The Karnataka Electricity Regulatory Commission (KERC) has issued an order setting the generic tariff for solar projects in the state for the period starting April 1, 2019, and ending March 31, 2020.
KERC has determined Rs 34 million per MW as the capital cost of large-scale solar projects in Karnataka.
For grid-connected MW-scale solar projects of capacity less than 5 MW, the state has set a generic tariff of Rs 3.08/kWh.
For grid-connected rooftop solar PV projects of capacity ranging from 1 kW to 2,000 kW, the generic tariff with subsidy has been set at Rs 2.32/kWh and the generic tariff without subsidy is Rs 3.07/kWh. The capital cost for such projects is determined to be Rs 32,800/kW.
For a project ranging from 1 kW to 10 kW, the generic tariff with subsidy has been set at Rs 2.97/kWh while the generic tariff without subsidy is Rs 3.99/kWh. The capital cost for such projects is determined to be Rs 45,000/kW. Earlier the generic tariff for this category of projects was Rs 4.15/kWh (without capital subsidy), and Rs 3.08/kWh (with capital subsidy).