Rajasthan Renewable Energy Tariff Orders 2015
HIGHLIGHTS |
| Technology-wise Net Tariff | Technology | Net Tariff (in Rs./kWh) |
| Wind (Jaisalmer, Barmer, Jodhpur) | 5.16 | |
| Wind (other than Jaisalmer, Barmer, Jodhpur) | 5.42 | |
| Solar PV | 4.85 | |
| Solar thermal | 10.34 | |
| Biomass with water cooled condenser | 6.83* | |
| Biomass with air-cooled condenser | 7.41* | |
| Biogas | 7.84* | |
| Biomass gasifier | 6.67* | |
| *Without availing AD | ||
| Tariff Period | Technology | No. of Years |
| Wind, Solar PV, Solar thermal | 25 | |
| Biomass, Biomass gasifier, Biogas | 20 | |
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| Control Period | 01.04.2014 till 31.03.2019 for wind and solar projects. 01.04.2015 till 31.03.2019 for biomass and biogas projects.
| |
| Useful Life of a Plant | Technology | No. of Years |
| Wind, Solar PV, Solar thermal | 25 | |
| Biomass, Biomass gasifier, Biogas | 20 | |
|
| ||
| Capital Cost | Technology | Capital Cost (in Rs. Lakh/MW) |
| Wind | 579.84 | |
| Solar PV | 518.59 | |
| Solar thermal | 1182.30 | |
| Biomass with water cooled condenser | 527.78 | |
| Biomass with air-cooled condenser | 561.98 | |
| Biogas | 856.77$ | |
| Biomass gasifier | 443.49* | |
| *Subsidy of Rs.150 lakh/MW $Subsidy of Rs.300 lakh/MW
| ||
| Operation and Maintenance (O&M) Expenses | Technology | O&M Expenses (in Rs. Lakh/MW) |
| Wind | 8.82 | |
| Solar PV | 7.00 | |
| Solar thermal | 18.79 | |
| Biomass with water cooled condenser | 42.27 | |
| Biomass with air-cooled condenser | 45.07 | |
| Biogas | 56.06 | |
| Biomass gasifier | 56.06 | |
| ||
| Interest Rate on Loans | 12.76%
| |
| Depreciation | 5.83% for the first year and remaining depreciation shall be spread over the residual useful life of the plant 5.28% for biogas and biomass for the first 13 years and remaining depreciation shall be spread over the residual useful life of the plant.
| |
| Return on Equity | 14% per annum for biogas, biomass gasifier and biomass. 16% per annum for other technologies.
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| Interest on Working Capital | 12.50% for solar thermal. 12.26% for Solar PV. 10.99% for biogas and biomass.
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OTHER PROVISIONS |
| Tariff Structure and Design | Single part, levelised tariff.
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| Despatch Principle | ‘MUST RUN’ plants and hence not subject to merit order despatch principle.
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| 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.
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| Rebate | 2% - for payment of bills through a letter of credit or by cash/cheque within three working days of presentation of bills. 1% - for payment of bills through a letter of credit or by cash/cheque beyond three working days of presentation of bills but within thirty days. |
| Late Payment Surcharge | 1.25% per month, on a daily basis, for payments beyond 45 days from date of presentation of bills.
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| Links |
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| References | http://rerc.rajasthan.gov.in/Regulations/Reg87.pdf http://rerc.rajasthan.gov.in/Regulations/Reg79.pdf http://rerc.rajasthan.gov.in/TariffOrders/Order239.pdf http://rerc.rajasthan.gov.in/TariffOrders/Order249.pdf http://rerc.rajasthan.gov.in/TariffOrders/Order248.pdf http://rerc.rajasthan.gov.in/Regulations/Reg85.pdf http://rerc.rajasthan.gov.in/Regulations/Reg114.pdf http://rerc.rajasthan.gov.in/TariffOrders/Order304.pdf Note: Updated up to 8 March 2019 Order. |
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