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March 17,2025

APSPDCL Amends PPAs for 400 MW Wind-Solar Hybrid Project

APSPDCL has submitted four amended PPAs to APERC for a 400 MW Wind-Solar Hybrid project with Axis Energy SPVs. Originally signed in 2022, policy changes delayed the project, leading to amendments. The revised PPAs set a ₹4.60/kWh tariff for 25 years, mandate 90% peak-hour availability, and impose penalties for underperformance.

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