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October 30,2024

Government Proposes 15-Year PPA for FDRE Battery Storage

The Power Ministry proposed a 15-year PPA for Tariff-Based Competitive Bidding (TBCB) projects, focusing on Firm, Dispatchable Power from Grid-Connected Renewable Energy (FDRE) with Energy Storage System. Stakeholders are invited to comment on amendments, which include provisions for longer PPAs, performance guarantees, and requirements for automatic weather stations and cybersecurity compliance.

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