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TNERC Finalizes APPC for FY 14-15

Tamil Nadu Electricity Regulatory Commission (TNERC) in its latest notification dated 4th Feb 2015 has finalized APPC for FY 14-15.

The definition of the APPC being followed by TNERC can be read as: Pooled cost of power purchase’ means the weighted average pooled price at which the distribution licensee has purchased the electricity including cost of self generation in the  previous year from all the long-term energy suppliers, but excluding those based on liquid fuel, purchase from traders, short-term purchases and renewable energy sources subject to the maximum of 75% of the preferential tariff fixed by the Commission to that category / sub category of NCES generators”.

The APPC determined by TNERC for FY 14-15 is Rs. 3.38 per unit or 75% of the preferential tariff fixed by the Commission to that category / sub category of NCES generators, whichever is less.

The APPC for FY 14-15 has increased by 8.6% compared to APPC of FY 13-14. Given below is the APPC of previous years, with % increase year on year:

The Order can be accessed here.