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CERC Generic Tariff for RE Technologies for FY 2016-17

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HIGHLIGHTS

 

TARIFF PERIOD

Wind

13 Years

Solar PV and Solar Thermal Power Projects

25 Years

Biomass gasifier, Biogas, Municipal solid waste and Refuse derived fuel based power projects

13 Years

Small Hydro (>5 MW)

13 Years

Small Hydro (

35 Years

Municipal solid waste (MSW) and Refuse derived fuel (RDF) based power projects

20 Years

Capital Cost

 

Technology

In Lakh/MW (FY 2016-17)

Wind

Rs. 619.80 Lakh/MW  

Small Hydro

Himachal Pradesh, Uttarakhand, NE states

 

5 MW to 25 MW – Rs 754.55 Lakh/MW

 Other states

 

5 MW to 25 MW – Rs 592.86 Lakh/MW

Biomass Power Projects based

on Rankine Cycle Technology

project other than rice straw and juliflora (plantation) based project

water cooled condenser - Rs 559.03 Lakh/MW

air cooled condenser - Rs 600.44 Lakh/MW

rice straw and juliflora (plantation)

water cooled condenser - Rs 610.80 Lakh/MW 

air cooled condenser - Rs 652.20 Lakh/MW

Non-fossil fuel based Cogeneration Projects

Rs. 452.75 Lakh/MW

Solar PV Power Project

Rs 530.02 Lakh/MW (for 2016-17)

Solar Thermal

Rs. 1200 Lakh/MW

Biomass Gasifier Power Projects

Rs 592.88 Lakh/MW

(After taking into account of capital subsidy net project cost shall be Rs.  442.88 Lakh/MW for FY 2012-13)

Biogas based Power Projects

Rs. 885.76 Lakh/MW

(After taking into account of capital subsidy net project cost shall be Rs. 800 Lakh/MW for FY 2012-13)

Power Projects Using Municipal Solid Waste

Rs 1500 lakh/MW

(For 2015 -16. For the remaining years of the control period, capital cost shall be reviewed on annual basis)

Power Projects Using Refuse Derived Fuel

Rs 900 lakh/MW

(For 2015 -16. For the remaining years of the control period, capital cost shall be reviewed on annual basis)

Loan Tenure

12 years

Interest Rate

12.76% for 2016-17

Return on Equity

The normative Return on Equity shall be:

o   20% per annum for the first 10 years

o   24% per annum 11th year onwards

Interest on Working Capital

13.26% for 2016-17

Operation and Maintenance Expenses

 

Wind

Rs. 11.24 Lakh/MW

Small Hydro

Himachal Pradesh, Uttarakhand, NE states

 

5 MW to 25 MW – Rs 22.49 Lakh/MW 

Other states

 

5 MW to 25 MW – Rs 17.49 Lakh/MW

Biomass Power Projects based on Rankine Cycle Technology

47.26 Lac/MW

Non-fossil fuel based Cogeneration Projects

Rs. 19.99 Lakh/MW

Solar PV Power Project

Rs. 7.00 Lakh /MW

Solar Thermal

Rs.18.74 Lakh/MW

Biomass Gasifier Power Projects

Rs. 49.97 lakh/MW

Biogas based Power Projects

Rs. 49.97 lakh/MW

Power Projects Using Municipal Solid Waste

Normative O&M expenses for FY 2015-16 shall be 6% of normative capital cost to be escalated @ 5.72% per annum.

Power Projects Using Refuse Derived Fuel

Capacity utilization Factor/Plant Load Factor

Wind

Annual Mean Wind Power Density (W/m2)

 

  

Upto 200

20%

201-250

22%

251-300

25%

301-400

30%

> 400

32%

Small Hydro

Himachal Pradesh, Uttarakhand, NE states

45%

Other States

30%

Biomass Power Projects based

on Rankine Cycle Technology

During Stabilization

60%

During the remaining period of the first year (after stabilization)

70%

From 2nd Year onwards

80%

Non-fossil fuel based Cogeneration Projects

Uttar Pradesh and

Andhra Pradesh

120 days (crushing) + 60

days (off-season) = 180 days

operating days

45%

Tamil Nadu and

Maharashtra

180 days (crushing) + 60

days (off-season) = 240

days operating days

60%

Other States

150 days (crushing) + 60

days (off-season) = 210

days operating days

53%

 

Solar PV Power Project

 

19%

Solar Thermal

 

23%

Biomass Gasifier Power Projects

 

85%

Biogas based Power Projects

 

90%

Power Projects Using Municipal Solid Waste

During Stabilization

65%

During the remaining period of the first year (after stabilization)

65%

From 2nd Year onwards

75%

Power Projects Using Refuse Derived Fuel

During Stabilization

65%

During the remaining period of the first year (after stabilization)

65%

From 2nd Year onwards

80%

Auxiliary Consumption

Wind

N/A

Small Hydro

1.0%





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