Uttar Pradesh Approves Tariff for 5 MW Concentrated Solar Power ProjectJun 9, 2026

The project will supply up to 40 MWh a day of power

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The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved a power purchase agreement (PPA) entered into by a developer with Uttar Pradesh Power Corporation (UPPCL) for a 5 MW concentrated solar power pilot project in Unnao with a tariff of ₹4.73 (~$0.05)/kWh.

The Commission cited the project’s ability to supply firm renewable power during peak hours and support Uttar Pradesh’s rising renewable purchase obligations.

In November 2024, Cosmicwave approached the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) to set up a pilot 5 MW concentrated solar project in Unnao under the Uttar Pradesh Solar Power Policy, 2022.

In May 2025, UPNEDA informed UPPCL about the proposed concentrated solar project and asked it to take necessary action.

Later that month, Cosmicwave shared key project details with UPPCL, including the 5 MW capacity, a proposed tariff of ₹4.73 (~$0.05)/kWh, and daily supply of up to 40 MWh during peak hours.

In July 2025, UPPCL held a meeting with Cosmicwave to discuss the commercial and technical aspects of the proposed project. The company stated that the tariff would remain fixed unless molten salt prices rose unexpectedly and would be reviewed every five years.

UPPCL gave in-principle consent in August 2025 to procure power from the proposed project, subject to UPERC’s approval or tariff determination.

UPPCL’s average power purchase cost for renewable energy was ₹3.62 (~$0.038)/kWh. Cosmicwave proposed a purchase tariff of ₹4.73 (~$0.05)/kWh for the project.

Cosmicwave approached UPERC to seek approval for its PPA and the tariff.

It submitted that concentrated solar projects use mirrors or lenses to concentrate sunlight, heat molten salt, generate steam, and run a turbine. It said this gives concentrated solar a different cost structure, higher capital expenditure, and more complex equipment requirements than conventional solar projects.