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Rajasthan Renewable Energy Tariff Orders, 2016

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HIGHLIGHTS

 

Tariff Period

Technology

Years

Wind, solar PV, solar thermal

25

Biomass, biomass gasifier, biogas

20

 

Control Period

  • Wind and solar projects - 01.04.2014 till 31.03.2019.

  • Biomass and biogas projects - 01.04.2015 till 31.03.2019. 

Useful Life of a Plant

Technology

Year

Wind, solar pv, solar thermal

25

Biomass, biomass gasifier, biogas

20

 

Technology-wise Net Tariff

Technology

Net Tariff
(in Rs./kWh)

Wind (Jaisalmer, Barmer, Jodhpur)

5.16

Wind (other than Jaisalmer, Barmer, Jodhpur)

5.42

Solar PV

4.85

Solar thermal

10.34

Biomass with water cooled condenser

6.66

Biomass with air cooled condenser

7.21

Biogas

7.56

Biomass gasifier

6.06

 

Capital Cost

Technology

Capital Cost
(in Rs.lakh/MW)

Wind

579.84

Solar PV

518.59

Solar thermal

1182.30

Biomass with water cooled condenser

540.79

Biomass with air cooled condenser

575.85

Biogas

885.36

Biomass gasifier

458.13

 

Operation and Maintenance (O&M) Expenses

Technology

O&M Expenses (in Rs.lakh/MW)

Wind

8.82

Solar PV

7.00

Solar thermal

18.79

Biomass with water cooled condenser

37.72

Biomass with air cooled condenser

40.22

Biogas

50.04

Biomass gasifier

50.04

  • Escalation in O&M is 5.85% per annum.

Interest Rate on Loans

12.76%

Depreciation

5.83% for the first year and remaining depreciation spread over residual useful life of the plant.

Return on Equity

16% per annum. 

Interest on Working Capital

12.26%  

 

OTHER PROVISIONS

 

Tariff structure and design

Single part, levellised tariff.

Despatch principle

‘Must Run’ plants and hence not subject to merit order dispatch principle. 

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.

Rebate

  • 2% - for payment of bills through letter of credit or by cash/cheque within three working days of presentation of bills.

  • 1% - for payment of bills through letter of credit or by cash/cheque beyond three working days but within thirty days of presentation of bills.

Late payment surcharge

1.25% per month, calculated on a daily basis, for payments beyond 45 days from date of presentation of bills.

Links

http://rerc.rajasthan.gov.in/

References

http://rerc.rajasthan.gov.in/Regulations/Reg87.pdf

http://rerc.rajasthan.gov.in/Regulations/Reg79.pdf

http://rerc.rajasthan.gov.in/TariffOrders/Order239.pdf

http://rerc.rajasthan.gov.in/TariffOrders/Order249.pdf

http://rerc.rajasthan.gov.in/TariffOrders/Order248.pdf

 

  • Rajasthan do not have technology wise tariff regulations. The current summary is the compilation of various tariff orders published by RERC.

 

 

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