GERC fixes tariff for solar power projects

PTI | 10:01 PM,Jan 27,2012

Ahmedabad, Jan 27 (PTI) Gujarat Electricity Regulatory
Commission (GERC) today said that it has fixed the tariff for
the solar power projects that will hold for next three years.
The control period for the proposed tariff is from
January 29, 2012 to March 31, 2015, an official statement
said.
The levelized tariffs under various categories range
from Rs 8.03 per unit to Rs 11.55 per unit,the statement said.
In view of the declining trend in the prices of solar
photovoltaic (PV) globally, the commission has decided to
reduce the tariff by seven per cent every year, during the
second and third years of the control period, it said.
The seperate tariff determined and proposed by the
commission are for solar PV MW-based power projects, solar PV
KW-based rooftop power projects, and solar thermal-based power
projects.
The solar power projects, established with only new
plants and machinery, would be eligible for the benefit of
tariff determined within the scope of this solar tariff order.
In order to promote KW scale rooftop solar projects,
no wheeling charges shall apply for wheeling of power,
generated by rooftop power projects, it said.
No cross-subsidy surcharges shall be levied in case of
third-party sale by the solar power projects, an official
statement said.
The decision of the regulator comes in the wake of the
changing trends in the field and keeping in view interest of
all the stakeholders, it said.
Earlier, the commission had fixed the power tariff for
solar power projects to be commissioned between January 29,
2010 and January 28, 2012 vide its order issued in January
last year.

Article source: http://ibnlive.in.com/generalnewsfeed/news/gerc-fixes-tariff-for-solar-power-projects/956916.html

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