Gujarat Electricity Regulatory Commission (GERC) today said that it has fixed the tariff for the solar power projects that will hold for next three years. The control period for the proposed tariff is from January 29, 2012 to March 31, 2015, an official statement said. The levelized tariffs under various categories range from Rs 8.03 per unit to Rs 11.55 per unit,the statement said. In view of the declining trend in the prices of solar photovoltaic (PV) globally, the commission has decided to reduce the tariff by seven per cent every year, during the second and third years of the control period, it said.
The final tariff applicable for projects in Gujarat looks as follows:
You may download the complete tariff order at:
Final Gujarat Solar Tariff Order 1 of 2012 (PDF File)