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No. BERC SMP No-
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following regulations, nam
1. Short title and
1) These Regul
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Renewable E
2) These regula
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2.
Definitions an
context otherwise requires
a)
‘Act’ mean
b)
'Auxiliary e
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generator t
REGISTERED
Bihar Gazett
Bihar Gazett
Bihar Gazett
Bihar Gazett
XTRA ORDINARY
SHED BY AUTHORITY
2 KARTIKA 1939(S)
ATNA, TUESDAY, 24TH OCTOB
ectricity Regulatory Commission
————
NOTIFICATION
The 24th October 2017
-10/2017–06— In exercise of powers confe
ad with Section 181 (2) (zd) of the Electricit
r powers enabling it in this behalf, and aft
Electricity Regulatory Commission hereby
mely:
d commencement
ations may be called the Bihar Electricity
(Terms and Conditions for Tariff determin
Energy Sources) Regulations, 2017.
ations shall come into force on the date of
al Gazette, and unless reviewed earlier or e
sion, shall remain in force for a period of 3
ommencement.
ations shall extend to the whole of the Stat
nd Interpretation.—In these regulations,
s,
ns the Electricity Act, 2003 (36 of 2003);
energy consumption' in relation to a per
ating station means the quantum of energy
ary
equipment
of
the
generating
st
er losses within the generating station
entage of the sum of gross energy gener
terminals of all the units of the generating s
NO. PT.-40
tetetete
BER 2017
erred under
ty Act, 2003
ter previous
makes the
y Regulatory
nation from
publication
extended by
3 years from
e of Bihar.
unless the
riod in case
y consumed
tation,
and
n, expressed
rated at the
station;
2
BIHAR GAZETTE (EXTRA) 24TH OCTOBER 2017
c)
‘Biomass’ means wastes produced during agricultural and
forestry operations (for example straws and stalks) or produced
as a by-product of processing operations of agricultural produce
(e.g., husks, shells, de-oiled cakes, etc); wood produced in
dedicated
energy
plantations
or
recovered
from
wild
bushes/weeds; and the wood waste produced in some industrial
operations;
d)
‘Biomass
gasification’
means
a
process
of
incomplete
combustion of biomass resulting in production of combustible
gases consisting of a mixture of Carbon monoxide (CO),
Hydrogen (H2) and traces of Methane (CH4), which is called
producer gas;
e)
‘Biogas’ means a gas created when organic matter like crop
residues, sewage and manure breaks down in an oxygen-free
environment;
f)
‘Capital cost’ means the capital cost as defined in regulations
12, 26, 27, 28, 29, 30 & 31;
g)
'Commission'
means
the
Bihar
Electricity
Regulatory
Commission referred to in sub-section (1) of section 82 of the
Act;
h) ‘Conduct of Business Regulations’ means the Bihar Electricity
Regulatory Commission (Conduct of Business) Regulations, 2005
as amended from time to time;
i)
‘Control Period or Review Period’ means the period during
which the norms for determination of tariff specified in these
regulations shall remain valid;
j)
‘Gross calorific value’ or ‘GCV’ in relation to a fuel used in
generating station means the heat produced in kCal by complete
combustion of one kilogram of solid fuel or one liter of liquid fuel
or one standard cubic meter of gaseous fuel, as the case may be;
k)
‘Gross station heat rate’ or ‘GHR’ means the heat energy input
in k.Cal required to generate one kWh of electrical energy at
generator terminals of a thermal generating station;
l)
‘Hybrid Solar Thermal Power Plant’ means the solar thermal
power plant that uses other forms of energy input sources along
with solar thermal energy for electricity generation, and wherein
not less than 75% of electricity is generated from solar energy
component;
m) ‘Installed capacity' or 'IC’ means the summation of the name
plate capacities of all the units of the generating station or the
capacity of the generating station (reckoned at the generator
terminals), approved by the Commission from time to time;
n) ‘Inter-connection
Point’
shall
mean
interface
point
of
renewable energy generating facility with the transmission
system or distribution system, as the case may be:
i.
