The Haryana Electricity Regulatory Commission (HERC) has issued an order approving the deviations in the terms of power purchase agreement (PPA) for procurement of power by Haryana Power Purchase Centre (HPPC) from a 10 MW solar photovoltaic (PV) project developed by Haryana Power Generation Corporation (HPGCL).
The HPPC had amended one of the clauses in the PPA. Per the amendment, “Rebate and surcharge mechanism shall be applicable as per the HERC (Terms & Conditions for determination of tariff for generation, Transmission, Wheeling, Distribution & Retail Supply under MYT Framework) MYT Regulation, 2012.”
The HPPC had made another amendment too. Per the second amendment, “HPGCL will maintain generation to achieve a minimum capacity utilization factor (CUF) of 16 percent per year subject to Force Majeure conditions. Read More
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