APTEL Overturns HERC Ruling, Approves Solar Rate at Rs 5.68/unit
The Appellate Tribunal for Electricity (APTEL) overturned the Haryana Electricity Regulatory Commission's (HERC) decision rejecting Power Purchase Agreements (PPAs) for solar power. APTEL directed the Haryana Power Purchase Centre to finalize a PPA at Rs 5.68/unit, reinstating a 2016-17 rate. The Tribunal emphasized adherence to bidding guidelines and progress made by petitioners.
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