For solar photovoltaic Projects, inter-connection point shall
be line isolator on outgoing feeder on HV side of the pooling
sub-station;
"Pooling sub-station" means a sub-station developed by the
developer/ generator pooling of generation from individual
turbine is done for interface with receiving sub-station.
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BIHAR GAZETTE (EXTRA), 24TH OCTOBER 2017
ii.
in relation to small hydro power, biomass power and non
fossil fuel based cogeneration power projects and solar
thermal Power Projects the, inter-connection point shall be
line isolator on outgoing feeder on HV side of generator
transformer;
o)
‘MNRE’ means the Ministry of New and Renewable Energy of
the Government of India;
p)
‘Municipal solid waste’ means and includes commercial and
residential wastes generated in a municipal or notified areas in
either solid or semi-solid form excluding industrial hazardous
wastes but including treated bio-medical wastes;
q)
‘Non-firm power’ means the power generated from renewable
sources, the hourly variation of which is dependent upon
nature’s phenomenon like sun, cloud, wind, etc., that cannot be
accurately predicted;
r)
‘Non fossil fuel based co-generation’ means the process in
which more than one form of energy (such as steam and
electricity) are produced in a sequential manner by use of
biomass provided the project may qualify to be a co-generation
project if it fulfills the eligibility criteria as specified in
Regulation 4;
s)
'Operation and maintenance expenses’ or ‘O&M expenses'
means the expenditure incurred on operation and maintenance
of the project, or part thereof, and includes the expenditure on
manpower, repairs, spares, consumables, insurance and
overheads;
t)
'Project' means a generating station or the evacuation
system upto inter-connection point, as the case may be, and in
case of a small hydro generating station includes all components
of generating facility such as dam, intake water conductor
system, power generating station and generating units of the
scheme, as apportioned to power generation;
u) ‘Refuse derived fuel’ means segregated combustible fraction of
solid waste other than chlorinated plastics in the form of pellets
or fluff produced by drying, de-stoning, shredding, dehydrating,
and compacting combustible components of solid waste that can
be used as fuel;
v)
‘Renewable Energy’ means the grid quality electricity generated
from renewable energy sources;
w) ‘Renewable Energy Power Plants’ means the power plants
other than the conventional power plants generating grid quality
electricity from renewable energy sources;
x)
‘Renewable Energy Sources’ means renewable sources such as
small hydro, wind, solar including its integration with combined
cycle, biomass, bio fuel cogeneration, urban or municipal waste
and other such sources as approved by the MNRE;
y)
‘Small Hydro’ means Hydro Power projects with a station
capacity up to and including 25 MW;
z)
‘Solar PV power’ means the Solar Photo Voltaic power project
that uses sunlight for direct conversion into electricity
through Photo Voltaic technology;
aa) ‘Solar Thermal power’ means the Solar Thermal power project
that uses sunlight for direct conversion into electricity through
4
BIHAR GAZETTE (EXTRA) 24TH OCTOBER 2017
Concentrated Solar Power technology based on either line focus
or point focus principle;
bb) ‘Tariff period’ means the period for which tariff is to be
determined by the Commission on the basis of norms specified
under these Regulations;
cc) ‘Useful Life’ in relation to a unit of a generating station including
evacuation system shall mean the following duration from the
date of commercial operation (COD) of such generation facility,
namely:-
Sl
No
RE Projects
Useful
Life
(Years)
1
Wind energy power project
25
2
Bio mass power project with Rankine cycle technology
20
3
Non-fossil fuel cogeneration project
20
4
Small Hydro Plant
35
5
Municipal Solid Waste (MSW)/ and
Refuse Derived Fuel (RDF) based power project
20
6
Solar PV/Solar thermal power project
25
7
Biomass Gasifier based power project
20
8
Biogas based power project
20
dd)
‘Year’ means a financial year.
