GERC Approves Tariff of ₹2.78/kWh for 500 MW Solar Power Procurement

The project will be at the Khavda Renewable Energy Park

July 8, 2025

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The Gujarat Electricity Regulatory Commission (GERC) has approved the power purchase agreement (PPA) signed between Gujarat Urja Vikas Nigam (GUVNL) and NTPC Renewable Energy (NREL) for procuring 500 MW of solar power at a tariff of ₹2.78 (~$0.032)/kWh.

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GERC Approves Tariff of ₹2.78/kWh for 500 MW Solar Power Procurement

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