Noida Power Company Limited (NPCL) has received approval from the Uttar Pradesh Electricity Regulatory Commission (UPERC) for a short-term solar power procurement plan aimed at strengthening renewable energy adoption and ensuring a stable power supply for consumers. The decision, finalized after a hearing on December 11, 2025, allows NPCL to adopt a discovered tariff and formalize a Power Purchase Agreement (PPA) for 50 MW of solar energy.
The procurement is scheduled between April 1, 2026, and September 30, 2026, in response to a projected power deficit during the high-demand months of 2026. NPCL expects peak round-the-clock requirements to reach nearly 700 MW in July. To address this gap and meet its Renewable Purchase Obligation (RPO), the company initially sought bids for up to 100 MW.
The selection of the solar supplier was conducted through a competitive bidding and reverse auction process on the DEEP portal. While the initial e-reverse auction faced technical issues, a subsequent auction held on September 3, 2025, successfully identified Energy Edge Power Trading Private Limited (EEPTPL) as the primary supplier. EEPTPL, sourcing power from India Power Company Limited in West Bengal, offered a competitive rate of โน3.15 per kWh at the Northern Regional Periphery.
The landed rate at the NPCL bus, which includes transmission charges and losses, is estimated at approximately โน3.63 per unit under General Network Access (GNA) and โน4.18 per unit under Temporary-GNA (T-GNA). NPCLโs Standing Committee found these rates highly competitive, especially when compared with recent market trends, including G-TAM and G-DAM weighted average rates that fluctuate between โน3.50 and โน8.00 per unit.
The Commissionโs approval specifically covers the 50 MW provided by EEPTPL for the six-month period. NPCL indicated that although bids were initially invited for October 2026 as well, that month is considered a lean period, and procurement for that period may be considered later. Any residual power demand not covered under this agreement will be addressed through power exchanges or the purchase of Renewable Energy Certificates to ensure full compliance with RPO obligations.
The approval and execution of the PPA on September 19, 2025, following the Standing Committee’s certification, enable NPCL to provide a reliable and stable power supply to consumers in Greater Noida. The initiative also aligns with the Ministry of Powerโs revised short-term bidding guidelines, reflecting a continued effort to support renewable energy integration while maintaining grid stability and meeting consumer needs.
The project demonstrates NPCLโs commitment to sustainable energy procurement and efficient power management during high-demand periods, ensuring that Greater Noidaโs electricity requirements are met reliably while adhering to regulatory and environmental standards.
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