Save as aforesaid and unless repugnant to the context or if the
subject- matter otherwise requires, words and expressions used
in these regulations and not defined, but defined in the Act, or
the Indian Electricity Grid Code or Bihar Electricity Grid code or
the Central Electricity Regulatory Commission (Terms and
conditions of Tariff) Regulations, 2012 shall have the meanings
assigned to them respectively in the Act or the Indian Electricity
Grid Code or Bihar Electricity Grid Code or the Central Electricity
Regulatory
Commission
(Terms
and
conditions
of
Tariff)
Regulations, 2012.
3. Scope and extent of application.—These regulations shall apply in
all cases where tariff, for a generating station or a unit thereof based on
renewable sources of energy, is to be determined by the Commission under
Section 62 read with Section 86 of the Act.
Provided that in cases of Biomass power based on Rankine cycle, non-
fossil fuel based cogeneration projects, Solar PV , Solar Thermal power projects,
Biomass gasifier, Biogas power project, Municipal solid waste and Refuse
derived fuel based power projects, these regulations shall apply subject to the
fulfillment of eligibility criteria specified in Regulation 4 of these Regulations.
4. Eligibility Criteria
a) Small hydro project – The project shall qualify to be termed as
small hydro project if it is located at the sites approved by State
Nodal Agency/State government using new plant and machinery,
and installed power plant capacity to be lower than or equal to 25
MW at single location.
b) Biomass power project based on Rankine cycle technology –
The project shall qualify to be termed as Biomass power projects if
it is using new plant and machinery based on Rankine cycle
technology and using biomass fuel sources, without use of fossil
fuel.
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BIHAR GAZETTE (EXTRA), 24TH OCTOBER 2017
c) Non-fossil fuel based co-generation project: The project shall
qualify to be termed as a non-fossil fuel based co-generation
project, if it is using new plant and machinery and is in
accordance with the definition and also meets the qualifying
requirement outlined below:
Topping cycle mode of co-generation – Any facility that uses non-fossil
fuel input for the power generation and also utilizes the thermal energy
generated
for
useful
heat
applications
in
other
industrial
activities
simultaneously.
Provided that for the co-generation facility to qualify under topping cycle
mode, the sum of useful power output and one half the useful thermal output
be greater than 45% of the facility’s energy consumption, during season.
Explanation- For the purposes of this clause,
(i)
‘Useful power output’ is the gross electrical output from the
generator. There will be an auxiliary consumption in the
cogeneration plant itself (e.g. the boiler feed pump and the FD/ID
fans). In order to compute the net power output it would be
necessary to subtract the auxiliary consumption from the gross
output. For simplicity of calculation, the useful power output is
defined as the gross electricity (kWh) output from the generator.
(ii) ‘Useful Thermal Output’ is the useful heat (steam) that is
provided to the process by the cogeneration facility.
(iii) ‘Energy Consumption’ of the facility is the useful energy input
that is supplied by the fuel (normally bagasse or other such
biomass fuel).
(iv) 'Topping Cycle' means a co-generation process in which thermal
energy produces electricity followed by useful heat application.
d) Solar PV and Solar Thermal Power Project – The project shall
qualify to be termed as Solar PV and Solar Thermal Power project,
if it is based on technologies as approved by MNRE.
e) Biomass Gasifier based Power Project – The project shall qualify
to be termed as a biomass gasifier based power project, if it is
using new plant and machinery and having a grid connected
system that uses 100% producer gas engine, coupled with gasifier
technologies approved by MNRE.
f) Municipal solid waste (MSW) based power projects – The
project shall qualify to be termed as a Municipal solid waste
(MSW) based power project if it is using new plant and machinery
based on Rankine cycle technology and using Municipal solid
waste (MSW) as fuel sources
g) Refuse derived fuel (RDF) based power projects – The project
shall qualify to be termed as a Refuse derived fuel (RDF) based
power project, if it is using new plant and machinery based on
Rankine cycle technology and using Refuse derived fuel (RDF) as
fuel sources
h) Wind power project – using new wind turbine generators, located
at the sites approved by State Nodal Agency/State Government.
i) Biogas based Power Project – The project shall qualify to be
termed as a biogas based power project, if it is using new plant
and machinery and having grid connected system that uses 100%
Biogas fired engine, coupled with Biogas technology for co-
digesting agriculture residues, manure and other bio waste as
may be approved by MNRE.
