Petition for Adoption of 1200 MW Wind-Solar Hybrid Power Projects with Greenshoe Option of the Ministry of Power, Government of India, as amended from time to time – EQ
Summary:
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### **1. Background**
**NTPC Limited (NTPCL)** filed a petition before the **Central Electricity Regulatory Commission (CERC)** under **Section 63 of the Electricity Act, 2003** seeking **adoption of tariff** for **1200 MW Wind-Solar Hybrid Power Projects**, with a **Greenshoe Option** for an additional capacity of up to **600 MW**.
The projects are connected to the **Inter-State Transmission System (ISTS)** and were awarded through a **competitive bidding process** conducted in accordance with the **Guidelines dated 21 August 2023** issued by the **Ministry of Power (MoP), Government of India**, as amended from time to time.
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### **2. Parties Involved**
* **Petitioner:** NTPC Limited (NTPCL)
* **Respondents:** EG Solwin Renewables Private Limited & Others
* **Coram (Commission Members):**
* Shri Ramesh Babu V., Member
* Shri Harish Dudani, Member
* Shri Ravinder Singh Dhillon, Member
* **Legal Representation (for NTPCL):**
* Ms. Shikha Ohri, Advocate
* Shri Kartik Sharma, Advocate
* Shri Harsh Dev Singh, Advocate
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### **3. Proceedings Summary**
During the hearing on **16 October 2025**, counsel for NTPC submitted that the petitioner has **complied with the CERC directions** issued earlier vide **Record of Proceedings dated 23 September 2025**, by submitting **comparative tariff data** demonstrating the competitiveness of the discovered tariff.
The **tariff discovered** for the Wind-Solar Hybrid Projects ranges between **₹3.35 to ₹3.36 per unit**, which is **lower than** the tariffs previously adopted by the Commission in similar tenders:
* **Petition No. 268/AT/2024:** ₹3.43 – ₹3.46/kWh
* **Petition No. 402/AT/2024:** ₹3.43 – ₹3.46/kWh
This comparative analysis establishes the **reasonableness and competitiveness** of the tariff discovered in the current tender.
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### **4. Commission’s Observation**
After reviewing the submissions made by the petitioner’s counsel, the **CERC reserved the matter for order**, implying that the final decision on tariff adoption will be issued in due course.
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