KERC (Karnataka) Revises Wind Tariff dated 10.10.2013

The Karnataka Electricity Regulatory commission (KERC) has revised its wind tariff on 24th Feb 2015. The new tariff will replace the tariff calculated in KERC order dated 10th October 2013.

The new tariff has been calculated at Rs. 4.50 per unit, which was Rs 4.20 per unit calculated by KERC in its earlier  order dated 10th October 2013.

The new tariff will be applicable for the projects established during the control period of five years commencing from 10th October, 2013. For the projects which have already entered into PPAs with ESCOMs from 10th October, 2013 and up to the date of this Order, the tariff as determined in this Order will be applicable.

The revision in tariff has taken place after honorable APTEL (Appellate Tribunal for Electricity ) in a hearing of a petition filed by Indian Wind Turbine Manufacturers Association (IWPA) found some irregularities (mistakes) in tariff calculation and directed the commission to revise the tariff determined.

The commission earlier through notification invited comments and suggestion on the issues of revising tariff for wind energy, which after the hearing held on 7th January 2014 has been finalized.

The KERC Order can be accessed here.

Our Previous blog post on APTEL directing KERC can be read here.