CSERC sets levelised tariffs for renewable energy projects

The Chhattisgarh State Electricity Commission (CSERC) has issued the final generic levelised tariff regulations for small hydro, non‐fossil fuel‐based co‐generation, biomass, and solar projects in the state for the fiscal year2019-20 and 2020-21.The commission said that the generic tariff would be set on a levelised basis for the tariff period from the commercial operation date of the projects to the end of their useful life periods. As per the regulations, capital costs would include all capital works like machinery, civil works, erection and commissioning, financing and interest during construction, and evacuation infrastructure up to the interconnection point. The generic levelised tariff will be applicable to the projects that will achieve operation in the financial year 2019-20 and 2020-21 and have long-term power purchase agreements with distribution companies in the state.