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May 14,2025

HERC Approves Solar PPAs at ₹2.99/kWh Tariff, after disputes over APTEL's order

The Haryana Electricity Regulatory Commission (HERC), following APTEL’s 2024 directive, held multiple hearings in 2025 regarding Solar PPAs. APTEL had mistakenly assumed signed PPAs existed, though only LOIs were issued. Tariff ambiguity further delayed approvals. Most developers agreed to sign at ₹2.

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