Centre offers solar at Rs 4.70, Telangana deal Rs 5.72

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The Telangana State Electricity Regulatory Commission has set the stage for tapping of about 2,000 mega watt (MW) of solar energy, allowing the southern and northern distribution companies to purchase solar power at Rs 5.72 and Rs 5.59 per unit respectively.An expert committee had approved 66 bids, of which 38 were cleared to tap 488 MW of solar power at Rs 5.72 per unit. Another 28 bids were cleared for 1,500 mega watt (MW) of solar power, to be purchased at Rs 5.59 per unit.The deadline is 12 months for commercial operations to start for 488 mega watt (MW), and over 18 months for 1,500 MW.Solar power developers will establish projects at places located near 400, 220 KV and 220/132 KV sub-stations to meet certain technical specifications.Experts said the tariff approved by TSERC was on the higher side, and consumers would have to pay the difference.Mr M  Venugopal  Rao of the Centre for Power Development said the Union renewable energy ministry had written to the state government offering solar power at Rs 4.50 per unit and questioned the price of Rs 5.72 and 15.59 approved by the commission.

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