MPERC determines retail tariff for FY15

Madhya Pradesh Electricity Regulatory Commission (MPERC) through an order (dated 24th May 2014), has determined the retail tariff for FY 14- 15.       

The new tariff determined for FY15 is same as it was for FY14, The summary of the new tariff for INDUSTRIAL, NON-INDUSTRIAL consumers can be found in the table below –


Wheeling Charges –


Transmission Charges – T
he transmission charges for FY 14-15 has been calculated as Rs .48 per unit, applicable for a consumer having contract demand of 1MW or above. 

Cross-subsidy surcharge – The Cross-Subsidy Surcharge has been computed as Rs .39 per unit.

Transmission losses – The transmission losses for FY 14-15 have been calculated as 3%.

Aforementioned wheeling charges and cross subsidy surcharges are not applicable to consumers availing open access from renewable sources of energy.

The details on this tariff can be read on Page 189 of the Retail Tariff

Our latest Blog post on the retail tariff can be read here

Contributed by – Dheeraj Babariya

Andhra Pradesh declares APPC for FY15

Hon’ble Andhra Pradesh Electricity Regulatory Commission (APERC) in an order (DATED – 31 MAY 2014) has determined the APPC for FY 14-15.

The definition of the APPC being followed by APERC can be read as –

‘Pooled Cost of Power Purchase (PCPP)’ means the weighted average pooled price at which the distribution licensee has purchased electricity in the previous year from all the long-term energy suppliers excluding the purchases based on liquid fuel. Provided that the purchases from traders, short-term purchases and purchases from renewable sources shall not be taken into account while determining Pooled Cost of Power Purchase.

AP’s APPC definition is not in sync with that of CERC as it excludes power purchases from suppliers based on liquid fuel, Purchases from Traders, short term purchases and purchases from Renewable sources.

The APPC for FY 14-15 has been calculated as Rs. 3.38 per unit.

The APPC is AP has been growing steadily with a CAGR of 7.91%.

The order by APERC can be found here.

Our previous Blog posts on APPC of other states can be Read here.

Contributed by – Dheeraj Babariya

CERC finalizes RE tariff for FY15

Central Electricity Regulatory Commission (CERC) in its order on 15th May has finalised the Renewable Energy tariff for FY 14-15.

The details of the tariff calculated for FY 14-15 can be found in table below.

In the table above, it is clearly evident that CERC has finalized a higher price in case of solar projects as compared to that proposed in its draft. The price now finalized of Rs. 6.95 per unit is approx. 9.7% higher (than Rs. 6.33 per unit proposed in the draft).

A higher tariff determination for solar follows a similar consideration of higher benchmark capital cost. It was proposed that the capital cost for SPV projects to be Rs. 612 Lakh per MW. However, in the final order the capital cost now stands at Rs. 691 Lakh per MW.

It can be said that the apex regulator has finalised the tariff in response to views/suggestions of all stakeholders.

A higher solar tariff means grid parity still remains a distant dream. However, given the pace with which the retails tariffs across various states have been increasing and the fact that solar prices are coming down aggressively, it can be inferred that a “distant dream” is not too far away.

 

Himachal Pradesh proposes APPC for FY 2014-15

HPSEBL has filed a petition before Himachal Pradesh Electricity Regulatory Commission (HPERC) seeking APPC determination for FY 2014-15.

The definition of APPC followed by HPERC can be read as –

The weighted average pooled price at which the Distribution Licensee has purchased the electricity including cost of self generation, if any, in the previous year from all the energy suppliers, long-term and short-term, but excluding those based on renewable energy sources, as the case may be.

HPSEB has proposed the APPC as Rs. 2.24 against the current APPC of Rs. 2.17, and has requested to approve the same APPC for FY-14-15 effective from 01 April 2014.

A copy of the proposal can be found by clicking here.

Our previous blog post on Himachal Pradesh APPC for FY 13-14 can be read here.

Blog post on all other states APPC can be read here.

Contributed by – Dheeraj Babariya

Delhi discoms likely to comply with RPO by purchase of RECs

Delhi discoms – BRPL, BYPL and TPDDL have all filed a petition to Delhi electricity regulatory commission (DERC) for approval of annual revenue requirement (ARR) of FY 2014-15.

In terms of renewable energy resource capacity, Delhi is indeed poor as compared to other states. Therefore, to comply with RPO targets obligated entities in the state have lesser options than to buying RECs from the markets.

Following are the cost estimates for purchase of RECs submitted by discoms (for FY2014-15)-

BRPL – Rs 28.3 cr (Solar RPO) & Rs 90.7 cr (Non-Solar RPO)

BYPL – Rs 15.4 cr (Solar RPO) & Rs 56.2 cr (Non-Solar RPO)

TPDDL – Rs 17.54 cr (Solar RPO) & Rs 74.71 cr (Non-Solar RPO)

 

The petitions can be downloaded from DERC’s website.

Tamil Nadu drafts RPO targets for FY15 & FY16

Tamil Nadu Electricity Regulatory Commission (TNERC) recently issued a draft order on RPO targets for FY15 & FY16. The following are the targets proposed by the commission: 

Column 1 Column 2 Column 3
Year Minimum quantum of total renewable purchase obligation in %age ( in terms of energy in kWh) Minimum quantum of solar renewable purchase obligation in %age out of total renewable purchase obligation mentioned in Column 2 (in terms of energy in kWh)
2014-15 11.00% 2.00%
2015-16 11.00% 2.00%

This implies that obligated entities (Distribution Licensees only)  in Tamil Nadu will now have to consume a minimum of 9% of non-solar power/RECs and 2% of solar power/RECs to comply with RPO targets in FY15 and FY16. The order is yet to be finalised and comments on the same have been invited no later than 24.02.2014.  

Solar RPO target is a highlight as it has been taken up from currently 0.05 % to 2 %. This shows TN’s strong commitment towards fostering solar generation in the state. Given the fact that a recent judgement by ApTel had set aside state’s ambitious solar policy (for a relevant blogpost – click here), this particular step from TNERC is laudable.

Present draft order can be accessed here.

Previous final RPO order can read by clicking here.

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