The Haryana Electricity Regulatory Commission (HERC) has asked the Haryana Power Purchase Centre (HPPC) to follow the latest competitive bidding guidelines issued by the Ministry of New and Renewable Energy (MNRE) for procurement from solar photovoltaic (PV) projects.
HERC has also ordered the HPPC to award 140 MW of solar PV to ACME Solar Holding Limited if it agrees to match the lowest (L1) tariff discovered in the auction conducted by HPPC to procure 300 MW of solar to meet renewable purchase obligations (RPO).
The HERC was going through petitions filed by ACME Solar and Tepsol Green Energy Pvt. Ltd. ACME Solar had requested that the HERC order HPPC to offer preferential treatment as ACME had participated in the initial auction that had been proposed by HPPC to procure solar in 2015. Read More
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