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CERC Approves Tariff for 2 GW of ISTS Solar Projects

The Commission asked NHPC to remove the 'Change in Law' compensation clause from the PPAs

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The Central Electricity Regulatory Commission (CERC), in a recent order, has adopted tariffs of ₹2.55 (~$0.034)/kWh and ₹2.56 (~$0.035)/kWh through competitive bidding by NHPC for 2 GW solar projects. The charges would remain valid throughout the period covered in the power purchase agreements (PPAs) and the power sale agreement (PSAs).

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