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UPERC Adopts Renegotiated Tariff of ₹7.02 for Solar Projects Tendered in 2015-16

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The Uttar Pradesh Renewable Energy Commission (UPERC) has adopted a renegotiated tariff of ₹7.02 (~$0.11)/kWh as the new tariff for solar projects tendered in financial year 2015-16. This is negatively affecting 215 MW of grid-connected solar projects and hampering the growth of solar in the state.

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