CERC proposes norms to frame renewable energy tariff post 2012

Last month the Central Electricity Regulatory Commission (CERC) came out with a draft regulation proposing new norms for framing renewable energy tariff for next control period i.e from 2012 to 2017. CERC has assured long-term tariff visibility and alignment of financial norms with the prevailing market conditions.
The Tariff Period for Renewable Energy power projects except in case of Small hydro projects below 5 MW, Solar PV, Solar thermal, Biomass Gasifier and Biogas based power projects shall be 13 years. In case of Solar PV and Solar thermal power projects the Tariff Period shall be 25 years.
In an article on Business Standard , CERC chairman Pramod Deo said “CERC has reaffirmed its commitment to promote green energy. The existing norms for renewable energy sources are valid up to March 31 next year. It has initiated the exercise for framing renewable energy tariff norms for the next control period”.
CERC had addressed concerns to encourage harnessing of wind power in the low wind regime and tariff norms for new technologies like biomass gasifier and biogas-based power plants. They have also addressed concerns regarding biomass fuel price and alignment of tariff norms for solar power, keeping in view the technological advancement and corresponding cost reduction in solar PV modules.
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