UPERC allows petition of NPCL for adoption of tariff and approval of agreement for procurement of 50 MW RTC power

Petitioner: Noida Power Company Limited (NPCL)

Background: Petition, under Section 63 of the Electricity Act, 2003 read with Revised Guidelines for Procurement of Electricity for Medium Term from Power Stations set up on Finance, Own and Operate (FOO) basis dated 30th January 2019 issued by Ministry of Power, for adoption of tariff and approval of agreement for procurement of power by the Hon'ble Commission for purchase of 50 MW RTC Power by Noida Power Company Limited from the Successful Bidder/s pursuant to tariff determined through a transparent and competitive e-Bidding followed by Reverse Auction Process through DEEP Portal adopted in accordance with the Guidelines.