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HIGHLIGHTS |
| Tariff Period | Technology | Years | |
| Wind, small hydro (5 MW to 25 MW), biomass based on Rankine cycle, non-fossil fuel based cogeneration. | 13 | ||
| Biomass gasifier and biogas | 20 | ||
| Solar PV and solar thermal | 25 | ||
| Small hydro below 5 MW | 35 | ||
| Control Period | 5 years, of which the first year shall end on 31.03.2013. | ||
| Useful Life of a Plant | Technology | Years | |
| Non-fossil fuel based cogeneration, biomass based on Rankine cycle, biomass gasifier, biogas. | 20 | ||
| Wind, solar PV, solar thermal | 25 | ||
| Small hydro | 35 | ||
| Technology-wise Net Tariff (Rs./kWh) | Not available | ||
| Capital Cost |
| ||
| Technology | Capital Cost (in Rs.lakh/MW) | ||
| Wind | 575 | ||
| Small hydro below 5 MW | 770 | ||
| Small hydro (5 MW to 25 MW) | 700 | ||
| Biomass based on Rankine cycle technology (water-cooled condenser) | 445 | ||
| Non-fossil fuel based cogeneration | 420 | ||
| Solar PV | 1000 | ||
| Solar thermal | 1300 | ||
| Biomass gasifier | 550 | ||
| Biogas | 1100 | ||
| Operation and Maintenance (O&M) Expenses | Technology | O&M Cost (in Rs.Lakh/MW) for FY 2012-13 | |
| Wind | 9 | ||
| Small hydro below 5 MW | 25 | ||
| Small hydro (5 MW to 25 MW) | 18 | ||
| Biomass based on Rankine cycle (with water-cooled condenser) | 24 | ||
| Non-fossil fuel cogeneration | 16 | ||
| Solar PV | 11 | ||
| Solar thermal | 15 | ||
| Biomass gasifier | 40 | ||
| Biogas | 40 | ||
| O&M cost is escalated at 5.72% per annum. | |||
| Interest Rate on Loans | Average State Bank of India base rate prevalent during first six months of the previous year plus 300 basis points. | ||
| Depreciation | 5.83% for first 12 years and remaining depreciation spread over residual useful life of the project. | ||
| Return on Equity |
| ||
| Interest on Working Capital | Average State Bank of India base rate prevalent during first six months of the previous year plus 350 basis points. | ||
OTHER PROVISIONS |
| Tariff structure and design | Generic, levellised tariff for the tariff period |
| Subsidy or/and incentives by government | Any incentive or subsidy provided by the central or state government including accelerated depreciation benefit would be taken into consideration for determination of tariff. |
| Rebate |
|
| Late payment surcharge | 1.25% per month, for payment of bills beyond a period of 60 days from the date of billing. |
| Links | http://www.aerc.nic.in/Regulations.htm |
| References | http://www.aerc.nic.in/AERC_RE_Tariff_Regulations_2012.pdf |
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