Govt proposes Rs 7.49/unit tariff for delayed solar power units

- Advertisement -

Gujarat government has proposed maximum tariff of Rs 7.49 per unit, which is half of current tariff of Rs15 per unit, to solar power developers, who fail to start their unit by January 28, 2012, says a DNA report.

The state power utility Gujarat Urja Vikas Nigam Limited (GUVNL) had signed power purchase agreements with solar power developers offering them tariff of Rs15 per unit for units commissioned on or before January 28, 2012, when the control period would end.

The tariff for units commissioned after January 28 is to be decided by Gujarat Electricity Regulatory Commission (GERC), but the state government says that it should not be more than Rs 7.49 per unit.

- Advertisement -

“The tariff of Rs 7.49 per unit was discussed during recently concluded competitive bid by NTPC Vidyut Vyapar Nigam Limited (NVVNL). Our view is that tariff for solar projects getting commissioned after January 28 should be maximum Rs7.49 per unit,” said DJ Pandian, principal secretary, energy and petrochemicals department.

According to industry experts, sharp fall in solar power tariff in less than one year or so is mainly on account of drastic fall in cost of solar equipments and improved technology.

A number of solar project developers have approached GERC seeking extension in the control period beyond January 28. They have cited delays in land allotment, heavy rains and other reasons for delay in construction and thus commissioning of their plants for seeking extension of the control period. The state government, however, is strongly opposing any extension, and has made its stand very clear before GERC.

“The solar project developers are coming up with unconvincing reasons for delay in commissioning their plants. Any extension in control period to enable developers to commission their projects beyond specified time for being entitled to get higher tariff would be against public interest,” added Pandian. In an affidavit filed with GERC, energy department said that many developers had completed their projects within specified time without any impediment related to land acquisition and other clearances. “It is not correct on part of the other developers to allege that there was a situation that prevented them from commissioning their projects within the specified time,” it said.

According to officials, GERC is expected to take a decision with regards to extending the control period and the tariff to be offered to solar projects commissioned after January 28 soon.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Rohde & Schwarz Joins Hands with Chemnitz Univ for R&D in Cybersecurity

0
Realizing this two-year cooperation project supports knowledge transfer, safeguards jobs and fosters the industry's independence: ipoque ipoque GmbH, a Rohde & Schwarz company, recently announced...

Rapido, RACEnergy Collab to Deploy Electric Autos in India

0
Battery-swapping tech-enabled e-autos will be deployed in Hyderabad and will be subsequently scaled to other Indian cities The partners termed it a revolutionary...

Aptiv Opens Technical Campus in Bengaluru to support OEMs

0
The $14 million state-of-the-art campus for its centre aims to accelerate the transformation to the software-defined vehicle Center will support OEMs in passenger...

Exclusive

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

India’ 22: Premium Segment Share Up by 11%; Overall Fall in Smartphone Shipments

0
Smartphone shipments fell 9% YoY in 2022 in India The premium segment brought 35% of total smartphone market revenue in 2022; Apple led...

ONE Raises $300 mn; Set To Launch LFP Cell Factory

0
Our Next Energy (ONE) raised $300 million in Series B equity led by Fifth Wall and Franklin Templeton Michigan-based energy storage technology company, Our Next...

Important Sectors

Rohde & Schwarz Joins Hands with Chemnitz Univ for R&D in Cybersecurity

0
Realizing this two-year cooperation project supports knowledge transfer, safeguards jobs and fosters the industry's independence: ipoque ipoque GmbH, a Rohde & Schwarz company, recently announced...

Rapido, RACEnergy Collab to Deploy Electric Autos in India

0
Battery-swapping tech-enabled e-autos will be deployed in Hyderabad and will be subsequently scaled to other Indian cities The partners termed it a revolutionary...

Aptiv Opens Technical Campus in Bengaluru to support OEMs

0
The $14 million state-of-the-art campus for its centre aims to accelerate the transformation to the software-defined vehicle Center will support OEMs in passenger...

SET Launches Solar Boost Tech for Water and Gas AMI Endpoints

0
Claiming the technology to be a game changer, the company said that it is environmentally durable and extends the endpoint battery to a 20-year...

Hit By Weak Smartphone Demand, Qualcomm Revenue Falls 12%

0
Qualcomm posted a downcast earnings outlook after the chipmaker was hit by the decline in the handset market. Semiconductor manufacturer Qualcomm reported a 12% decline...

Manufacturing

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Honda, GM Partner To Develop Hydrogen Fuel Cell

0
The global hydrogen fuel cell vehicle market is estimated to generate $43,208.3 million by 2031. Japanese automaker Honda Motor Co announced that it would collaborate...

Adding The Edge In The Embedded Edge Market With SiMa.ai

0
SiMa in Hindi means edge, and that is exactly what this startup has brought to the embedded edge market. By integrating machine learning on...

Foxconn Hires Former Nidec CEO As Strategy Chief For EVs

0
Foxconn Technology group's latest hire has decades of experience in the automotive industry with names such as Nissan and Dongfeng Motors in his portfolio. Foxconn...
Bharat

Bharat Electronics Misses Profit Estimates For Q3

0
Bharat Electronics has declared an interim dividend of 60% payable to all the eligible shareholders holding shares as of the record date. Shares of Bharat...