APERC Approves Fixed Cost Tariff for Biomass
APERC (Regulatory Commission for the states of Andhra Pradesh and Telangana) on 19th July 2014 has rolled out an order determining the fixed cost component of the tariff Payable for the Biomass from the 11th year to 20th year of Operation.
The Details on the tariff approved is as below:
The average escalation is 4.7% over the 10 years.
The Honourable commission has ordered that an incentive of Rs 0.50 per unit for all generation above 80% PLF shall be paid by the concerned DISCOM to the all such generators. The commission also directed that the Electricity Duty paid by the Biomass project developers during this period shall be reimbursed.
More detail on the order can be accessed here.
Our previous blog post on the variable cost here.
Contributed by Bhanu Tejja