Odisha’s GRIDCO Gets Regulatory Approval to Procure Solar Power at ₹2.79/kWh
The applicable tariff as per the PPA is ₹2.84 (~$0.038)/kWh for 25 years, including the GEDCOL margin of ₹0.05 (~$0.00067)/kWh
July 21, 2021
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The Odisha Electricity Regulatory Commission (OERC) has approved the power purchase agreement (PPA) signed between Grid Corporation of Odisha (GRIDCO) and Green Energy Development Corporation of Odisha (GEDCOL) to procure solar power from the 8 MW solar photovoltaic (PV) projects to be developed by GEDCOL.