The Tamil Nadu Electricity Regulatory Commission (TNERC) has passed a comprehensive tariff order on solar power, to be implemented from April 1.
The range is between Rs. 5.10 and Rs. 11.12 per unit, depending on the category of the project for various installers, who sell power to Tangedco. The commission states the order has been arrived at after taking into considerations the views of the stakeholders along with the consultations held with the State Advisory Committee (SAC).
As per the order dated March 28, the commission has fixed the tariff at Rs. 5.10 per unit for solar photo voltaic (PV) projects and Rs. 11.12 per unit for solar thermal projects with accelerated depreciation (AD) benefit. The AD benefit component of the tariff is Rs. 0.54 per unit for solar PV and Rs. 1.17 per unit for solar thermal.
The comprehensive solar tariff order has been issued by the TNERC in view of the control period coming to an end on March 31 this year.
The commission had fixed the tariff at Rs. 7.01 for solar PV project for one year on September 12, 2014, which was further extended by an order dated April 1 last year. The order states the total installed solar capacity in the State was around 850 mega watt (MW) as on March 31.
The major solar projects linked to the Tangedco grid are: Adani – 360 MW (648 MW), SunEdison - 150 MW in Virudhunagar and Welspun - 100 MW (200 MW project in Tiruchi and Karur). The share of domestic rooftop solar projects in the State is an installed capacity of 20 MW.
The range is between Rs. 5.10 and Rs. 11.12 per unit, depending on category of project