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BIHAR GAZETTE (EXTRA) 24TH OCTOBER 2017
5. Control Period or Review Period.— The Control Period or Review
Period under these Regulations shall be of three (3) years, of which the first year
shall be the financial year 2017-18.
Provided that the tariff determined as per these Regulations for the RE
projects commissioned during the Control Period, shall continue to be
applicable for the entire duration of the Tariff Period as specified in Regulation
6 below.
Provided further that the revision in Regulations for next Control Period
shall be undertaken six months prior to the end of the first Control Period and
in case Regulations for the next Control Period are not notified until
commencement of next Control Period, the tariff norms as per these
Regulations shall continue to remain applicable until notification of the revised
Regulations subject to adjustments as per revised Regulations.
6. Tariff Period
a) The Tariff Period for Renewable Energy power projects will be
same as their Useful Life as defined in Regulation 2 (z) (cc) of
these Regulations.
b)
Tariff period under these Regulations shall be considered from
the date of commercial operation of the renewable energy
generating stations.
c)
Tariff determined as per these Regulations shall be applicable for
Renewable Energy power projects, for the duration of the Tariff
Period as stipulated under Clause (a) and (b).
7. Project Specific tariff
(a) Project specific tariff, on case to case basis, shall be determined
by the Commission for the following types of projects:
(i)
Biogas based projects;
(ii)
Hybrid Solar Thermal Power Projects;
(iii) Small Hydro Projects
(iv) Other hybrid projects include renewable–renewable or
renewable–conventional
sources,
for
which
renewable
technology is approved by MNRE;
(v) Any other new renewable energy technologies approved by
MNRE.
(vi) Wind Power projects.
(b) Determination of Project specific tariff for generation of electricity
from such renewable energy sources shall be in accordance with
such terms and conditions as stipulated under relevant
Regulations/Orders of BERC/CERC.
Provided that the financial norms as specified under these Regulations,
except for capital cost, shall be ceiling norms while determining the project
specific tariff.
8. Petition and proceedings for determination of tariff
(1)
The Commission shall determine the generic tariff on the basis
of suo-motu proceeding at the beginning of each year of the
Control period for the following types of projects, for which
norms have been specified under the Regulations:
(a)
Solar PV including Rooftop Solar PV and Solar Thermal.
(b)
Biomass Power Projects based on Rankine Cycle
Technologies.
(c)
Non-fossil fuel based cogeneration projects.
(d)
Biomass gasifier projects.
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BIHAR GAZETTE (EXTRA), 24TH OCTOBER 2017
(e)
MSW/RDF project based on Rankine cycle.
(2)
A petition for determination of project specific tariff shall be
accompanied by such fee as may be determined by Regulations
and shall be accompanied by:
a)
Information in forms 1.1, 1.2, 2.1 and 2.2 as the case may
be, and as appended in these regulations;
b)
Detailed project report outlining technical and operational
details, site specific aspects, premise for capital cost and
financing plan etc.
c)
A statement of all applicable terms and conditions and
expected expenditure for the period for which tariff is to be
determined.
d)
A statement containing full details of calculation of any
subsidy and incentive received, due or assumed to be due
from the Central Government and/or State Government.
This statement shall also include the proposed tariff
calculated without consideration of the subsidy and
incentive.
e)
Any other information that the Commission requires the
petitioner to submit.
(3)
The proceedings for determination of tariff shall be in
accordance with the BERC (Conduct of Business) Regulations,
2005.
