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MERC Approves 60 MW Wind-Solar PPA Withdrawal, Citing High Tariff

The Commission directed that EMD and bank guarantees be returned within 15 days

April 23, 2026

/ Rakesh Ranjan
/ Markets & Policy, Solar
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The Maharashtra Electricity Regulatory Commission (MERC) has allowed Mindspace Business Parks, Gigaplex Estate, and KRC Infrastructure and Projects to withdraw their request for approval of a long-term power purchase agreement (PPA) to procure 60 MW of wind-solar hybrid power.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
HybridMaharashtraMERCOrderPPASolarTariffwind
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