Monday, 31 March 2008

Cerc Unveils Green Energy Tariff Guidelines

Cerc Unveils Green Energy Tariff Guidelines
The Crucial Electricity Dogmatic Handing over (CERC) has planned wealth use of Rs 5.75 crore per Mw for wind energy projects.The conspiracy is a section of the policy the giving out uncontrolled merely and character be used to quantity toll of renewable energy for 2012-17.The power organizer has planned a spread tenancy of 12 get-up-and-go for mettle of toll, almanac ancestry rate of 5.83 per cent for the initial 12 get-up-and-go of the toll modification and the locate of the ancestry to be spread elegant the protracted nearby personality of the project from the 13th court. Pre-tax obtain on equity has been stipulated at 20 per cent per annum for first 10 get-up-and-go and at 24 per cent per annum for the resulting modification, in the same way as 16 per cent post-tax obtain has been planned to woo investments. The policy would arise participating in demands from April 1 and hang on for five get-up-and-go.

Considerably, CERC intended the wealth use for wind energy project would add together wind turbine generator, together with its auxiliaries, land use, thrust development charges and other humane works, transportation charges, emigration use up to inter-connection factor, financing charges and occupation voguish cosmos. Justification use varies with technology, wideness of the projects, use of radio, statutory charges and list.

The toll modification for renewable energy power projects, if not in case of hydro projects below 5 Mw, solar photovoltaic, solar thermal, biomass gasifier and biogas based power projects, character be for a minimum of 13 get-up-and-go. In case of small hydro projects below 5 Mw, the toll modification would be 35 get-up-and-go and 25 get-up-and-go for solar photovoltaic and solar thermal power projects. It would be 20 get-up-and-go for biomass gasifier and biogas-based power projects.

The normative wealth use for put up solar photovoltaic power project would be Rs 10 crore per MW for FY 2012-13. The normative wealth use for put up solar thermal power project was all in the mind at Rs 13 crore a MW for FY 2012-13.

The normative wealth use for biogas-based power would be Rs 11 crore a Mw (FY 2012-13 voguish initial court of commandment modification) and it would be related to indexation directive as outlined beneath Rule 77. In the past plunder participating in complaint wealth subsidy, net project use would be Rs 8 crore a MW for FY 2012-13. The normative wealth use for the biomass power projects based on Rankine compete would be Rs 4.45 crore a MW for FY 2012-13 voguish initial court of commandment modification)

The commandment modification of five get-up-and-go has been sure in the perfect policy. When the interpretation time-honored from stakeholders, the narrow giving out has sober to inquiry the biomass gift at the end of third court of the commandment modification to get the flexibility in the biomass fuel reduced.

A project would approve as a biomass gasifier-based power project if it is using new plant and machinery and has a network linked system that uses 100 per cent producer gas engine, united with gasifier technologies endorsed by ministry of new and renewable energy.

CERC's toll policy arise at a time when installed component of renewable energy has mature from a mere 20 Mw in 1989 to influence 21,000 Mw in 2011.

It is nonstop replacing fossil fuel-based power generation. Installed component of renewable energy has previous to touched 12 per cent of the installed power component. Clothed in the XI Goal, the split of renewable energy exceeds 23 per cent of power bonus to the network.