Business Daily from THE HINDU group of publications Monday, Jul 14, 2008 ePaper | Mobile/PDA Version | Audio |
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Industry & Economy
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Non-conventional Energy States - Tamil Nadu TNEB to buy solar power at Rs 3.15/kWh Our Bureau Chennai, July 13 The Tamil Nadu Electricity Regulatory Commission (TNERC) has fixed an interim tariff of Rs 3.15 a kWh for grid connected solar photovoltaic and solar thermal power generation plants. This will be the purchase rate at which the distribution licensee – the Tamil Nadu Electricity Board – will buy power from the solar power producers. The order is significant in that this paves the way for the proposed grid connected solar power projects to get additional benefits offered by the Ministry of New and Renewable Energy to promote solar power. The Ministry will offer priority to those projects in the States where the State Electricity Regulatory Commission has approved or notified a tariff for solar power. The Ministry, through the Indian Renewable Energy Development Agency, will provide a generation-based incentive of Rs 12 a kWh for solar photovoltaic projects and Rs 10 a kWh for solar thermal power generation projects eligible for such incentives. Only units that are commissioned before December 31, 2009 are fully eligible for this support. Under this programme the Ministry plans to support installation of up to 50 MW of solar power projects. Projects with an aggregate capacity of up to 10 MW in a State would be considered for the incentive. Developers can set up a maximum aggregate capacity of 5 MW through a single project or multiple projects of at least 1 MW each. The incentive offered is to develop and demonstrate the technical performance of grid interactive solar power generation and reduce cost of the grid connected solar power generation. More Stories on : Non-conventional Energy | Power | Tamil Nadu
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