Deals Counterparts

UPPERC allows UPPCL to withdraw solar PPA with Vibhuti Infraprojects for legal correction

Ppa Solar announced Lucknow, India Apr 6, 2026
2 MW
Capacity

The Uttar Pradesh Electricity Regulatory Commission (UPPERC) dismissed a petition filed by UPPCL concerning a solar energy agreement. The commission permitted UPPCL to withdraw the petition, which was related to a Supplementary Power Purchase Agreement (PPA) with Vibhuti Infraprojects. The withdrawal was allowed to facilitate legal corrections concerning the signing authority for the agreement. UPPCL intends to rectify these issues and resubmit the PPA for approval.

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Deal Analysis

On April 6, 2026, the Uttar Pradesh Electricity Regulatory Commission (UPPERC) permitted UPPCL to withdraw a petition concerning a solar Supplementary Power Purchase Agreement (PPA) with Vibhuti Infraprojects in India. UPPCL, the off-taker, intends to rectify legal corrections related to the signing authority for the agreement. The Uttar Pradesh Electricity Regulatory Commission (UPPERC) is a statutory body established in 1998 to regulate the electricity sector in Uttar Pradesh, India. UPPCL plans to resubmit the PPA for approval after addressing these issues.
  • Announced: 2026-04-06
  • Technology/Sector: Solar
  • Location: India
  • Counterparts: UPPCL, Vibhuti Infraprojects, Uttar Pradesh Electricity Regulatory Commission (UPPERC)
  • Regulatory Body: Uttar Pradesh Electricity Regulatory Commission (UPPERC) established in 1998

Source Intelligence

KEY DETAILS

The withdrawal was allowed to facilitate legal corrections concerning the signing authority for the agreement. UPPCL intends to rectify these issues and resubmit the PPA for approval. The need for this supplementary agreement arose after the solar power business of Technical Associates Limited was demerged. As per an order issued by the National Company Law Tribunal on June 3, 2025, the solar business, including a 2 MW solar project, was transferred to VIPL. The Commission raised an important issue related to the execution of the agreement. It pointed out that the original PPA for the project, signed on August 14, 2010, was executed by Madhyanchal Vidyut Vitran Nigam Limited, which is the concerned distribution company. However, the new Supplementary PPA had been executed by UPPCL instead of MVVNL. The Commission accepted this request and allowed the withdrawal of the petition. As a result, the case was dismissed as withdrawn on March 25, 2026.

Capacity
the solar business, including a 2 MW solar project, was transferred to VIPL.
Location
The case, registered as Petition No. 2324 of 2025, was heard in Lucknow by a bench comprising Chairman Arvind Kumar and Member Sanjay Kumar Singh.
PPA Details
This agreement was signed between UPPCL and Vibhuti Infraprojects Private Limited.
Signing
This agreement was signed between UPPCL and Vibhuti Infraprojects Private Limited.
PARTIES MENTIONED IN SOURCE
U
Uttar Pradesh Electricity Regulatory Commission (UPPERC) regulator

"The Uttar Pradesh Electricity Regulatory Commission (UPPERC) has dismissed a petition filed by Uttar Pradesh Power Corporation Limited regarding the approval of a solar energy agreement, after allowing the utility to withdraw its request."

U
Uttar Pradesh Power Corporation Limited (UPPCL) borrower

"The Uttar Pradesh Electricity Regulatory Commission (UPPERC) has dismissed a petition filed by Uttar Pradesh Power Corporation Limited regarding the approval of a solar energy agreement, after allowing the utility to withdraw its request."

V
Vibhuti Infraprojects Private Limited developer

"This agreement was signed between UPPCL and Vibhuti Infraprojects Private Limited."

T
Technical Associates Limited previous_owner

"The need for this supplementary agreement arose after the solar power business of Technical Associates Limited was demerged."

M
Madhyanchal Vidyut Vitran Nigam Limited distribution_company

"the original PPA for the project, signed on August 14, 2010, was executed by Madhyanchal Vidyut Vitran Nigam Limited, which is the concerned distribution company."

high quality Enriched Apr 6, 2026

Timeline

Announced
Apr 6, 2026
Signed
Sep 10, 2025
Closed

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