Summary:
Case Overview
Petitioner: SJVN Limited
Respondents: SECI, Distribution Companies (DISCOMs), CTUIL, and others
Subject: Petition under Section 79(1)(b) & (f) of the Electricity Act, 2003 for approval of tariff and adoption of discovered tariff for Solar Power Projects
Capacity: 100 MW (AC) Solar PV Project
Location: Gujarat
Tariff Discovered: ₹2.54 per unit (kWh) through competitive bidding
PPA: Executed with SECI for 25 years
Background
SECI invited bids under Tariff-Based Competitive Bidding (TBCB) Guidelines, 2023
SJVN won 100 MW Solar PV project at ₹2.54/unit
PPA signed with SECI, back-to-back PSA with DISCOMs
Petition filed before CERC for tariff adoption and associated approvals
Tariff & Cost Details
Tariff of ₹2.54/kWh is firm and levelized for 25 years
No escalation allowed on account of fuel/technology
Land, evacuation, and interconnection at 220 kV pooling substation borne by developer
SECI will procure entire power and sell to DISCOMs at adopted tariff plus trading margin
Commission Proceedings
CERC issued notice to respondents
No major objections filed by DISCOMs or CTUIL
SECI supported tariff adoption, citing transparent competitive bidding
Commission satisfied that guidelines were followed
Decision
Tariff of ₹2.54/kWh discovered through competitive bidding is adopted under Section 63 of the Electricity Act, 2003
PPA and PSA declared valid and binding
SECI authorized to purchase power and supply to DISCOMs with trading margin
Petition allowed
