UP energy regulator slashes solar tariffs, approves bidding for 550 mw
UP energy regulator slashes solar tariffs, approves bidding for 550 mw UPERC sets new benchmark in lowest solar power tariffs in the state Current Affairs :- The Uttar Pradesh Electricity Regulatory Commission (UPERC) has cut sun powered power levies to a record low of almost Rs 3 for every unit, as it cleared focused offering for obtainment of 550 megawatt (mw) by state utilities. The affirmed levies go from Rs 3.02 per unit to Rs 3.08 per unit, which positions among the most reduced power acquisition cost endorsed by the vitality controller for sun oriented tasks. The request was passed by the controller on an appeal recorded together by UP Power Corporation Limited (UPPCL), UP New and Renewable Energy Development Agency (UPNEDA) and Noida Power Company Limited (NPCL). The limit of affirmed sun oriented activities for their acquirement ranges from 25 mw to 100 mw. With the new request, the UPERC endorsed tax and power buy understandings (PPA) for acquirement of 5...