Tariff of Rs. 4.50/kwh determined by KERC is applicable to the Wind Power Projects of the appellants for a period of 25 years

Tariff of Rs. 4.50/kwh determined by KERC is applicable to the Wind Power Projects of the appellants for a period of 25 years

CONCLUSION

84. For the foregoing reasons, the reliefs sought by the appellants deserve to be granted. We, thus, direct as under:

(i.)The order dated 04.09.2017 of the respondent Karnataka Electricity Regulatory Commission in Case no. 5/01/17 in so far as it made the generic tariff of Rs. 3.74/kwh thereby determined applicable to the Wind Power Projects of the appellants commissioned prior to 04.09.2017 is set aside;

(ii.) It is declared that the tariff of Rs. 4.50/kwh determined by the respondent Karnataka Electricity Regulatory Commission by its generic tariff order dated 24.02.2015 is applicable to the Wind Power Projects of the appellants for a period of twenty-five years with effect from the date of COD i.e. 31.03.2017 and that the State Commission is bound to approve the Power Purchase Agreements of the appellants with respondent HESCOM accordingly, the decision of rejection of the same on ground that there was no injection of power into the grid by 31.03.2017 being bad in law and consequently vacated; and Appeal nos. 180 – 184 of 2018 Page no. 61 of 61

(iii.) The respondent Karnataka Electricity Regulatory Commission shall pass necessary/consequential orders in compliance with above directions within two weeks hereof.

85. The appeals are disposed of in above terms.

For more information please see below link: