In an contribution to instill solar energy generation in the pronounce, the Karnataka Electricity Narrow Indictment (KERC) has exempted solar power generators from paying the wheeling and banking charges, and cross-subsidy tallying for 10 years from the patio of commissioning of their generating units.
This immunity chi relief as an drive to solar power generation units in the pronounce for units conventional up to Walk back and forth 31, 2018, the KERC supposed in a statement.
The wheeling and banking charges justifiable to renewable energy is on all sides of 7 per cent of the power generated and transmitted underneath obtainable access and wheeling while the irritated profit tallying ranges from 7 paise to Rs 4.75 per division. Omission from these charges chi spread solar power to be sold in the market to obtainable access users at ruthless put, KERC supposed.
This immunity chi spread solar energy producers to save about Rs 3.10 per division and free them afterward the average playing quarter afterward other power producers. It chi besides exploit them to strong project finance from banks for long-lasting, a KERC royal supposed.
KERC in its group of pupils off October 10, 2013 had determined not to payment any wheeling and banking charges and irritated profit tallying to the solar generators who stock electricity on obtainable access within the pronounce of Karnataka. It was extra particular that the immunity is roughly up to Walk back and forth 31, 2018.
After that, accurate of the stakeholders sought after suspension on confidence of the alter of such immunity very Walk back and forth 31, 2018, to arouse investments and find project finance from banks and fiscal institutions. To back-to-back these concerns, the casing issued a ventilation shape on July 7, 2014 informal remarks and suggestions from stakeholders. It besides held country tryout on the regard on July 31, 2014.
"In the past with the conception of the stakeholders, the casing information that at cause the proposition of generation of solar power years boss than other sources of renewable energy, it is strip that immunity of wheeling and banking charges and irritated profit tallying is outspread to solar power generators to spread them to market their power on obtainable access means," KERC supposed in the statement.
Such as roughly stakeholders had asked for an immunity from these charges for the alter of sum settlement, projected at 12 years to 15 years, the casing has careful a least sum settlement alter of 10 years for trees commissioned involving April 1, 2014 and Walk back and forth 31, 2018.
The casing issued the group of pupils on Esteemed 18, 2014 which chi be justifiable to solar generators custom power to consumers within the pronounce on obtainable access means for a alter of 10 years from the patio of commissioning. The benefit of the group of pupils is roughly to projects commissioned the whole time the alter from April 1, 2013 to Walk back and forth 31, 2018. This immunity is besides outspread to jailed solar trees for self-consumption within the pronounce, KERC additional.
Shortly, the pronounce has an installed size of 45 Mw of solar energy and inexperienced 150 Mw projects are in their a lot of stages of commissioning and go on stream in the near two years. Very these, the pronounce organization has envisaged generation of inexperienced 1,000 Mw solar energy by 2018 in its new solar energy plans.
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