9. Tariff Structure.—The tariff for renewable energy technologies shall
be single part tariff consisting of the following fixed cost components:
(a) Return on equity;
(b) Interest on loan capital;
(c) Depreciation;
(d) Interest on working capital;
(e) Operation and maintenance expenses;
Provided that for renewable energy technologies having fuel cost
component, like RDF fuel based Waste to Energy projects, biomass
power projects and non-fossil fuel based cogeneration, Biomass gasifier
projects, single part tariff with two components, fixed cost component
and fuel cost component, shall be determined.
10. Tariff Design
(1)
The generic tariff shall be determined on levellised basis for the
Tariff Period.
Provided that for renewable energy technologies having single
part tariff with two components, tariff shall be determined on levellised
basis considering the year of commissioning of the project for fixed cost
component while the fuel cost component shall be specified on year of
operation basis.
(2)
For the purpose of levellised tariff computation, the discount
factor equivalent to Post Tax weighted average cost of capital
shall be considered.
(3)
Levellisation shall be carried out for the ‘useful life’ of the
Renewable Energy project while Tariff shall be specified for the
period equivalent to ‘Tariff Period’.
11. Despatch principles for electricity generated from Renewable
Energy Sources:
(1) All renewable energy power plants except for biomass power
plants with installed capacity of 10 MW and above, and non-
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BIHAR GAZETTE (EXTRA) 24TH OCTOBER 2017
fossil fuel based cogeneration plants shall be treated as ‘MUST
RUN’ power plants and shall not be subjected to ‘merit order
despatch’ principles.
(2) The biomass power generating station with an installed capacity
of 10 MW and above and non-fossil fuel based co-generation
projects shall be subjected to scheduling and despatch code as
specified under Indian Electricity Grid Code (IEGC) and Central
Electricity
Regulatory
Commission
(Deviation
Settlement
Mechanism and Related Matters) Regulations, 2014 including
amendments thereto.
(3) Scheduling of wind and solar energy shall be governed as per
the aforesaid provisions of Central Electricity Regulatory
Commission (Indian Electricity Grid Code) (Third Amendment)
Regulations,
2015
and
Central
Electricity
Regulatory
Commission (Deviation Settlement Mechanism and related
matters) (Second Amendment) Regulations, 2015 as amended
from time to time.”
12. Capital Cost—The norms for the Capital cost as specified in these
Regulations shall be inclusive of all capital work including plant and
machinery, civil work, erection and commissioning, financing and interest
during construction, and evacuation infrastructure up to inter-connection
point.
Provided that for project specific tariff determination, the generating
company shall submit the break-up of capital cost items along with its petition
in the manner specified under Regulation 8.
13. Debt Equity Ratio
(1) For generic tariff to be determined based on suo-motu proceeding,
the debt equity ratio shall be 70:30.
(2) For Project specific tariff, the following provisions shall apply:-
If the equity actually deployed is more than 30% of the capital cost,
equity in excess of 30% shall be treated as normative loan.
Provided that where equity actually deployed is less than 30% of the
capital cost, the actual equity shall be considered for determination of tariff:
Provided further that the equity invested in foreign currency shall be
designated in Indian rupees on the date of each investment.
14. Loan and Finance Charges.—For the purpose of determination of
tariff, loan tenure of 10 years shall be considered.
15 Interest Rate.—
(a) The loans arrived at in the manner indicated in the Regulation 13
shall be considered as gross normative loan for calculation for
interest on loan. The normative loan outstanding as on 1st April of
every year shall be worked out by deducting the cumulative
repayment up to March 31st of previous year from the gross
normative loan.
(b) For the purpose of computation of tariff, normative interest rate of
two hundred (200) basis points above the average State Bank of
India MCLR (one year tenor) prevalent during the last available six
months shall be considered.
(c) Notwithstanding any moratorium period availed by the generating
company, the repayment of loan shall be considered from the first
year of commercial operation of the project and shall be equal to
the annual depreciation allowed.
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BIHAR GAZETTE (EXTRA), 24TH OCTOBER 2017
16. Depreciation
(1) The value base for the purpose of depreciation shall be the
Capital Cost of the asset admitted by the Commission. The
Salvage value of the asset shall be considered as 10% and
depreciation shall be allowed up to maximum of 90% of the
Capital Cost of the asset.
