The Joint Electricity Regulatory Commission (JERC) for the State of Goa and Union Territories on March 21, 2025, notified regarding the determination of the Generic Levelised Tariff for the Renewable Energy Technologies as specified under Regulation 8 of the JERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2024.
The following has been stated, namely: -
• It has determined generic levelised tariffs for various renewable energy (RE) technologies for the control period FY 2024-25 to FY 2026-27, setting standard tariff rates (Rs/kWh) for procurement of power from RE projects without the need for project-specific petitions.
• Tariffs are differentiated by technology and region, with small hydro projects (SHP), biomass power, and other biomass variations having distinct levelised rates that slightly increase each year across the control period; island projects carry higher tariffs than mainland projects.
• The order ensures tariff predictability for developers, distribution utilities, and investors by fixing rates for three financial years, promoting renewable power deployment in JERC jurisdictions (Goa, UTs, including A&N Islands, etc.).
• The tariff determination factors in norms like capital cost, operation and maintenance expenses, plant load factor, discount factor, and useful life of the project as per JERC regulations.
• These generic tariffs act as benchmarks for power purchase agreements (PPAs) and procurement decisions by distribution licensees, streamlining RE integration into the grid.
The detailed notification is attached below.
