What sectors does Growthifye cover?

We work across the clean-energy value chain — utility-scale solar and wind, battery energy storage (BESS), power transmission networks, and the green financing structures that fund them.

Do you handle both engineering and financing?

Yes. Our differentiator is combining engineering-led advisory and EPC with an in-house green financing and debt syndication desk, so technical and financial workstreams stay aligned all the way to financial close.

Can you support transmission and grid connection?

Absolutely. We engineer HV substations and transmission lines, run grid connection and evacuation studies, and manage the interface with utilities and grid operators.

What does green financing include?

Sustainability-linked loans, green debt, blended finance and non-recourse project finance — structured, syndicated and negotiated to secure competitive, long-tenor capital.

How do we start working with you?

Share your project or mandate through the contact form or WhatsApp. We'll set up a discovery call and outline a tailored engagement across advisory, engineering, EPC or financing.

All MPERC orders

Original order PDF

GROWTHIFYE ONE-PAGER·MPERC · Madhya Pradesh·tariff order·Case 22/2025·Order dated 2025-08-13

MPERC adopts KUSUM-C solar tariffs of ₹2.94/kWh (4th & 5th tenders) and ₹2.42/₹2.55/kWh (6th tender clusters) for 440.3 MW under Section 63

Petition under section 63 of the Electricity Act, 2003 for adoption of tariff of Grid Connected Solar PV Systems selected through competitive bidding process for sale of power within the State in terms of the Guidelines for Implementation of Feeder Level Solarization under Component-C of PM-KUSUM Scheme (Office Memorandum F. No. 32/645/2017-SPV Division) issued by the Ministry of New and Renewable Energy, Government of India on 04.12.2020. (Petitioner: 1) M.P. Urja Vikas Nigam Limited)

Background · what was sought

MPUVNL, as MNRE-designated nodal agency for PM-KUSUM Component-C feeder-level solarization, floated six tenders to develop ~1250 MW grid-connected solar plants at 33/11kV substations for sale to MPPMCL. Tariffs for the first three tenders were already adopted in 2023. This petition sought Section 63 adoption of tariffs discovered via competitive bidding/reverse auction for the 4th, 5th and 6th tenders, to help MPPMCL meet rising RPO (other RE) obligations (23-28% during 2022-30) and expand solar capacity in MP.

What the Commission decided

Adopted ₹2.94/kWh for 4th Tender (82.9 MW) and ₹2.94/kWh for 5th Tender (157.4 MW) under Section 63.
Adopted reverse-auction discovered tariffs for 6th Tender (cluster mode): Agar cluster ₹2.42/kWh (100 MW) and Sagar cluster ₹2.55/kWh (100 MW).
No bids received for Morena cluster under 6th Tender - no tariff adopted for it.
Held bidding process transparent and compliant with MNRE Guidelines dated 04.12.2020, satisfying Section 63 requirements.
Directed PPAs to be signed within 30 days of the order; signed copies to be filed with Commission by Respondent.
Directed that solar power procured under KUSUM-C be counted towards MPPMCL/Discoms' RPO compliance per MPERC (Cogeneration & Generation from RE Sources) Regulations, 2021 as amended.

Way forward agreed by the Commission

Petitioner and Respondent to execute Power Purchase Agreements within 30 days of order dated 13.08.2025.
Respondent (MPPMCL) to file signed PPA copies with MPERC subsequently.
Petitioner to finalize substation connectivity (33/11 kV) and DCR compliance issues per MNRE guidelines dated 17.01.2024, as reconciled with MPPMCL.
Project completion to follow MNRE-mandated 24-month overall timeline (18 months from LoA) with scheme sunset by 31.03.2026.
Tariff/adoption for Morena cluster (6th Tender) remains open as no bids were received; MPUVNL may need to re-tender.
Solar power procured to be accounted for RPO compliance per MPERC RE Regulations, 2021 (as amended).

What it means for C&I buyers, OA users & developers

• C&I open-access/RE developers now have a clear tariff benchmark (~₹2.42-2.94/kWh) for feeder-level solarization projects in MP, useful for comparing PPA economics on similar agri-feeder solar models.
• Discoms (MPPMCL) gain low-cost RE supply (below average pooled solar cost of ₹3.20/kWh) that counts toward RPO, potentially easing green power procurement pressure and indirectly benefiting C&I RPO compliance via banking/REC mechanisms.
• Developers bidding under cluster/reverse-auction mode (as in 6th Tender) should note MPERC's preference for reverse auction over negotiation for price discovery in multi-site cluster tenders.
• CFA eligibility is tied to connectivity at 33/11kV (or higher) distribution substations; developers must structure connectivity choices carefully to preserve central financial assistance eligibility.

Growthifye take

This is a routine but instructive Section 63 tariff adoption showing MPERC's comfort with reverse auctions delivering tariffs (₹2.42-2.55/kWh) meaningfully below negotiated tender tariffs (₹2.94/kWh) and well below Discom's average solar procurement cost. For developers eyeing agri-feeder or distributed solar models in MP, the cluster/reverse-auction route appears more price-competitive than standard negotiation-based bidding. The prolonged inter-agency reconciliation on connectivity/CFA and PPA delays (6th Tender) also flags execution risk in government-to-government coordination that bidders should price into project timelines.

Growthifye does not take responsibility for the accuracy of this information. Values are compiled from tariff orders published on the websites of State Electricity Regulatory Commissions and distribution licensees (plus CEA / MoP / Grid-India), parsed automatically and shown with their source. Always verify against the signed order before any commercial decision. This one-pager is a Vidura-assisted summary of the official order; the signed order prevails.