MERC approves tariff for 225 MW hybrid project

The Maharashtra Electricity Regulatory Commission (MERC) has approved a tariff of Rs 2.59 per kWh for the evacuation of power from a wind-solar hybrid project with a capacity of 225 MW. Tata Power Company Limited (Distribution) (TPC-D) had approached the commission seeking approval for the tariff. The power purchased will help towards fulfilling TPC-D’s renewable purchase obligation. The project will be developed by Tata Power Green Energy Limited and will be located in parts of Maharashtra and Rajasthan. As per the order, TPC-D can now enter into a power purchase agreement (PPA) with Tata Power Green Energy Limited for a tenure of 25 years. The tariff was determined by a transparent reverse auction where there were two bidders. While AMP Energy Green Private Limited had quoted a tariff of Rs 2.60 per kWh for 100 MW of hybrid projects, Tata Power Green Energy Limited had bid Rs 2.59 per kWh for 225 MW of hybrid project capacity.


Enter your email address