⚡ Quick Read What happened: The CERC has officially adopted a tariff of ₹3.19/kWh for SJVN’s 1,200 MW interstate wind-solar hybrid projects, following a competitive bidding process. Why it matters: This regulatory approval provides the necessary legal certainty for developers to finalize Power Purchase Agreements (PPAs) and proceed with project execution. Watch: The finalization of…
⚡ Quick Read What happened: The CERC has officially adopted tariffs of ₹3.32-₹3.33/kWh for SJVN’s 1.2 GW solar-plus-storage projects, which include 600 MW/2.4 GWh of energy storage. Why it matters: The approval validates the competitive bidding process for hybrid storage projects and sets a clear regulatory precedent for trading margins in the absence of payment…
⚡ Quick Read What happened: ACEN India has secured ₹7.52 billion (~$80.15 million) from MUFG and SMBC to finance a 100 MW wind power project in Bijapur, Karnataka. Why it matters: The project, which has a PPA with SJVN, highlights the continued appetite of international banking institutions for large-scale wind infrastructure in India. Watch: Construction…