Lowest Tariff of ₹3.01/KWh Discovered in SECI's 2.5 GW Round-the-Clock Auction

Tariff of ₹3.01/KWh Wins 2.5 GW Round-the-Clock Renewables Bundled with Thermal Auction

Hindustan Thermal Projects, Greenko Energies, ReNew Samir Urja (SPV of ReNew Power), Power Mech Projects, and JSW New Energy were declared winners in the Solar Energy Corporation of India's (SECI) ...
/ / Solar, Tenders & Auctions
Tariff of ₹2.28/kWh Set for KUSUM Solar Pump Program in Tamil Nadu

Tariff of ₹2.28/kWh Set for KUSUM Solar Pump Program in Tamil Nadu

The Tamil Nadu Electricity Regulatory Commission (TNERC), in a recent order, adopted a tariff of ₹2.28 (~$0.030)/kWh for the solar energy generated from 20,000 agricultural pumps under Component-C of the ...
/ / Markets & Policy, Solar
Punjab Open Access Consumers to Pay Additional Surcharge of ₹1.16/kWh Until March 2022

Punjab Open Access Consumers to Pay Additional Surcharge of ₹1.16/kWh Until March 2022

The Punjab State Electricity Regulatory Commission (PSERC) has extended the validity of the additional surcharge of ₹1.16 (~$0.016)/kWh payable by open access consumers until September 30, 2021, to the second ...
/ / Grid, Market & Policy
Tariff of ₹2.64/kWh Approved for 100 MW of Solar Projects at Raghanesda Solar Park

Tariff of ₹2.64/kWh Approved for 100 MW of Solar Projects at Raghanesda Solar Park

The Gujarat Electricity Regulatory Commission (GERC), in a recent order, approved the tariff of ₹2.64 (~$0.035)/kWh to procure power from a 100 MW solar project (PhaseX-R) being developed by SJVN ...
/ / Markets & Policy, Solar
Delayed Solar Projects Liable to Reduced Tariff and Payment of Liquidated Damages

Delayed Solar Projects Liable to Reduced Tariff and Payment of Liquidated Damages

The Karnataka Electricity Regulatory Commission (KERC) has directed Hubli Electricity Supply Company (HESCOM) to recover liquidated damages from three solar developers for the delay in commissioning the projects. The Commission ...
/ / Markets & Policy, Solar
Haryana Sets Levelized Tariff of ₹2.58kWh for a 20 MW Solar Project

Haryana Sets Levelized Tariff of ₹2.58/kWh for a 20 MW Solar Project

The Haryana Electricity Regulatory Commission (HERC) has set a tariff of ₹2.58 (~$0.035)/kWh for 20 MW of LR Energy's solar project. The tariff was determined after examining the capital cost component ...
/ / Markets & Policy, Solar
Tariffs of Manufacturing-Linked Solar Projects Reduced to ₹2.54/kWh from ₹2.92/kWh

Tariffs of Manufacturing-Linked Solar Projects Reduced to ₹2.54/kWh from ₹2.92/kWh

The tariff of ₹2.92 (~$0.04)/kWh discovered in the manufacturing-linked solar projects auction held in January last year has now been reduced to ₹2.54 (~$0.034)/kWh. Adani Green Energy (AGEL) and Azure ...
/ / Mercom Research Focus, Other
CERC Adopts Tariff of ₹2.63kWh for a 300 MW Solar Project

CERC Adopts Tariff of ₹2.63/kWh for a 300 MW Solar Project

The Central Electricity Regulatory Commission (CERC) adopted the tariff of ₹2.63 (~₹0.036)/kWh and a trading margin of ₹0.07 (~$0.0009)/kWh for a 300 MW solar project as requested by NTPC  in ...
/ / Markets & Policy, Solar
Karnataka Rejects Wind Developer’s Plea for Revision of Tariff for an Old Project

Karnataka Rejects Wind Developer’s Plea for Revision of Tariff for an Old Project

The Karnataka Electricity Regulatory Commission (KERC), in a recent order, ruled that Swarna Properties, a wind developer, is entitled to a tariff of ₹3.40 (~$0.047)/kWh for the first ten years ...
/ / Wind
Is the Tariff of ₹2.14kWh Discovered in Neemuch 500 MW Solar Auction an Aberration

Is the Tariff of ₹2.14/kWh Discovered in Neemuch 500 MW Solar Auction an Aberration?

There is a consensus among the stakeholders that the tariffs in the post safeguard duty era with the Approved List of Models and Manufacturers (ALMM) in effect will hover around ...
/ / Mercom Research Focus, Other
Adani and ReNew Power Win the Largest Capacities in SECI’s 1.2 GW Wind Auction

Adani and ReNew Power Win the Largest Capacities in SECI’s 1.2 GW Wind Auction

ReNew Power, Green Infra Wind Energy (Sembcorp), Anupavan Renewables (EverGreen), Adani Renewable Energy, and Azure Power were declared winners in Solar Energy Corporation of India’s (SECI) auction for 1,200 MW ...
/ / Solar, Tenders & Auctions
Guaranteed Offtake the Reason for Success of MSEDCL’s 500 MW Solar Tender

Guaranteed Offtake the Reason for Success of MSEDCL’s 500 MW Solar Tender

Stakeholders in the solar industry believe that tariffs in upcoming solar auctions are likely to settle around ₹2.50 (~$0.034)/kWh, given the spike in module and commodity prices. Developers are bracing ...
Generic Tariff for Rooftop Solar Systems Up to 10 kW Increased to ₹4.02/kWh in Karnataka

