The Maharashtra Electricity Regulatory Commission approved tariffs of ₹2.52 (~$0.0283)/kWh and ₹2.53 (~$0.0285)/kWh for Maharashtra State Electricity Distribution Company’s (MSEDCL) purchase of 1,475 MW capacity of solar energy from NHPC. It also approved a trading margin of ₹0.07 (~$0.0007)/kWh. In June 2023, NHPC issued a tender to set up 3,000 MW of interstate transmission system-connected solar projects across India. The auction’s discovered tariffs were ₹2.52 (~$0.0283)/kWh to ₹2.53 (~$0.0285)/kWh with a trading margin of ₹0.07 (~$0.0007)/kWh. It sought MSEDCL’s consent to procure power from this project in November 2023. MSEDCL agreed to procure the power at the discovered tariffs.