Solar power sector upsets by Government’s new Tariff policy

Mar 15 2019 10:35 AM
Solar power sector upsets by Government’s new Tariff policy

Bangalore: The clean energy companies are waiting for the court judgment over a request passed by the Karnataka Electricity Regulatory Agency (KERC), forcing transmission and wheeling charges on solar projects, they felt such estimates will severely hit solar energy sector. They felt the retrospective change in the policy could prompt making an adverse environment for financial specialists. The engineers claim that the request was a breach of the case by the KERC that had clarified that there would be no adjustment in transmission charges till March 31, 2018.

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As of recently, the solar developers using open access in the state were exempt from paying wheeling charges, but with the new verdict taken by the KERC, all the developers should pay 25% of the transmission or wheeling charges. The KERC further said that renewable energy developers would also need to pay for the line losses on the off chance that they are not able to provide the power they had guaranteed. This guideline was not there before. The designers opine that the request from the KERC came out of the blue, after the finish of the solar strategy, which in 2008 had exempted the developers from paying wheeling charges.

 

"This was an exemplary case of retrospective change of government strategy. The ventures had just been financed and appointed, and many Power Purchase Agreement (PPA) with private parties signed, based on the 2014 policy, which specifically and unequivocally exempted these charges for a time of ten years," one of the authorities from a main solar company said. 

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