The Central Electricity Regulatory Commission (CERC) on February 17, 2024, issued the draft Central Electricity Regulatory Commission (Terms and Conditions for Tariff Determination from Renewable Energy Sources) Regulations, 2024.
The following has been stated: -
•These regulations shall apply to cases where the tariff, for a grid-connected generating station or a unit thereof commissioned during the Control Period and based on renewable energy sources, is to be determined by the Commission.
•The Control Period under these Regulations shall be from April 01, 2024, to March 31, 2027.
•The generic tariff shall be determined by the Commission on an annual basis in accordance with these Regulations for the following types of renewable energy projects:
a) Small hydro project.
b) Biomass power project with Rankine cycle technology.
c) Non-fossil fuel-based co-generation project.
d) Biomass gasifier-based power project.
e) Biogas based power project.
f) Municipal Solid waste-based power projects and Refuse Derived Fuel-based power projects.
Notice is issued inviting comments/suggestions/objections from the stakeholders on or before March 14, 2024.
URL: https://cercind.gov.in/2024/draft_reg/DN170224.pdf
These regulations shall come into force on April 01, 2024, and, unless reviewed earlier or extended by the Commission, shall remain in force up to March 31, 2027.
The detailed notification is given in the document attached below.
[Notification No. No. RA-14026(11)/1/2023-CERC]
