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SECI Awards 1200 MW Hybrid Project With A Tariff Of Rs 3.43/Unit

The Solar Energy Corporation of India (SECI) has now awarded the contracts for its earlier issued tender for 1200 MW to six project developers. The proposed tender was meant to develop the wind-hybrid renewable projects in India for Inter-State Transmission System (ISTS). With the announcements of the results, SECI was able to get a tariff […]

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Karnataka Proposes New Tariffs For Rooftop Solar Projects

The Karnataka Electricity Regulatory Commission (KERC) in its latest order has proposed revised tariffs for the state for FY25 for grid-connected solar plants. This comes after the state power regulator came out with a discussion paper on the issue recently.  To arrive at the final tariffs for different segments of power generators and consumers, the […]

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US Slaps 50% tariffs On Chinese Solar Cells

In its continuing efforts to build, and protect existing US solar manufacturers from Chinese imports, US President Joe Biden has announced a series of tariffs directed towards Chinese goods, including solar cells. Under Section 301 of the Trade Act of 1974, solar cells – whether assembled or not into modules – tariffs will increase from […]

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NTPC Discovers Tariffs Below Rs 4.65 In 3 GW FDRE 2 Auctions

NTPC’s 3 GW FDRE (Firm and Dispatchable Renewable energy)  Tranche 2 auctions. Meant to supply round the clock power through the Inter State Transmission System (ISTS), the auctions were launched in October last year, and widely seen as a key milestone in plans to add storage capacity to the grid.  The prices discovered by NTPC […]

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MPERC Revises Tariff Reduction, Green Certification Witnesses 42% Reduction

Madhya Pradesh Electricity Regulatory Commission (MPERC) in its recent notification has announced a 42% reduction in its recent tariff revision and also removed the limitation on the minimum consumption for availing of green energy certification. This revision was made for consumers availing of green energy from distribution licensees only to reduce their carbon footprint and […]

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KERC Revises Electricity Tariffs, Reduces Power Charges

The Karnataka Electricity Regulatory Commission (KERC) has revised the retail supply tariff for the financial year 2024-25 for all the distribution licensees. KERC tariff order found a marginal surplus for FY2024-25. It mentioned about reduction in tariffs to commercial, industrial consumers, and domestic consumers (consuming above 100 units per month). For low-tech domestic lighting, the […]

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GERC Revises Tariff To Rs 2.57 For 700 MW Project Between SECI, GUVNL

Gujarat Electricity Regulation Commission (GERC) recently approved the power usage agreement signed by Gujarat Urja Vikas Nigam Limited (GUVNL) with Solar Energy Corporation of India Limited (SECIL). The agreement was undertaken for procurement of 700 MW power from their solar PV power plant that is to be set up under Ministry of New and Renewable […]

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SJVN Concludes 1500 MW Wind-Solar Hybrid Auction With Competitive L1 Tariff of Rs 3.43/kWh

Satluj Jal Vidyut Nigam Limited (SJVN), a renewable energy sector company has announced that it successfully concluded a reverse auction for a 1500 MW wind-solar hybrid project on February 20. The auction witnessed competitive bidding, resulting in the establishment of an opening L1 tariff of INR 3.43 per kWh. During the auction, Juniper Green Energy […]

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