The Kerala State Electricity Regulatory Commission (KSERC) has approved the petition filed by the Kerala State Electricity Board (KSEB) seeking its nod for 200 MW of solar photovoltaic (PV) projects to be developed in Kerala on Independent Power Producer (IPP) mode.
KSEB had sought the approval as it wants to procure solar to meet its Renewable Purchase Obligation (RPO).
KSEB had proposed the following deviations from the bidding guidelines issued by the Ministry of Power:
- To set the minimum capacity as 1 MW instead of 5 MW.
- Regarding land acquisition, KSEB wanted the 12-month period to begin after the issuance of Letter of Award (LoA) instead of the date of Power Purchase Agreement (PPA).
- Ceiling tariff for the projects to be ₹3.50 (~0.04952)/kWh.
- To introduce a review option: After a period of 15 years from the commercial operating date (COD) of the project, the minimum capacity utilization factor (CUF) to be reviewed based on past performance and be brought down up to 14 percent to take care of panel degradation. Read More