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Sunday, July 11, 2010

RUSH TO MEET DEADLINE : Tariff For Green Power Announced By DERC

In a rush to meet the July 15 deadline set by the ministry of new and renewable energy (MNRE), Delhi's power regulator DERC on Friday announced solar tariff regulations for the city wherein Delhiites will have to pay just Rs 5.50/unit for renewable power that would be purchased by discoms, be it solar or wind power.
  Had the regulator missed the crucial cut-off date, Delhi would have lost out on the generation-based incentives (GBI) being offered by MNRE to promote green power in the country.

The order is in line with the Jawaharlal Nehru Solar Power mission and as per the regulations put by MNRE and the tariffs fixed by CERC. Under CERC's tariff for renewable energy sources, cost of solar power up to Rs 17/unit is permitted. But now, as per the latest order, discoms will charge consumers just 5.50/unit from consumers for green power as power purchase cost. The remaining amount will come as GBI from MNRE. Besides, under the existing tariff order of Delhi, up to 1% of power procured by discoms can be sourced from renewable sources like wind or solar.

Projects like PWD's solar project at Thyagraj Stadium or NDPL's rooftop solar panel project will all be covered under the scheme. Any corporate or sectors that are interested in setting up solar projects will now be able to tie up with distribution companies to avail of the GBI.

Failure to announce these tariff on time would have meant that Delhiites would have paid more than double for solar power compared to several other states. Most other states had announced solar power tariffs last year itself and there were doubts whether Delhi would be able to meet the MNRE deadline or not.

with thanks : source : Times of India : with link in headline above for detailed news.

www.RWABhagidari.blogspot.com

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