Uttar Pradesh Regulator Approves Tariff of ₹4.53/kWh for Bagasse-Based Power
UPPCL to procure the power to meet its RPO targets
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The Uttar Pradesh Electricity Regulatory Commission (UPERC), in a recent order, adopted the levelized tariff of ₹4.53 (~$0.062)/kWh for the purchase of 20 MW (+/-25%) of bagasse-based power. The Commission also approved the power purchase agreements (PPAs) signed between the sugar mills – participants in a tendering process initiated in March 2020 – and the Uttar Pradesh Power Corporation Limited (UPPCL).