The Uttarakhand Power Corporation Limited (UPCL) recently approached the Uttarakhand Electricity Regulatory Commission (UERC) seeking its approval for the model power purchase agreement (PPA) between the petitioner and the selected bidders for setting up 200 MW of grid-connected solar photovoltaic power projects.
The petitioner submitted that as per the provisions of the Electricity Act, 2003, it is required to get the prior approval of the commission on the draft power purchase agreement proposed to be entered into with the generating company.
In June 2018, UPCL provided its consent to Uttarakhand Renewable Energy Development Agency (UREDA), the respondent in this case, for the development of 200 MW of solar power to comply with the solar Renewable Purchase Obligation (RPO) for the financial year (FY) 2018-19. Read more
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