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KERC notifies APPC rate for 2019-2020 & truing up of 2018-2019

Recently Karnataka notified the provisional APPC cost for FY 2019-20 & true up the Average Pooled Purchase Cost of 2018-19. The difference of INR 21 paisa/unit will be paid by the ESCOMs to the RE generators concerned in three equal monthly installments to the extent of energy supplied under APPC during the period from 1st April 2018 to 31st March 2019.
If we look at the price trend since 2015, there has been an upward pattern in the APPC rate of Karnataka. This trend will divert several generators to the REC + APPC route in the coming year.