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March 24,2025

CERC Approves Tariffs for SJVN’s 1200MW Solar PV Projects in India

CERC approved tariffs of ₹2.52/kWh and ₹2.53/kWh for SJVN’s 1,200 MW ISTS-Connected Solar PV Projects. However, it rejected a fixed trading margin, stating it must align with Power Sale Agreements (PSAs). CERC reprimanded SJVN for non-compliance with bidding publication requirements but upheld the transparency of the process.

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