New regulations proposed for determining renewable energy tariff
Power producers demand higher benchmark prices for cost components. The Central Electricity Regulatory Commission (CERC) recently went public with its proposed terms and conditions for determining electricity tariffs to be paid to renewable energy power producers. A public hearing on the draft regulations was held in December last where stakeholders submitted their objections and suggestions. The regulations, which will replace the regulations that expire this year, will be valid for the next five years, starting April 1.