Saturday, September 12, 2009

Orissa fixes provisional solar tariff

According to Business Standard, the Orissa Electricity Regulatory Commission has fixed the tariff for PV projects at INR 15/kWh for 1-12th year and INR 7.5.kWh from 13-25th year. The tariff is applicable for all PV projects in the state to be commissioned by March 2010. The OERC order is “provisional” as the regulator is working on a comprehensive renewable energy policy, expected to be released later this year.

Firms such as Solitaire Energies, Lanco Solar, Sahara India and New Era Power have already submitted proposals to set up PV projects in Orissa.

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