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Petition of the HERC (T&C for determination of tariff from Renewable Energy Sources, RPO and REC) Regulations, 2017

Petition of the HERC (T&C for determination of tariff from Renewable Energy Sources, RPO and REC) Regulations, 2017

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Petition under section 62 of the Electricity Act, 2003 and Regulation 7 of the Haryana Electricity Regulatory Commission (Terms and conditions for determination of tariff from Renewable Energy Sources, Renewable Purchase Obligation and Renewable Energy Certificate) Regulations, 2017 for determination of tariff for 100 per cent paddy straw based bio-mass power plant to be set up in the State of Haryana

M/s. Hind Samachar Ltd. has filed the present petition for determination of tariff for 100% Paddy Straw based Biomass Power Plant for generation of 15 MW in village Chajjupur, Tehsil- Pehowa, Distt. Kurukshetra, Haryana, under Section 62 of the Electricity Act, 2003 for determination of Tariff

Based on the parameters discussed in the foregoing paras, the Commission determines the tariff for 20 years life of the project, appended to the present Order (Annexure – A).

The tariff payable is the year to year tariff computed by the Commission for the entire life of the project.

The Commission has examined the issue of factoring in of discount of Rs. 0.73 per unit applicable on the bidding tariff of Rs. 8/- per unit and decides that the same shall be reduced from year to year tariff so determined by the Commission in Annexure – A. Consequently, the tariff payable shall be year to year tariff determined herein reduced by Rs. 0.73/kWh.

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Anand Gupta Editor - EQ Int'l Media Network