These guidelines will set general parameters of tariff for all the projects based on renewable energy sources that are being set up in the state. A senior official of Haryana renewable energy development agency (Hareda) told FE that these guidelines were issued to the agency by HERC on February 28 and these will help in providing a common tariff platform to the renewable energy projects.
The control period for these norms will be three years ie these norms will be valid for three years of which the first year will be 2010-11. The commission will determine the generic tariff on basis of suo-motu petition at least six months in advance in the beginning of each year of the control period. The tariff will be fixed every year by HERC and this years tariff is also expected to be fixed soon, said the official.
A common tariff will be fixed by the commission but in case of a few technologies, projects specific tariff will be fixed on case to case basis. These technologies include - municipal solid waste, poultry litter, mixed feed, new renewable energy technologies approved by MNRE, hybrid solar thermal power plant, biomass power projects other then rankine cycle, solar PV and solar thermal if a project developer opts for projects specific tariff.
The official further added, Since the new guidelines will come into force now, they will annul the tariff orders issued by HERC earlier in May 2007 and November 2009. But at present since there is no tariff issued there cannot be any power purchase agreement with the developer. We are waiting for the new tariffs to be fixed soon. The generic tariff shall be determined on levelised basis for the tariff period based on return of equity, interest on loan capital/ working capital including margin money, depreciation and O&M expenses.