(2) Depreciation rate of 7.0 % per annum for first 10 years and
remaining depreciation to be spread during remaining useful life
of the RE projects considering the salvage value of the project as
10% of project cost shall be considered.
(3) Depreciation shall be chargeable from the first year of
commercial operation Provided that in case of commercial
operation of the asset for part of the year, depreciation shall be
charged on pro rata basis.
17. Return on Equity
(1) The value base for the equity shall be 30% of the capital cost or
actual equity (in case of project specific tariff determination) as
determined under Regulation 13.
(2) The normative Return on Equity shall be 14 %, to be grossed
up by prevailing MAT as on 1st April of previous year for the
entire useful life of the project.
18. Interest on Working Capital
(1)
The Working Capital requirement in respect of Solar PV and
Solar thermal power projects shall be computed in accordance
with the following:
Solar PV / Solar thermal
a) Operation & Maintenance expenses for one month;
b) Receivables equivalent to 2 (Two) months of energy charges
for sale of electricity calculated on the normative CUF;
c) Maintenance spare @ 15% of operation and maintenance
expenses
(2)
The Working Capital requirement in respect of biomass power
projects with Rankine Cycle technology, Biomass Gasifier
based power projects, non-fossil fuel based co-generation,
Muncipal Solid Waste and Refuse Derived Fuel projects shall
be computed in accordance with the following clause :
a) Fuel costs for four months equivalent to normative PLF;
However, in case of non-fossil fuel co-generation, fuel cost
for one month will be considered.
b) Operation & Maintenance expense for one month;
c) Receivables equivalent to 2 (Two) months of fixed and
variable charges for sale of electricity calculated on the
target PLF;
d) Maintenance spare @ 15% of operation and maintenance
expenses
(3)
Interest on Working Capital shall be at interest rate equivalent
to the normative interest rate of three hundred (300) basis
points above the average State Bank of India MCLR (One Year
Tenor) prevalent during the last available six months for the
determination of tariff.
19. Calculation of CUF/PLF.—The number of hours for calculation of
CUF/PLF (wherever applicable) for various RE technologies shall be 8760.
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BIHAR GAZETTE (EXTRA) 24TH OCTOBER 2017
20. Operation and Maintenance Expenses
(1)
‘Operation and Maintenance or O&M expenses’ shall comprise
repair and maintenance (R&M), establishment including
employee expenses, and administrative and general expenses.
(2)
Operation and maintenance expenses shall be determined for
the Tariff Period based on normative O&M expenses specified
by the Commission subsequently in these Regulations for the
first Year of Control Period.
(3)
Normative O&M expenses allowed during first year of the
Control Period (i.e. FY 2017-18) under these Regulations shall
be escalated at the rate of 5.72% per annum over the Tariff
Period.
21. Rebate.
(1)
For payment of bills of the generating company through letter
of credit, a rebate of 2% shall be allowed.
(2)
Where payments are made other than through letter of credit
within a period of one month of presentation of bills by the
generating company, a rebate of 1% shall be allowed.
22. Late payment surcharge.—In case the payment of any bill for
charges payable under these regulations is delayed beyond a period of 60 days
from the date of billing, a late payment surcharge at the rate of 1.25% per
month shall be levied by the generating company.
23. Sharing of Clean Development Management (CDM) Benefits.—
The proceeds of carbon credit from approved CDM project shall be shared
between generating company and concerned beneficiaries in the following
manner, namely-
a) 100% of the gross proceeds on account of CDM benefit to be
retained by the project developer in the first year after the date
of commercial operation of the generating station;
b) In the second year, the share of the beneficiaries shall be 10%
which shall be progressively increased by 10% every year till it
reaches 50%, where after the proceeds shall be shared in equal
proportion, by the generating company and the beneficiaries.
24. Subsidy or incentive by the Central / State Government.—The
Commission shall take into consideration any incentive or subsidy offered by
the Central or State Government, including accelerated depreciation benefit if
availed by the generating company, for the renewable energy power plants while
determining the tariff under these Regulations.
