The Karnataka Electricity Regulatory Commission (KERC) has proposed to revise tariffs for solar power projects, including Solar Rooftop Photovoltaic (SRTPV) plants, by considering a revised capital cost. The commission will hold a public hearing to discuss this on Tuesday.
KERC’s public hearing notice says the revision of tariff will consider the safeguard duty and applicable GST, and the revised capital cost of ₹373.3 lakh against ₹314 lakh.
Explaining this, an official from the Bangalore Electricity Supply Company (Bescom) said solar tariffs are determined year-on-year as the prices of solar panels fluctuate in the international market.
The KERC had last year made known its intention to boost solar energy input in the State by encouraging more people to install solar rooftop plants due to the poor response from domestic consumers. Read More
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