CERC Approves 1.2 GW NHPC Wind-Solar Hybrid Tariffs Amid Regulatory Scrutiny
⚡ Quick Read What happened: CERC approved tariffs of ₹3.41/kWh and ₹3.42/kWh for NHPC’s 1.2 GW ISTS-connected wind-solar hybrid projects, with winners including Adani, Sprng Vayu, Illuminate, and Avaada. Why it matters: The ruling clarifies the regulatory stance on intermediary procurer roles and sets a precedent for the application of greenshoe options in large-scale hybrid…