Renewable Energy
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HIGHLIGHTS |
Tariff Period | 25 years. |
Control Period |
|
Useful Life of a Plant | 25 years. |
Net Tariff | Not available |
Capital Cost |
|
Operation and Maintenance Expenses (O&M) |
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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 previous year plus 350 basis points. |
OTHER PROVISIONS |
Tariff structure and design | Levellised, single part tariff. |
Merit Order Despatch Principle | ‘Must run’power plants and hence not subject to merit order despatch principles. |
Subsidy or/and incentives by government | Any incentive or subsidy provided by the central or state government including generation based incentive and accelerated depreciation benefit would be taken into consideration. |
Rebate |
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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://www.derc.gov.in/Regulations/DERCRegulations/Regulations%202013/Grid%20Connected |
About Portal
'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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