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MERC rejects BEST’s petition to terminate Tata Power contract

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BEST petitioned the Maharashtra Electricity Regulatory Commission (MERC) to terminate its power purchase agreement with Tata Power‘s Trombay Unit 5, citing high energy charges ranging from Rs 8 to Rs 11 per unit.  BEST argued that these tariffs were burdening 1.08 million consumers in Mumbai. However, MERC dismissed the plea, highlighting transmission constraints in sourcing power from outside Mumbai, necessitating Tata Power’s embedded generation for a secure supply. During a recent bidding, Sai Wardha Power…

Key Power Sector News Roundup for September 26, 2024

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MERC approves MSEDCL’s procurement of 5,991 MW solar power The Maharashtra Electricity Regulatory Commission (MERC) approved MSEDCL’s procurement of 5,991 MW solar power under Mukhyamantri Saur Krushi Vahini Yojana 2.0. The Rs 3.10 per kWh ceiling tariff ensures competitive pricing. This initiative aims to solarize 30% of agricultural feeders by 2025, helping meet rising renewable purchase obligation (RPO) targets and easing Koyna hydroelectric plant’s peak demand. Zelestra signs 450 MW solar power supply agreement with…

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MERC approves MSEDCL’s procurement of 5,991 MW solar power

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The Maharashtra Electricity Regulatory Commission (MERC) has approved the procurement of 5,991 MW of solar power by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) through competitive bidding. This initiative is part of the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), which aims to solarize at least 30% of agricultural feeders by December 2025.   The procurement will be managed by MSEB Solar Agro Power (MSAPL), a subsidiary of MSEB Holding Company, with 5,745 MW…