Siwana Solar Power Projects Ltd., an India-based company, has approached the Haryana Electricity Regulatory Commission (HERC) over tariff disputes in its 25-year PPA with the Haryana Power Purchase Centre (HPPC). Signed in February 2014, the PPA set a tariff of INR 6.44/kWh (~$0.08/kWh) for its solar plant commissioned in December 2014. Siwana Solar later sought a higher generic tariff of INR 7.45/kWh (~$0.09/kWh), applicable for FY 2014-15 projects. HERC upheld the original INR 6.44/kWh tariff, but HPPC applied a reduced rate of INR 5.68/kWh (~$0.07/kWh), citing unrelated agreements. Siwana Solar claims this violates its contract. Following litigation in APTEL and the Supreme Court, the company seeks enforcement of HERC’s order to maintain the agreed tariff.
HERC approached over Siwana Solar’s PPA tariff dispute
Siwana Solar seeks HERC’s intervention to resolve a tariff dispute under its PPA with HPPC. Read more on the ongoing legal battle here.
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