Karnataka Rejects Wind Developer’s Plea for Revision of Tariff for an Old Project
However, the Commission allowed the developer to sell power in the open market
September 6, 2021
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The Karnataka Electricity Regulatory Commission (KERC), in a recent order, ruled that Swarna Properties, a wind developer, is entitled to a tariff of ₹3.40 (~$0.047)/kWh for the first ten years from the commercial operation date (COD) as mentioned in the power purchase agreement (PPA).