The Tamil Nadu Electricity Regulatory Commission (TNERC) has fixed the tariff for renewable energy. While the tariff for Solar PV projects has been dropped by 27% compared to the previous tariff order, the levelised tariff of windpower has seen an increased.Solar PV projects at Rs 5.10 per unit and Rs 11.12 per unit for Solar Thermal projects without Accelerated Depreciation (AD). It may be noted, the average tariff for solar in other states are also in the range of Rs 5.5-5.7 per unit.In another order, the Commission has fixed the levelised tariff for wind power at Rs 4.16 per unit without Accelerated Depreciation (AD) benefit. The orders are issued for the next one year.
TNERC said that the AD benefit component of the tariff is Rs.0.54 per unit for solar PV and Rs 1.17 per unit for Solar Thermal. The previous tariff for solar, issued in September, 2014, which was later extended in 2015, was Rs 7.01 per unit for Solar PV projects and Rs. 11.03 per unit for Solar Thermal projects without AD benefit. The AD benefit component of the tariff is Rs.0.73 per unit for solar PV and Rs 1.15 per unit for Solar Thermal.