OERC fixes tariff for solar photovoltaic power (India)
BUSINESS STANDARD - The Orissa Electricity Regulatory Commission (OERC) has fixed the tariff for solar grid connected photo voltaic power in the state. While the tariff has been fixed at Rs 15 per KWH from the first year to 12th year, it will be Rs 7.5 per KWH from 13th to 25th year.
The above tariff is generic and all the incentives/subsidies received by the developer from the Union ministry of new and renewable energy sources (MNRE), Government of India and Orissa government will be factored into it.
So the state owned Grid Corporation of Orissa (Gridco) will pay the net amount after deducting the incentives and subsidies. However, both Gridco as well as the developer are free to negotiate for an agreed tariff within the above ceiling rate.
