In the matter of: Petition for adoption of tariff for 900MW Solar PV Power projects (Tranche-VI)
In the matter of: Petition under Section 63 of the Electricity Act, 2003 for adoption of tariff for 900MW Solar PV Power projects (Tranche-VI) connected to the Inter-State Transmission system (ISTS) and selected through competitive bidding process as per the Standard
Bidding Guidelines dated 3.8.2017.
The above two provisions are exceptions to the main provision as regards trading margin. Distribution licensee has agreed to a trading margin of Rs.0.07/kWh as agreed in the PSA, which is in consonance with Regulation 8(1)(d) of the Trading Licence Regulations. Therefore, in case of failure by SECI to provide escrow arrangement or irrevocable, unconditional and revolving letter of credit to the solar generators, trading margin shall be limited to Rs.0.02/kWh as specified in Regulation 8(1)(d) and Regulation 8(1)(f) of the Trading Licence Regulations.
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