Regulatory Developments in Renewable Sector: May 7, 2025
APERC approves 400 MW wind-solar hybrid projects The Andhra Pradesh Electricity Regulatory Commission (APERC) has granted approval for four amended Power Purchase Agreements (PPAs) totaling 400 MW of wind-solar hybrid power. The projects, developed by Axis Energy Ventures India Private Limited (AEVIPL) under the Bundling, Balancing, and Banking (BBB) scheme, will supply electricity to the Southern Power Distribution Company of Andhra Pradesh (APSPDCL) at a fixed tariff of Rs 4.60 per kWh for 25…