CERC notifies draft regulation for tariff determination from renewable energy sources
The Central Electricity Regulatory Commission (CERC) issued the draft regulation for tariff determination from renewable energy sources on April 29.
The draft regulation applies to cases where tariff for a grid-connected generating station or a unit commissioned between July 2020 to March 2023 and based on renewable energy sources.
The regulations will come into effect from July 2020 and will remain in force up to March 2023, unless reviewed earlier.
The scope of the draft includes wind power projects, small hydro projects, biomass power project with Rankine cycle technology, non-fossil-fuel based co-generation projects, solar PV power projects, floating solar projects, solar thermal power projects, renewable hybrid energy projects, RE with storage projects, biomass gasifier based power projects, biogas based power projects, municipal solid waste based power projects and refuse- derived fuel-based power project subjected to fulfillment of eligibility criteria.The eligibility criteria for renewable energy with storage project is a RE project including renewable hybrid energy project that uses, partly or fully, renewable energy generated from such project to store energy into storage facility which is connected at the same point of interconnection as the renewable energy project.
The tariff for renewable energy with storage project will be a composite tariff determined for energy supplied from the project including the energy supplied from the storage facility, provided that such tariff may be determined for the supply of power on a round-the-clock basis or for time periods as agreed by project developer and beneficiary.