KSERC sets the interim tariff for power purchased from IREDA

The Kerala State Electricity Regulatory Commission (KSERC) has set an interim tariff of Rs 3.90 per kWh for the electricity supplied from the 50 MW Kasargod solar park in the state. The tariff will be payable by the Kerala State Electricity Board (KSEB) to the Indian Renewable Energy Development Agency (IREDA). KSERC’s decision comes in the wake of IREDA’s petition on the approval of the power sale agreement (PSA) for this capacity as it had not received the payment of the 40 MUs of energy supplied to KSEB.