HERC Approves 15 MW Solar Power Procurement At ₹2.99 Per kWh In Haryana

Representational image. Credit: Canva

The Haryana Electricity Regulatory Commission (HERC) has approved a proposal by the Haryana Power Purchase Centre (HPPC) for the procurement of 15 MW of solar power. This decision was announced in an order dated September 8, 2025. The proposal was filed by HPPC to obtain approval for both the source and tariff of the power purchase agreements (PPAs). The approval includes the procurement of 5 MW from M/s Ramsons Organic Ltd. and an additional 10 MW from five other solar power developers who agreed to match the lowest discovered tariff.

The approved tariff for this procurement has been set at ₹2.99 per kWh. This rate was the lowest discovered through a competitive bidding process conducted as part of a broader initiative to procure 500 MW of solar power in Haryana. Previously, HPPC had sought approval for the procurement of 67 MW at a higher tariff of ₹3.37 per kWh. However, the Commission had rejected this earlier proposal in January 2024, stating that it was not competitive with prevailing market conditions. After the rejection, HPPC revised its strategy and re-floated the tender.

The new bidding process began with the opening of technical bids on March 13, 2025, followed by the financial bids on April 1, 2025. The lowest tariff of ₹2.99 per kWh was offered by Ramsons Organic Ltd. Other bidders in a different category, referred to as Category D, had significantly higher tariffs and were excluded from final consideration. HERC supported HPPC’s decision to drop the Category D bids, noting the disparity in tariffs.

The Commission emphasized that the approval of the lower tariff aligns with public interest and national as well as state renewable energy goals. Procuring power at this rate is expected to benefit consumers by providing clean electricity at a cost lower than the average power purchase cost for the fiscal year 2025-26. The decision also helps the state meet its renewable purchase obligations (RPO), which is a requirement for sourcing a portion of electricity from renewable sources.

The approved projects are expected to bring several advantages to the state. The establishment of these solar plants in Haryana will help reduce distribution losses and create local employment opportunities during construction and operation. Additionally, the use of solar power contributes to environmental benefits, including lower greenhouse gas emissions and reduced reliance on fossil fuels.

The Commission’s decision also supports the Government of Haryana’s draft Solar Policy, 2023, which targets the installation of 6 GW of solar power capacity by 2030. By encouraging competitive bidding and approving projects at lower tariffs, the policy aims to ensure that solar energy development is cost-effective and sustainable. This recent approval demonstrates a step forward in achieving the state’s renewable energy goals while providing affordable electricity to consumers.

Overall, HERC’s approval of HPPC’s 15 MW solar power procurement marks a significant move toward enhancing renewable energy capacity in Haryana. The projects are expected to contribute to the state’s clean energy goals, promote economic benefits, and support the long-term objective of sustainable and affordable power supply for consumers.


Subscribe to get the latest posts sent to your email.

 

  • Related Posts

    Indian Green Energy Stocks See Mixed Trading As Sensex And Nifty Fall On October 1

    The Indian green energy sector witnessed a subdued trading session on Thursday, October 1, 2026, as broader market weakness put pressure on several renewable energy, solar, power, and electric mobility…

    Huawei Unveils Six Global Power Showcases, Unlocking a New Power System with AI-Energy Synergy

    During HUAWEI CONNECT 2026, Huawei held the 2026 Global Electric Power Summit under the title ” AI × Energy: Unlocking a New Power System.” More than 600 representatives from global…

    Have You Seen?

    UN Says Global Fuel Subsidies Could Top $1 Trillion

    • October 2, 2026
    UN Says Global Fuel Subsidies Could Top $1 Trillion

    JERA CEO Warns LNG Prices Have Further to Climb

    • October 2, 2026
    JERA CEO Warns LNG Prices Have Further to Climb

    Scaling up: Blue Star’s next phase in Colorado

    • October 2, 2026
    Scaling up: Blue Star’s next phase in Colorado

    Shougang, Rio Tinto commission carbon capture trial facility at China steel plant

    • October 2, 2026
    Shougang, Rio Tinto commission carbon capture trial facility at China steel plant

    Oil Prices Come Under Pressure

    • October 2, 2026
    Oil Prices Come Under Pressure

    China Halts October Fuel Exports as Global Diesel Crunch Deepens

    • October 2, 2026
    China Halts October Fuel Exports as Global Diesel Crunch Deepens

    Brent Holds Above $102 as Gulf Export Rebound Offsets U.S. Military Moves

    • October 2, 2026
    Brent Holds Above $102 as Gulf Export Rebound Offsets U.S. Military Moves

    ConocoPhillips Signs 20-Year LNG Deal With Venture Global

    • October 2, 2026
    ConocoPhillips Signs 20-Year LNG Deal With Venture Global

    U.S. Diesel Export Ban Would Hit Latin America Hardest: Goldman

    • October 2, 2026
    U.S. Diesel Export Ban Would Hit Latin America Hardest: Goldman

    Atlas Copco strengthens Chinese footprint with Guangdong Euroklimat acquisition

    • October 2, 2026
    Atlas Copco strengthens Chinese footprint with Guangdong Euroklimat acquisition