UP energy watchdog cuts solar power tariffs, clears bidding for 500 mw
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The Uttar Pradesh (UP) Electricity Regulatory Commission approved tariff and power purchase agreements for procuring 500 MW of solar power by UP Power Corporation Limited and the state power distribution companies. The capacity of approved solar projects ranges between 20 MW and 140 MW, while the approved tariffs lie between $0.044 per unit to $0.045 per unit, which is the lowest power procurement price approved by the commission for solar power projects in the state.
Source:
Business Standard 