JERC Determines Generalized Tariff for Solar Projects
The Joint Regulatory Commission for Goa and Union territories (JERC) has recently determined the solar tariff for ground-mounted and rooftop solar projects for FY2016-17 and FY2017-18. The tariff will be applicable for projects in the State of Goa and the Union Territories of Andaman and Nicobar Islands, Chandigarh, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep, and Pondicherry.
The Tariffs has been categorized on the basis of % of subsidies provided. A brief summary of the tariff determined by the commission is given in the table below:
The commission has finalized the tariffs based on the amount of subsidies being availed by a generator. For the projects availing higher subsidies (being offered by various institutions and Govt. of India); the tariff offered will be on the lower side and vice versa.
The Commission order can be accessed here.