Petition for determination of tariff of balance period of 10 years of PPA for its Solar PV plant
Petition filed under Section 62 (1) (a) of the Electricity Act, 2003 and provisions of RERC (Terms and Conditions for Determination of Tariff for Renewable Energy Sources -Wind and Solar Energy) Regulations, 2014 for determination of tariff of balance period of 10 years of PPA for its Solar PV plant.
Solar Power Projects (For projects commissioned under Generation based incentive scheme of Govt of India)
The total tariff payable by Discoms to the solar power producer for projects commissioned under Generation Based Incentive of Govt of India shall be as under:
A. Tariff for first 10 years from COD
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B. Tariff after10 years from COD
The tariff after 10 years from COD shall be equivalent to the tariff paid by Distribution Licensee for procurement of power during 10th
year of operation from COD of the project excluding GBI Incentive i.e., Rs. 4.81/kWh (Rs. 4.03/kWh + Additional Rs. 0.78/kWh) for the
remaining tenure of PPA. In case the Solar Project Developer does not want to supply power to Distribution Licensees at this tariff, Solar Project Developer is free to sell power to any other entity.
19. As per above provision, tariff allowed after 10 years from CoD of the project would be applicable for Petitioner‟s solar power plant w.e.f.
01.04.2020. In view of above, the petition does not survive.
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