Last month, Tamil Nadu Electricity Regulatory Commission (TNERC) approved plans for the state energy to acquire one more 500MW to earn up for a predicted shortage in reaching its solar Renewable Purchase Obligations (RPO), which are set at 2.5% for the year 2016-17 as well as 5% for the year 2017/18.
The tendered projects have to be between 1MWac as well as 50MWac in capacity. On the other hand, the maximum tariff has been set INR 5.10/ kWh (US$ 0.076), with PPAs to be signed with TANGEDCO.
The state’s solar strategy established in 2012 consisted of proposals to develop 3GW of PV ability by the end of 2015. Although except that target today, Ministry of New and Renewable Energy (MNRE) figures this week revealed that Tamil Nadu has actually taken the top place in terms of collective solar deployment from all the Indian states with a substantial installed base of 1,555 MW.
Nevertheless, both wind and also solar designers have actually experienced curtailments in the state in recent months.