KERC approves existing PPAs with wind energy developers

The Karnataka Electricity Regulatory Commission (KERC) has finally initiated the approval of existing PPAs with wind energy developers. KERC has settled a month-long dispute with the state government by endorsing at least one wind power project at the existing tariff of Rs 4.50 per unit. The remaining projects will be evaluated on a case-by-case basis. With this move, KERC hopes to encourage discoms and regulators to honour the older PPAs despite declining tariffs.

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