Jammu and Kashmir Renewable Energy Tariff Regulations - 2013
HIGHLIGHTS |
| Tariff period | Technology | Years | |
| Small hydro below 5 MW | 35 | ||
| Solar PV and solar thermal | 25 | ||
| Municipal solid waste (MSW), refuse derived fuel (RDF), biomass gasifier and biogas | 20 | ||
| Any other technologies | 13 | ||
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| Control Period | 5 years, of which the first year shall be FY 2013-14. | ||
| Useful Life of a Plant | Technology | Years | |
| Wind, solar PV, solar thermal | 25 | ||
| Small hydro | 35 | ||
| Biomass based on Rankine cycle technology, non-fossil fuel based cogeneration, biomass gasifier, biogas, MSW and RDF | 20 | ||
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| Technology-wise Tariff | Technology | Net Tariff (Rs./kWh) | |
| Wind zone 1 (CUF – 20%) | 5.81 | ||
| Wind zone 2 (CUF – 22%) | 5.28 | ||
| Wind zone 3 (CUF – 25%) | 4.65 | ||
| Wind zone 4 (CUF – 30%) | 3.87 | ||
| Wind zone 5 (CUF – 32%) | 3.64 | ||
| Small hydro below 5 MW | 4.01 | ||
| Small hydro 5 MW to 25 MW | 3.38 | ||
| Solar PV | 4.98 | ||
| Solar thermal | 10.34 | ||
| MSW | 6.29 | ||
| RDF | 7.57 | ||
| Biomass using rice straw and juliflora and travelling grate boiler with water cooled condenser. | 6.95 | ||
| Biomass using rice straw and juliflora and travelling grate boiler with air cooled condenser. | 7.20 | ||
| Biomass using rice straw and juliflora and AFBC boiler with water cooled condenser. | 6.87 | ||
| Biomass using rice straw and juliflora and AFBC boiler with air cooled condenser. | 7.13 | ||
| Biomass using other than rice straw and juliflora and travelling grate boiler with water cooled condenser. | 6.83 | ||
| Biomass using other than rice straw and juliflora and travelling grate boiler with air cooled condenser. | 7.08 | ||
| Biomass using other than rice straw and juliflora and AFBC boiler with water cooled condenser | 6.76 | ||
| Biomass using other than rice straw and juliflora and AFBC boiler with air cooled condenser. | 7.02 | ||
| Non-fossil fuel based cogeneration. | 5.48 | ||
| Biomass gasifier. | 7.35 | ||
| Biogas | 4.80 | ||
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| Capital Cost | Technology
| Capital Cost (in Rs. lakh/MW) | |
| Wind | 575 | ||
| Small hydro below 5 MW. | 770 | ||
| Small hydro (5 MW to 25 MW). | 700 | ||
| Biomass based on Rankine cycle technology (with water cooled condenser using other than rice straw and juliflora). | 540 | ||
| Biomass based on Rankine cycle technology (with water cooled condenser using rice straw and juliflora). | 590 | ||
| Biomass based on Rankine cycle technology (with air cooled condenser using other than rice straw and juliflora). | 580 | ||
| Biomass based on Rankine cycle technology (with air cooled condenser using rice straw and juliflora). | 630 | ||
| Non-fossil fuel cogeneration | 420 | ||
| Solar PV | 1000 | ||
| Solar thermal | 1300 | ||
| Biomass gasifier | 550 | ||
| Biomass gasifier (after considering capital subsidy) | 400 | ||
| Biogas | 1100 | ||
| Biogas (after considering capital subsidy) | 800 | ||
| MSW | 1500 | ||
| RDF | 900 | ||
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| Operation and Maintenance Expenses (O&M) | Technology | Cost (in Rs. lakh) | |
| Wind | 9.00 | ||
| Small hydro below 5 MW | 25.00 | ||
| Small hydro (5 MW to 25 MW) | 18.00 | ||
| Biomass based on Rankine cycle technology. | 40.00 | ||
| Non-fossil fuel based cogeneration | 16.00 | ||
| Solar PV (1.5% of approved capital cost for FY 2016-17 and FY 2017-18). | 11.00 | ||
| Solar thermal | 15.00 | ||
| Biomass gasifier and biogas | 40.00 | ||
| MSW and RDF | 6% of normative capital cost | ||
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| Interest Rate on Loans | Average Jammu and Kashmir Bank base rate prevalent during the first six months of the previous year plus 300 basis points. | ||
| Depreciation | 5.83% for the first 12 years and remaining depreciation spread over the residual useful life of the project. | ||
| Return on Equity |
| ||
| Interest on Working Capital | Average Jammu and Kashmir Bank base rate prevalent during the first six months of the previous year plus 350 basis points. | ||
OTHER PROVISIONS |
| Tariff structure and design | Generic, single part, levellised tariff for the tariff period. |
| Merit order despatch principle | All renewable energy power plants with certain exceptions are treated as ‘Must run’ power plants. |
| Subsidy or/and Incentives by government | Any incentive or subsidy provided by the central or state government, including accelerated depreciation benefit, would be taken into consideration. |
| Rebate |
|
| Late payment surcharge | 1.25% per month for payment of bills beyond a period of 60 days from the date of billing. |
| Links | |
| References | http://jkserc.nic.in/Renewable%20Energy%20Sources%20Reg.2013.BR.pdf |
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