याचिका संख्या / Petition No 310/AT/2025 कोरम/ Coram:

श्री चिश्नु बरुआ, अध्यक्ष / Shri Jishnu Barua, Chairperson श्री रमेश बाबू व., सदस्य / Shri Ramesh Babu V., Member श्री हरीश दुदानी, सदस्य / Shri Harish Dudani, Member श्री रचवन्द्र चसंह चिल्लो, सदस्य /Shri Ravinder Singh Dhillon, Member आदेश चदनांक/ Date of Order : 14th of January, 2026 In the matter of Petition under Section 63 of the Electricity Act,2003 for Adoption of Tariff for the ISTS Grid connected Solar Power projects of 1200 MW with 600 MW / 1200 MWh Energy storage system (ESS) and with additional capacity up to 1200 MW with “Greenshoe Option” selected through Competitive Bidding Process under Tariff Based Competitive Bidding Guidelines issued by Ministry of Power, Govt. of India on 09.06.2023 and its amendments thereof. (NHPC Tranche -VIII, Tender ID:

2024_NHPC_821806_1)

And In the matter of:

NHPC Limited, (a Govt. of India Enterprise)

NHPC Office Complex, Sector-33, Faridabad (Haryana)- 121003 ... Petitioner VERSUS

1. M/s Onix Renewable Limited, Gate No 2, P/212/B, Rajkot Kalawad Highway, Lodhika GIDC, Rajot-360021(Gujarat)

2. M/s Jindal India Renewable Energy Limited, C-3, Block C, Qutab Institutional Area, Katwaria Sara, New Delhi-110016

3. M/s NTPC Renewable Energy Limited E-3, Ecotech-II, Udyog Vihar, Greater Noida -201306 (Uttar Pradesh)

4. M/s Kolar solar Power Private Limited, 65, Sardar Patel Marg, C scheme. Ashok Nagar, Jaipur -302001 (Rajasthan).

5. M/s ReNew Solar Power Private Limited, Renew Hub Commercial Block-1, Zone-6, Golf Course Road, DLF City, Phase V, Gurgram -122009(Haryana)

6. M/s Adani Renewable Energy Holding Nine Limited Adani corporate House, Shantigram , Near Vaishno Devi Circle, S.G Highway, Khodiyar, Ahemdabad-382421 (Gujarat)

…Respondents Parties Present:

Shri Rajiv Shankar Dvivedi, Advocate, NHPC Shri Sushant Kumar, Advocate, NHPC Shri Jagpal Singh, Advocate, NHPC

ORDER

The Petitioner, NHPC Limited (hereinafter referred to as 'NHPC'), has filed the present Petition under Section 63 of the Electricity Act 2003 for adoption of Tariff for the ISTS Grid connected Solar Power projects of 1200 MW with 600 MW/1200 MWh Energy storage system (ESS) and with additional capacity up to 1200 MW with “Greenshoe Option” selected through Competitive Bidding Process under Tariff Based Competitive Bidding Guidelines issued by Ministry of Power, Govt. of India on 09.06.2023 and its amendments thereof.

2. The Petitioner has made the following prayers:

1) Admit the present Petition.

2) Adopt the Tariff discovered in the Competitive Bidding Process for individual Power Projects as listed in Table-1 at paragraph 11 above on terms and conditions contained in the PPA to be signed with Solar Power Generators being Respondent Nos 1 to 6 and a Trading Margin of Rs 0.07/kWh in addition to above Tariff is to be recovered from buying Utilities/ Distribution Licensee/ DISCOM(s) in terms of the PSA to be signed between NHPC &

Utilities/ Distribution Licensee.

3) Pass such other and further order / orders as are deemed fit and proper in the facts and circumstances of the case.

Submissions of the Petitioner

3. The Petitioner, NHPC, has been designated as an Intermediary Procurer/ Renewable Energy Implementing Agency (REIA) for the Electricity Act, 2003, Guidelines for Tariff-Based Competitive Bidding Process for procurement of Firm and Dispatchable Power from Grid-Connected Renewable Energy Power Projects with Energy Storage Systems. The Ministry of Power, GOI, vide resolution dated 09.06.2023, issued Guidelines for the Tariff-based Competitive Bidding Process for Procurement of Firm and Dispatchable Power from Grid-connected Renewable Energy Power Projects with Energy Storage Systems.

4. NHPC issued a Request for Selection (RfS) document for selection of Solar Power Generators (SPGs) “Selection of Solar Power Generators for Setting up of 1200 MW (1.2 GW) ISTS (Inter State Transmission System) Connected Solar Power Projects with 600 MW/1200 MWh Energy Storage Systems (ESS) on anywhere in I