Petition for the Adoption of Tariff for Supply of 1200 MW ISTS-Connected Solar PV Power Projects with “Greenshoe Option” – EQ
Summary:
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### **1. Document Overview**
* **Document Type:** Record of Proceedings (RoP)
* **Issued By:** Central Electricity Regulatory Commission (CERC), New Delhi
* **Petition No.:** 735/AT/2025
* **Date of Hearing:** 16th October 2025
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### **2. Subject Matter**
**Petition under Section 63 of the Electricity Act, 2003**
For **adoption of tariff** discovered through **Competitive Bidding Process** for:
* **Supply of:** 1200 MW ISTS-connected Solar PV Power Projects
* **Location:** Anywhere in India
* **With:** “Greenshoe Option” for additional capacity up to **600 MW**
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### **3. Parties Involved**
* **Petitioner:** NTPC Limited (NTPCL)
* **Respondents:** Bharat Petroleum Corporation Limited and others
* **Respondent No. 5:** Adynat Enersol Private Limited (AEPL)
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### **4. Coram (Presiding Members)**
* Shri Ramesh Babu V., Member
* Shri Harish Dudani, Member
* Shri Ravinder Singh Dhillon, Member
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### **5. Representation**
* **For Petitioner (NTPC Ltd):**
* Shri Adarsh Tripathi, Advocate
* Shri Ajitesh Garg, Advocate
* **For Respondent (AEPL):**
* Shri Harishit Malik, Advocate
* Shri Vishal Anand, Advocate
* Shri Rahul Chatwal, Advocate
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### **6. Key Proceedings Summary**
1. **Submission by NTPC:**
* Petition filed for **tariff adoption** for 1200 MW Solar PV projects.
* Confirmed that **conformity certificate** has been submitted.
2. **Clarification to CERC:**
* Though the bid document included a **Greenshoe Option** (for up to 600 MW extra capacity), **no capacity was awarded** under that option.
* NTPC requested the Commission to **reserve the matter for orders**.
3. **Respondent’s Position:**
* **Adynat Enersol Pvt. Ltd.** stated it had **no objection** to the tariff adoption request.
4. **Commission’s Decision:**
* After hearing all parties, the **CERC reserved the matter for final orders**.
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