APTEL Asks Andhra DISCOMs to Pay ₹2.72/kWh to Winners in the NTPC Solar Auction
Tribunal directs state DISCOMs to pay the tariff of ₹2.72/ kWh
March 5, 2020
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In another interesting turn of events in Andhra Pradesh’s renewable energy space, the Appellate Tribunal for Electricity (APTEL) has directed the state distribution companies (DISCOMs) to pay a tariff of ₹2.72 (~$0.04)/kWh along with a trading margin of ₹0.07 (~$0.001)/kWh to Sprng Energy, Ayana Renewable Power, and SB Energy, the winners in the auction conducted by the National Thermal Corporation of India (NTPC) for 750 MW of solar projects in Ananthapuramu solar park.