Daily News Wrap-Up: CERC Adopts Tariff for 1500 MW Solar Projects
86% of new clean power capacity cheaper than fossil fuels in 2023, says IRENA
September 27, 2024
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
The Central Electricity Regulatory Commission has allowed NTPC to adopt a tariff within the range of ₹2.60 (~$0.031) – ₹2.65 ($0.0316) for 1,500 MW solar projects connected to the inter-state transmission system. The Commission said trading margins will be determined per the power sale agreement between NTPC and distribution licensees. On July 25, 2023, NTPC issued a request for selection to establish 1,500 MW ISTS-connected solar power projects under tariff-based competitive bidding. NTPC received six bids for an aggregate capacity of 2250 MW. As per the eligibility criteria, five bidders were shortlisted for the e-reverse auction.