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HIGHLIGHTS |
Tariff Period | 25 years. | |
Control Period | FY 2016-17 to FY 2018-19. | |
Useful Life of a Plant | 25 years. | |
Technology-wise Net Tariff | Technology | Net Tariff(Rs./kWh) for FY 2016-17 |
Solar PV | 5.08 | |
Solar thermal | 10.77 | |
| ||
Capital Cost | Technology | Capital Cost (in Rs.lakh/MW) for FY 2016-17 |
Solar PV | 530.02 | |
Solar thermal | 1200.00 | |
| ||
Operation and Maintenance Expenses (O&M) | Technology | O&M Cost (in Rs.lakh/MW) for FY 2016-17 |
Solar PV | 7.00 | |
Solar thermal | 18.74 | |
Escalation rate is 5.72% per annum. | ||
Interest Rate on Loans | State Bank of India average base rate prevalent during first six months of previous year plus 300 basis points. | |
Depreciation | 7% for first 10 years and remaining depreciation spread over residual useful life of the project. | |
Return on Equity |
| |
Interest on Working Capital | State Bank of India average base rate prevalent during first six years of the previous year plus 350 basis points. |
OTHER PROVISIONS |
Tariff structure and design | Single part,levellised, tariff for the tariff period. |
Despatch principle | All plants are “must run” and shall not be subject to ‘merit order despatch’. |
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 | |
References | http://berc.co.in/media/Regulation/1st%20amendment-solar%20energy.pdf http://berc.co.in/media/Regulation/second%20amendment-solar%20energy%20sources.pdf http://berc.co.in/media/Regulation/3rd%20amend-solar%20energy%20sources.pdf http://berc.co.in/media/Regulation/4th%20amendment-solar%20energy%20sources.pdf |
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'All About Renewables' aims to bring about a change in the way we 'look and search' for data on renewables today, by providing access to the latest developments in the renewable energy sector (specifically renewable electricity), along with cross-linkages to the conventional energy sector, all on one single platform... Read More
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