Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the power sale agreement for Noida Power Company (NPCL) to procure from intermediary procurer SJVN 100 MW firm and dispatchable power from ISTS-connected renewable energy projects with energy storage systems developed by Tata Power Renewable Energy. The Commission approved the power procurement at a tariff of ₹4.38(~$0.052)/kWh with a trading margin of ₹0.07(~$0.0008)/kWh. SJVN must provide the renewable energy generator with an escrow agreement or irrevocable unconditional revolving letter of credit.