermal, and grid-interactive rooftop and small solar projects to be commissioned in FY 2022-23. The Commission approved ...
MSEDCL Tenders 1,250 MW of Solar Projects, Receives Bids for 385 MW
The Maharashtra Electricity Regulatory Commission (MERC) recently approved the procurement of 385.3 MW of solar power under the 'Mukhyamantri Saur Krishi Vahini Yojana' and allowed the Maharashtra State Electricity Distribution ...
