MERC approves tariff of Rs 2.59 per unit for a hybrid project

The Maharashtra Electricity Regulatory Commission (MERC) has granted approval to Tata Power Company Limited –Distribution for procurement of 225 MW power on long-term basis from grid connected wind-solar hybrid power project at a tariff of Rs 2.59 per unit.

MERC has allowed Tata Power to enter into power purchase agreement with the successful bidder, i.e., Tata Power Green Energy Limited for a period of twenty-five years. The power procured from the supplier will be considered for meeting the solar and non-solar renewable purchase obligation requirement of the petitioner.

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