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Regulator Allows Old PPA to Continue After Change in Solar Project Ownership

The procurement at a tariff of ₹7/kWh will allow the state to meet its RPO

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The Odisha Electricity Regulatory Commission (OERC) has said that a ten-year-old power purchase agreement (PPA) can remain in force even after the ownership of the solar project changed as a result of the insolvency of the previous owner.

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