SJVN Ltd issue Tender for setting up of 2.2 MW Grid connected RTS PV Power Projects in the Western Region states Under RESCO mode PMSGMBY – EQ
Summary:
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## 📌 Case Overview
* **Petitioner:** SJVN Limited
* **Respondents:** SECI, Distribution Companies (DISCOMs), CTUIL, and others.
* **Subject:** Petition under Section 79(1)(b) & (f) of the Electricity Act, 2003 for **approval of tariff and adoption of discovered tariff** for Solar Power Projects.
* **Capacity:** **100 MW (AC) Solar PV Project**.
* **Location:** Gujarat.
* **Tariff Discovered:** ₹2.54 per unit (kWh) through competitive bidding.
* **PPA:** Executed with SECI for **25 years**.
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## ⚡ Background
* SECI invited bids under **Tariff-Based Competitive Bidding (TBCB)** Guidelines, 2023.
* SJVN won **100 MW Solar PV project** at ₹2.54/unit.
* PPA signed with SECI, back-to-back PSA with DISCOMs.
* Petition filed before CERC for **tariff adoption** and associated approvals.
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## 💰 Tariff & Cost Details
* Tariff of **₹2.54/kWh** is **firm and levelized** for 25 years.
* No escalation allowed on account of fuel/technology.
* Land, evacuation, and interconnection at 220 kV pooling substation borne by developer.
* SECI will procure entire power and sell to DISCOMs at adopted tariff + trading margin.
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## 🏛️ Commission Proceedings
* CERC issued notice to respondents.
* No major objections filed by DISCOMs or CTUIL.
* SECI supported tariff adoption, citing transparent competitive bidding.
* Commission satisfied that guidelines were followed.
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## ✅ Decision
* **Tariff of ₹2.54/kWh** discovered through competitive bidding is **adopted** under Section 63 of the Electricity Act, 2003.
* PPA & PSA declared valid and binding.
* SECI authorized to purchase power and supply to DISCOMs with trading margin.
* Petition allowed.
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