MERC approves tariff of Rs 3.10 per kWh to source 117.5 MW of solar power

The Maharashtra Electricity Regulatory Commission (MERC) has adopted and approved a tariff of Rs 3.10 per kWh for the purchase of 117.5 MW of solar power on long-term basis for the period of 25 years under PM-KUSUM Component-C scheme.

The commission stated that the power procured from these projects will be eligible for meeting the Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) solar renewable purchase obligation requirements. It further ordered the parties to sign the power purchase agreement within 30 days.

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