West Bengal Approves PSA between IPCL & SECI for Purchase of 100 MW Power
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IN REGARD TO THE APPLICATION SUBMITTED BY INDIA POWER CORPORATION LIMITED (IPCL) FOR APPROVAL OF POWER SALE AGREEMENT EXECUTED ON 15.01.2020 BY AND BETWEEN IPCL AND SOLAR ENERGY CORPORATION OF INDIA LIMITED (SECI) FOR PURCHASE OF 100 MW HYBRID POWER BY IPCL FOR A PERIOD OF 25 ( TWENTY FIVE) YEARS FROM THE DATE OF COMMERCIAL OPERATION AT A TARIFF DETERMINED THROUGH REVERSE AUCTION PROCESS IN TERMS OF SUB-SECTION 1 OF SECTION 86 OF THE ELECTRICITY ACT, 2003 AND IN TERMS OF REGULATIONS 2.1.12, 7.4.1, 7.8.1,7.8.2 AND 7.8.3 OF THE WEST BENGAL ELECTRICITY REGULATORY COMMISSION ( TERMS AND CONDITIONS OF TARIFF) REGULATIONS, 2011, AS AMENDED
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