Petition for the Adoption of tariff for the 100 MW Solar PV Power Project (Tranche- VIII) connected with ISTS – EQ

Summary:

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### **1. Document Overview**

* **Document Type:** Order of the Central Electricity Regulatory Commission (CERC)
* **Petition No.:** 723/AT/2025 (with I.A. No. 66/2025)
* **Date of Order:** 24th October 2025
* **Jurisdiction:** Central Electricity Regulatory Commission (CERC), New Delhi
* **Relevant Law:** Section 63 of the Electricity Act, 2003

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### **2. Coram (Bench Members)**

* Shri Jishnu Barua – Chairperson
* Shri Ramesh Babu V. – Member
* Shri Harish Dudani – Member
* Shri Ravinder Singh Dhillon – Member

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### **3. Parties Involved**

#### **Petitioner**

* **Solar Energy Corporation of India Limited (SECI)**
6th Floor, Plate-B, NBCC Office Block Tower-2, East Kidwai Nagar, New Delhi

#### **Respondents**

1. **AMP Energy Green Pvt. Ltd.**
2. **AMPIN Energy Green Four Pvt. Ltd.** (formerly AMP Energy Green Four Pvt. Ltd.)
3. **West Bengal State Electricity Distribution Company Ltd. (WBSEDCL)**

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### **4. Petition Summary**

* **Objective:** Adoption of tariff under Section 63 of the Electricity Act, 2003 for a **100 MW Solar PV Power Project (Tranche-VIII)** connected to the **Inter-State Transmission System (ISTS)**.
* **Mode of Selection:** Through **tariff-based competitive bidding** under the Ministry of Power Guidelines dated **3rd August 2017**.

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### **5. Background**

* SECI issued a **Request for Selection (RfS)** on **3rd January 2020** for **1200 MW ISTS-connected Solar PV Projects (Tranche-VIII)**.
* Competitive bidding and e-reverse auction conducted on **27th February 2020**.
* **Four bidders selected** for 1200 MW; Letters of Award issued on **6th April 2020**.
* **CERC Order dated 4th January 2024 (Petition No. 214/AT/2023)** adopted tariffs for **1100 MW**, granting SECI liberty to approach for the remaining **100 MW** once tied up.
* The **balance 100 MW** now tied up as follows:

* **PPA:** Signed between SECI and **AMPIN Energy** on **4th July 2025**.
* **PSA:** Signed between SECI and **WBSEDCL** on **26th June 2025**.
* **Trading Margin:** ₹0.07/kWh agreed with WBSEDCL.

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### **6. Key Project Details**

| **Particulars** | **Details** |
| ———————————– | ——————————————————- |
| **Project Capacity** | 100 MW (Solar PV, Tranche-VIII) |
| **Successful Bidder** | AMP Energy Green Pvt. Ltd. |
| **Project Company** | AMPIN Energy Green Four Pvt. Ltd. |
| **PPA Date** | 4th July 2025 |
| **PSA Date** | 26th June 2025 |
| **Applicable Tariff** | ₹2.50/kWh |
| **Trading Margin** | ₹0.07/kWh (subject to compliance with payment security) |
| **Buying Utility** | WBSEDCL |
| **COD (Commercial Operation Date)** | 21st March 2025 |

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### **7. Hearing Summary**

* **Dates:** 12th August 2025 and 18th September 2025
* No objections received from respondents.
* CERC reserved the order after hearing the counsels for SECI and AMPIN Energy.

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### **8. Key Findings & Decision**

1. **Tariff Adoption:**

* The tariff of ₹2.50/kWh was discovered through a **transparent competitive bidding process** in accordance with the 2017 Guidelines.
* CERC **adopts the tariff** for 100 MW capacity under Tranche-VIII.

2. **Payment Security Mechanism:**

* Parties must comply with **Articles 10.3 and 10.4 of the PPA** and **Regulation 9(10)** of the **CERC Trading Licence Regulations, 2020**, requiring:

* **Revolving Letter of Credit (LC)** or **Escrow arrangement** covering at least 1.1× average monthly billing.

3. **Trading Margin Approval:**

* **Approved at ₹0.07/kWh**, as mutually agreed in PSA with WBSEDCL, subject to provision of payment security.
* If SECI fails to provide escrow/LC, margin is capped at **₹0.02/kWh** per Regulations 8(1)(d) & 8(1)(f).

4. **No Objections:**

* No respondent opposed the adoption or process.

5. **Final Order:**

* **Petition No. 723/AT/2025** and **IA No. 66/2025** are **disposed of**.
* Tariff of ₹2.50/kWh (plus ₹0.07/kWh trading margin) is adopted for 100 MW project.

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### **9. Signatories**

* **(Ravinder Singh Dhillon)** – Member
* **(Harish Dudani)** – Member
* **(Ramesh Babu V.)** – Member
* **(Jishnu Barua)** – Chairperson

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