According to recent reports the Gujarat government has proposed maximum tariff of Rs7.49 per unit, which is half of current tariff of Rs15 per unit, to solar power developers, who fail to start their unit by January 28, 2012. The tariff for units commissioned after January 28 is to be decided by Gujarat Electricity Regulatory Commission (GERC), but the state government says that it should not be more than Rs7.49 per unit. The state power utility Gujarat Urja Vikas Nigam Limited (GUVNL) had signed power purchase agreements with solar power developers offering them tariff of Rs15 per unit for units commissioned on or before January 28, 2012, when the control period would end.
More than 400 mw of solar power generation capacity is expected to be operational in the state by January 28. Around 300 mw of capacity has either already been commissioned or is ready for commission. These developers would get Rs15 per unit for first 12 years and Rs5 per unit for next 13 years.
According to officials, GERC is expected to take a decision with regards to extending the control period and the tariff to be offered to solar projects commissioned after January 28 soon.
Meanwhile the outcome of Gandhinagar Roof Top Photovoltaic Program (2.5 MW X 2) is also expected anytime soon.
Next 15 days are hence strategically very important as far as the future of Gujarat Solar Projects is concerned. Meanwhile along with enjoying cold winter waves sweeping across Gujarat in the next coming days too, let us wait and watch….