The Central Electricity Regulatory Commission partly approved the adoption of tariffs discovered through a competitive bidding process for firm and dispatchable renewable energy procured by NHPC, while curtailing the allocation of additional capacity under the greenshoe option. The Commission adopted tariffs of ₹4.37 (~$0.048)/kWh to ₹4.38 (~$0.048)/kWh for 1.8 GW out of the 2.1 GW sought by NHPC, comprising 1.2 GW under the base allocation and 600 MW under the greenshoe option instead of the full 900 MW proposed.