The Central Electricity Regulatory Commission (CERC) has given its approval for a levelised tariff of Rs 6.99 per unit for NLC India Limited’s 20 MW solar power facility, which includes a battery energy storage system (BESS). The project is situated in Dollygunj and Attam Pahad in the Andaman & Nicobar Islands.
Of the 20 MW solar capacity, 2.5 MW from the solar PV segment began operating on December 31, 2018, and the remaining capacity, which included the BESS began operations on June 30, 2020. The approved tariff contrasts with the request for a rate of Rs 7.434 per unit by NLCIL, with actual central financial assistance received.
Recently, in October 2023, CERC granted permission to modify renewable energy certificate agreements, resulting in alterations to the trading dynamics at both the Indian Energy Exchange and Power Exchange India Limited.
In September 2023, CERC granted approval to a tariff of Rs 3.26 per kWh for a grid-connected 15 MW floating solar project, connected with inter-state transmission system of Bhakra Beas Management Board in the Nangal Pond of Himachal Pradesh.