The Maharashtra Energy Regulatory Commission (MERC) has increased the power tariff for agricultural consumers by almost 100 per cent. From 2017-18 onwards, MERC has adopted the revised multi-year-tariff (MYT) programme, under which, the electricity rates will be revised every year on April 1. The absence of any additional government subsidy to agriculture consumers, will lead to a 100 per cent rise in electricity prices for these consumers. This move aims to reduce the losses of the discoms, which are primarily due to large subsidies given to agricultural consumers. The government will continue to offer standard subsidy to metered consumers.
The Karnataka Electricity Regulatory Commission (KERC) has set Rs 4.36 per kWh as the benchmark tariff for grid-connected, large-scale solar projects for the year 2017-18. The new tariff will be applicable to all new grid-connected, solar photovoltaic (PV) projects, for which the power purchase agreements (PPAs) are signed between April 1, 2017 and April 1, 2018.