Generic Tariff for Rooftop Solar Systems Up to 10 kW Increased to ₹4.02/kWh in Karnataka

The Karnataka Electricity Regulatory Commission (KERC) has issued an order setting the generic tariff for solar power projects (including rooftop solar projects) for FY 2022 and FY 2023. The Commission ...
/ / Markets & Policy, Solar
Gap Between DISCOMs’ Energy Cost and Revenue Narrowed to ₹0.28kWh in FY 2020

Gap Between DISCOMs’ Energy Cost and Revenue Narrowed to ₹0.28/kWh in FY 2020

The Union Minister R.K. Singh said in Rajya Sabha that the gap between the Average Cost of Supply (ACS) and the Average Revenue Realized (ARR) at the national level reduced ...
/ / Grid, Market & Policy
EV charging tariff at premises excluding charging stations to remain the same as applicable for the relevant category of connection at the same premises

Power Supply Relaxations in Haryana for EV Charging at Consumer Premises

The Haryana Electricity Regulatory Commission (HERC) has approved the distribution company (DISCOM) Uttar Haryana Bijli Vitran Nigam's (UHBVNL) petition seeking relaxation for supplying electricity for electric vehicle (EV) charging at ...
/ / Electric Vehicles, Grid
Solar Developers Finding it Difficult to Bid Below ₹2.50kWh As ALMM Takes Effect

Solar Developers Finding it Difficult to Bid Below ₹2.50/kWh as ALMM Takes Effect

Solar developers are finding it challenging to execute solar projects with a tariff lower than ₹2.50 (~$0.034)/kWh with the Approved List of Models and Manufacturers (ALMM) restrictions. According to the ...
APTEL Comes Down on State Electricity Regulator on Tariff Cut for a Solar Project

APTEL Comes Down on State Electricity Regulator on Tariff Cut for a Solar Project

The Appellate Tribunal for Electricity (APTEL), in its recent order, has ruled in favor of a solar developer, allowing the approval for the extension of the scheduled commercial operation date ...
/ / Markets & Policy, Solar
Karnataka Retains Generic Tariff of ₹3.26kWh for Wind Projects in FY 2021-22

Karnataka Retains Generic Tariff of ₹3.26/kWh for Wind Projects in FY 2021-22

The Karnataka Electricity Regulatory Commission (KERC), in a recent order, ruled that the generic tariff for wind power projects will continue to be ₹3.26 (~$0.044)/kWh as determined in the earlier ...
/ / Wind
Punjab Commission Allows Deviations in Competitive Bidding Process for Solar Projects

Punjab Commission Allows Deviations in Competitive Bidding Process for Solar Projects

The Punjab State Electricity Regulatory Commission (PSERC) has allowed deviations in the guidelines for tariff-based competitive bidding process for grid-connected solar photovoltaic (PV) projects in two separate petitions filed by ...
/ / Markets & Policy, Solar
Himachal Pradesh Reduces Levelized Tariffs for Solar Projects up to 5 MW

Himachal Pradesh Reduces Levelized Tariffs for Solar Projects Up to 5 MW

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued a generic levelized tariff for solar projects (up to 5 MW) for the financial year (FY) 2021-22. The Commission also sought ...
/ / Markets & Policy, Solar
Regulator to Reconsider Decision to Slash Tariff of Rooftop Solar Project by 46%

Regulator to Reconsider Decision to Slash Tariff of Rooftop Solar Project by 46%

The Appellate Tribunal for Electricity (APTEL), in a recent order, directed the Karnataka  Electricity Regulatory Commission (KERC) to review its earlier order regarding the tariff reduction for the delayed rooftop ...
/ / Grid, Market & Policy
Regulator Approves Tariff of ₹2.22kWh Discovered in Torrent’s 300 MW Solar Auction

Regulator Approves Tariff of ₹2.22/kWh Discovered in Torrent’s 300 MW Solar Auction

The Gujarat Electricity Regulatory Commission (GERC) has approved Torrent Power to adopt the tariff discovered through a competitive bidding process for procuring power from grid-connected solar photovoltaic (PV) projects in ...
RUMSL’s 550 MW Solar Auction Won by Avaada Energy and O2 Power

RUMSL’s 550 MW Solar Auction Won by Avaada Energy and O2 Power

Avaada Energy and O2 Power were declared winners in the Rewa Ultra Mega Solar Limited’s (RUMSL) auction for 550 MW of solar projects at the Agar Solar Park in Madhya ...
Andhra Commission Allows PPAs of Two Wind Projects to be Canceled

Andhra Commission Allows PPAs of Two Wind Projects to be Canceled

The Andhra Pradesh Electricity Regulatory Commission (APERC), in a recent order, ruled that the power purchase agreements (PPAs) signed between two wind developers and the Southern Power Distribution Company of ...
/ / Wind
Rajasthan DISCOM Asked to Pay Variable Charges for Older Biomass Projects

Rajasthan DISCOM Asked to Pay Variable Charges for Older Biomass Projects 

The Rajasthan Electricity Regulatory Commission (RERC), in a recent order, has ruled that the variable charges determined for the financial year (FY) 2019-20 will be applicable for biomass power projects ...
/ / Biofuel, Other