PetroSolar gets ERC OK for FIT eligibility

PetroSolar Corp. has clinched regulatory approval for a guaranteed payment for its 50-megawatt (MW) solar power plant, adding to a list of assured revenue streams for the company.

The company said it was granted the certificate of compliance as a feed-in-tariff (COC-FIT) eligible power plant by the Energy Regulatory Commission (ERC) for its 50-MW solar farm.

Read more here.

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