JDVVNL Receives Nod for 25-Year Solar Power Procurement in PM-KUSUM Scheme
The RERC establishes a ceiling tariff of INR 3.55 per kWh for these solar projects, emphasizing its use in future bidding processes by distribution companies.
December 01, 2023. By Abha Rustagi
The RERC establishes a ceiling tariff of INR 3.55 per kWh for these solar projects, emphasizing its use in future bidding processes by distribution companies. Market conditions will be a key factor for companies to assess before each bidding round. This follows an exhaustive evaluation of JDVVNL’s application under Section 63 of the Electricity Act, 2003.
In a related move, the RERC had previously approved Rajasthan Urja Vikas Nigam Limited (RUVNL) in October 2023 for an average tariff of INR 4 per kWh, enabling them to procure power from Solar Energy Corporation of India’s 490 MW hybrid power projects, integrating solar and pumped storage technologies.
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