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Karnataka Renewable Energy Tariff Orders (Consolidated)

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HIGHLIGHTS

 

Tariff Period

Technology

No. of Years

Wind

Not available

Mini-hydel

35

Bagasse based co-generation.

20

Biomass-based on Rankine cycle (water-cooled condenser).

20

Solar rooftop and small PV power plants, grid-connected megawatt-scale solar power plants.

25

 

Control Period

Technology

Period

Wind

1 April 2019 to 31 March 2020.

Solar rooftop and small PV power plants, grid-connected megawatt-scale solar power plants.

Mini-hydel, bagasse based co-generation, biomass-based on Rankine cycle (water-cooled condenser).

1 April 2018 to 31 March 2021.

MSW to Energy

19 September 2016 to 31 March 2019.

 

Useful Life of a Plant

Technology

No. of Years

Wind, solar rooftop and small PV power plants and grid-connected megawatt-scale solar power plants.

25

Mini-hydel

35

Bagasse based co-generation, biomass-based on Rankine cycle (water-cooled condenser), MSW to Energy.

20

 

Technology-wise Gross Tariff

Technology

Gross Tariff

(in Rs./kWh)

Wind

3.45

Mini-hydel

3.95

Bagasse based co-generation

Fixed cost

1.77

Variable cost (FY 2018-19)

1.82

Variable cost (FY 2019-20)

1.92

Variable cost (FY 2020-21)

2.03

Biomass-based on Rankine cycle (water-cooled condenser)

Fixed cost

2.19

Variable cost (FY 2018-19)

3.36

Variable cost (FY 2019-20)

3.55

Variable cost (FY 2020-21)

3.76

Biomass-based on Rankine cycle (air-cooled condenser)

Fixed cost

2.07

Variable cost (FY 2018-19)

3.28

Variable cost (FY 2019-20)

3.47

Variable cost (FY 2020-21)

3.66

Megawatt scale solar PV projects below 5 MW capacity, FY 2019-20

3.08

Solar rooftop PV projects of 1 kW to 2000 kW

Without capital subsidy

3.07

With capital subsidy

2.32

Domestic consumer   1 kW to 10 kW

Without capital subsidy

3.99

With capital subsidy

2.97

MSW to Energy

7.08

 

Capital Cost

Technology

Capital Cost

Wind (Rs.Lakh/MW)

575.00

Mini-hydel (Rs.Lakh/MW)

633.00

Bagasse based co-generation (Rs. Lakh/MW).

470.00

Biomass-based on Rankine cycle (water-cooled condenser) (Rs.Lakh/MW).

576.00

Biomass-based on Rankine cycle (air-cooled condenser) (Rs.Lakh/MW).

586.00

Solar rooftop and small PV power plants (Rs./kW).

45000.00

Grid-connected megawatt-scale solar PV plants (Rs.Lakh/MW).

340.00

1 kW to 2000 kW SRTPV non-domestic consumer (Rs./kW).

32800.00

MSW to Energy (Rs.Lakh/MW).

1700.00

 

Operation and Maintenance (O&M) Expenses

Technology

O&M Cost for FY 2018-19

Wind (Rs.lakh/MW)

10.00

Mini-hydel (Rs.lakh/MW)

14.66

Bagasse based co-generation (Rs.Lakh/MW).

14.10

Biomass-based on Rankine cycle (water-cooled condenser) (Rs.Lakh/MW).

28.80

Biomass-based on Rankine cycle (air-cooled condenser) (Rs.Lakh/MW).

23.44

Solar rooftop and small PV power plants (Rs.Lakh/kW)*

0.006

Grid-connected megawatt-scale solar PV plants (Rs.Lakh/MW)*

4.50

MSW to Energy (% of capital cost)

6%

*An annual escalation at the rate of 5.72% shall be considered.

Capacity Utilization Factor (CUF)

Technology

CUF (%)

Wind

29

Mini-hydel

30

Bagasse based co-generation.

60

Biomass based on Rankine cycle (water cooled condenser).

75

Biomass based on Rankine cycle (air cooled condenser).

75

Solar rooftop and small PV power plants.

19

Grid-connected megawatt-scale solar PV plants.

19

MSW to Energy

65 (1st year)

75 (balance useful life)

 

Auxiliary Consumption

Technology

Aux. Con. (%)

Wind

0.50

Mini-hydel

1.00

Bagasse based co-generation.

