Summary
The Karnataka Electricity Regulatory Commission (KERC) has requested the state government to “reconsider” its earlier direction to approve power purchase agreements (PPAs) of 270.5 MW of wind power projects that were commissioned before March 31, 2017 at tariffs of Rs 4.50 per unit. Karnataka’s electricity regulator had said last month that it would approve PPAs of these wind projects only if the developers agree to cut tariffs by 17% to Rs 3.74 per unit. The ministry of new and renewable energy (MNRE) in August told seven wind energy-producing states that wind power projects, which have already signed PPAs and were commissioned before March 31, should not face problems in selling power......