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CERC Clears NHPC’s Solar+Storage Tariff for 1.2 GW Projects, Trims Greenshoe

Greenshoe capacity was partially curtailed due to concerns about consistency and fairness

January 15, 2026

/ Arjun Joshi
/ Markets & Policy, Solar
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The Central Electricity Regulatory Commission (CERC) has adopted tariffs ranging from ₹3.09 (~$0.0342)/kWh to ₹3.10 (~$0.0343)/kWh, as determined through NHPC’s auction, to develop 1,200 MW interstate transmission system-connected solar power projects with energy storage systems.

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Arjun Joshi

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CERCEnergy StorageGreenshoeNHPCSolarTariff Approval
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