Uttar Pradesh and SECI finalise PSA for 750 MW of solar power at a tariff of Rs 2.55 per kWh

The Uttar Pradesh Electricity Regulatory Commission recently approved the power sale agreements (PSA) between Uttar Pradesh Power Corporation Limited (UPPCL) and SECI at a tariff of Rs 2.55 per kWh for 25 years. The move comes after UPPCL filed a petition before the commission seeking approval for 750 MW of solar power PSAs signed between UPPCL and SECI at the stated tariff, including a trading margin of Re 0.07 for a period of 25 years.

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