8.50

Biomass based on Rankine cycle (water cooled condenser).

10.00

Biomass based on Rankine cycle (air cooled condenser).

10.00

Solar rooftop and small PV power plants.

0.00

Grid-connected megawatt-scale solar PV plants.

0.25

MSW to Energy

12.00

 

Interest Rate on Loans

Technology

Rate of Interest (%)

Wind, solar rooftop and small PV power plants, grid-connected megawatt-scale solar PV plants.

10.50

Mini-hydel, bagasse based co-generation, biomass-based on Rankine cycle (water-cooled condenser), biomass-based on Rankine cycle (air-cooled condenser).

10.50

MSW to Energy

12.00

 

Depreciation

  • 5.38% for the first 12 years and 2.50% for the balance 8 years for MSW to energy plants.
    • 5.38% for the first 13 years and remaining depreciation spread over the residual useful life of the project for all other technologies.
    • 5.81% for ground-mounted and 5.38% for SRTPV for the first 13 years.

Return on Equity

  • 16% per annum for MSW to energy projects.
    • 14% with a tax on RoE as a pass-through for all other technologies.
    • 14% of RoE on equity amount of project.

Interest on Working Capital

Technology

Rate of Interest (%)

Wind, solar rooftop and small PV power plants, grid-connected megawatt-scale solar PV plants.

11.50

Mini-hydel, bagasse based co-generation, biomass-based on Rankine cycle (water-cooled condenser), biomass-based on Rankine cycle (air-cooled condenser).

11.50

MSW to Energy

12.50

 

Specific Fuel Consumption

Technology

Value (kg/kWh)

Bagasse based co-generation plant.

1.60

Biomass-based on Rankine cycle (water-cooled condenser).

1.21

Biomass-based on Rankine cycle (air-cooled condenser).

1.18

 

Fuel Cost

Technology

Cost (Rs./MT)

FY 2018-19

Bagasse based co-generation plant.

1,039.00

Biomass-based on Rankine cycle (water-cooled condenser).

2,500.00

Biomass-based on Rankine cycle (air-cooled condenser).

2,500.00

 

 

OTHER PROVISIONS

 

Tariff Structure and Design

Generic, single part, levelised tariff.

Merit Order Despatch Principle

Mini-hydel, wind.

Subsidy or/and Incentives by Government

Not available

Rebate

Not available

Late Payment Surcharge

Not available

Links

http://www.karnataka.gov.in/kerc/Pages/Generic%20Tariff%20Orders.aspx

http://www.karnataka.gov.in/kerc/Miscellaneous%20Orders%20%202018/Forms/AllItems.aspx?RootFolder=%2Fkerc%2FMiscellaneous%20Orders%20%202018%2FOrders%20-%202018&FolderCTID=0x0120002933890377E5CF48AAB0FF7E90C1F7C6&View=%7BD6DAD114-C388-4A03-A65C-CB64ED3A6CF1%7D&InitialTabId=Ribbon%2EDocument&VisibilityContext=WSSTabPersistence

References

http://www.karnataka.gov.in/kerc/Documents/RE%20Tariff%20Order%202018.pdf

http://www.karnataka.gov.in/kerc/Miscellaneous%20Orders%20%202018/Orders%20-%202018/Determination%20of%20tariff%20and%20other%20norms%20in%20respect%20of%20new%20Solar%20Power%20Projects.pdf

http://www.karnataka.gov.in/kerc/Miscellaneous%20Orders%20%202018/Orders%20-%202018/Generic-Tariff-for-Wind-Power-Project-2018.pdf

http://www.karnataka.gov.in/kercold/Downloads/COURT-ORDERS-2016/MSW_FINAL_Order-OP_20_2016-19.09.2016.pdf

https://www.karnataka.gov.in/kerc/Documents/Dated%2019.12.2018-%20Revision%20of%20tariff%20in%20respect%20of%20solar%20Rooftop%20of%20%201%20to%2010kW-Order.pdf

Solar Tariff order FY2019-20 Dated: 2019-08-19

https://www.karnataka.gov.in/kerc/Documents/Determination%20of%20tariff%20in%20respect%20of%20SOlar%20Power%20Projects%20(including%20Solar%20Rooftop%20Photovoltaic%20Projects%20for%20FY20.pdf

 

 

*Karnataka does not have technology-wise regulations. Data from different orders have been compiled in this summary.

 

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