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Power Sale Agreement Between SECI and GRIDCO for 270 MW of Solar Approved

GRIDCO asked for tariff reduction by claiming liquidated damages for the delay in commissioning the projects

November 3, 2021

/ Harsh Shukla
/ Markets & Policy, Solar
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The Odisha Electricity Regulatory Commission (OERC) has approved the power sale agreement (PSA) executed between the Solar Energy Corporation of India (SECI) and Grid Corporation of Odisha (GRIDCO). The PSA is for GRIDCO to procure power from a 270 MW solar project to fulfill its renewable purchase obligations (RPOs).

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Harsh Shukla

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GRIDCOliquidated damagesOERCOrderPPAPSASECISolar
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