Kerala State Electricity Regulatory Commission Fixes Interim Tariff For Electricity At Rs 3.90 Per Unit


Kerala State Electricity Regulatory Commission Fixes Interim Tariff For Electricity At Rs 3.90 Per Unit

The Kerala State Electricity Regulatory Commission has fixed Rs 3.90 per unit as the interim tariff for electricity supplied from the 50 MW Kasargod Solar Park.It is at this rate the Kerala State Electricity Board (KSEB) will make payments for power purchased from the Indian Renewable Energy Development Agency Ltd (IREDA), which is implementing the project. Of the 50 MW Phase I of the solar park project, 36 MW was commissioned on March 31, 2017, and the remaining in September 2017.

Although about 40 million units (MU) of energy have been pumped into the KSEB’s grid so far, the Board has not made any payments so far, according to IREDA. IREDA had approached the commission in June last year seeking an interim tariff and for getting the power sale agreement with KSEB approved.

The commission fixed the interim rate by taking into account the average cost for general power purchases of the KSEB for 2017-18 which was decided at Rs 3.90 per unit. Read More…

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