RERC Draft Solar Tariff Policy for FY 2014-15

Rajasthan Electricity Regulatory Commission(RERC) on 23rd June 2014, has proposed a levellised tariff under a draft regulation (RERC Terms & Conditions for Determination of Tariff for Renewable Energy Sources – Wind and Solar Energy Regulations, 2014) issued for Solar power generators of the state. The brief summary of the proposed draft is as below –


RERC has invited the comments and suggestions by 18th July 2014, and a hearing on the matter will be held on 31st July 2014 at RERC’s office, Jaipur.
The tariff proposed for FY 14-15 is lower than the tariff of previous year in case of Solar PV and Rooftop Solar PV, and is higher in case of Solar Thermal Power Plants. It can be said that the reason behind the reduction in the tariff of Solar PV is because of decreasing prices of Solar PV cells and overall project execution cost.
The RERC draft order can be accessed here