The Gujarat Electricity Regulatory Commission (GERC) has approved a petition filed by GIFT Power Company Ltd (GIFTPCL), a subsidiary of Gujarat International Finance Tec-City Company Ltd, seeking to extend its short-term power purchase agreement (PPA) with M/s PCBL for 4 MW of round-the-clock (RTC) power supply. The extension covers the period from June 1, 2025, to May 31, 2026, at a revised tariff of ₹5.20 per unit, under the Medium Term Open Access (MTOA) framework. https://www.saurenergy.com/solar-energy-news/gift-city-to-continue-getting-green-power-for-short-term