Provided that the following principles shall be considered for ascertaining
income tax benefit on account of accelerated depreciation, if availed, for the
purpose of tariff determination:
i) Assessment of benefit shall be based on normative capital cost,
accelerated Depreciation rate as per relevant provisions under
Income Tax Act and corporate income tax rate.
ii) Capitalization of RE projects during second half of the fiscal year.
Per unit benefit shall be derived on levellised basis at discount
factor equivalent to weighted average cost of capital.
25. Taxes and Duties.—Tariff determined under these regulations shall
be exclusive of taxes and duties as may be levied by the appropriate
Government:
Provided that the taxes and duties levied by the appropriate Government
shall be allowed as pass through on actual incurred basis.
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BIHAR GAZETTE (EXTRA), 24TH OCTOBER 2017
26. Technology specific parameters for Biomass Power Projects
based on Rankine Cycle Technology.
I. Technology Aspect.—The norms for tariff determination specified
hereunder are for biomass power projects based on Rankine cycle technology
application using water cooled condenser.
II. Capital Cost.—The normative capital cost for FY 2017-18 for
Biomass Projects shall be as under:
Biomass Rankine Cycle Projects
Capital Cost
(FY 2017-18)
(Rs. lakhs/MW)
Project [other than rice straw and juliflora
(plantation) based project] with water cooled
condenser
559.03
Project [other than rice straw and
Juliflora(plantation) based project] with air cooled
condenser
600.44
For rice straw and juliflora (plantation) based
project with water cooled condenser
610.80
For rice straw and juliflora(plantation) based
project with air cooled condenser
652.20
III. Capital Cost Indexation Mechanism.—The Capital Cost for
Biomass Power Projects based on Rankine Cycle Technology as specified for
first year of the control period will remain valid for the entire duration of the
control period unless reviewed earlier by the Commission.
IV. Plant Load Factor
(1)
Threshold Plant Load Factor for determining fixed charge
component of Tariff shall be:
a)
During Stabilisation: 60%
b)
During the remaining period of the first year (after
stabilization): 70%
c)
From 2nd Year onwards: 80 %
(2)
The stabilisation period shall not be more than 6 months from the
date of commissioning of the project.
V. Auxiliary Consumption.—The auxiliary power consumption
factor shall be as follows:-
a) For the project using water cooled condenser:
i. During first year of operation : 11%
ii. From 2nd year onwards : 10%
b) For the project using air cooled condenser:
i. During first year of operation : 13%
ii. From 2nd year onwards : 12%
VI. Station Heat Rate.—The Station Heat Rate for biomass power
projects shall be :
a) For projects using travelling grate boilers : 4200 kCal/kWh
b) For projects using AFBC boilers : 4125 kCal/ kWh
VII. Operation and Maintenance Expenses
(1)
Normative O&M expenses for the first year of the Control period
(i.e. FY 2017-18 shall be Rs. 40 Lakh per MW.
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BIHAR GAZETTE (EXTRA) 24TH OCTOBER 2017
(2) Normative O&M expenses allowed at the commencement of the
Control Period (i.e. FY 2017-18) under these Regulations shall be
escalated at the rate of 5.72% per annum.
VIII. Fuel Mix
(1) The biomass power plant shall be designed in such a way that it
uses different types of non-fossil fuels available within the
vicinity of biomass power project such as crop residues, agro-
industrial residues, forest residues etc. and other biomass fuels
as may be approved by MNRE.
(2) The Biomass Power Generating Companies shall ensure fuel
management plan to ensure adequate availability of fuel to meet
the respective project requirements.
IX. Use of Fossil Fuel.—The use of fossil fuels shall not be allowed.
Provided that for the biomass power projects commissioned on or before
the date of publication of these Regulations in official Gazette, the use of fossil
fuels to the extent of 15% in terms of calorific value on annual basis shall be
allowed for the tariff period from the date of commissioning.
X. Monitoring Mechanism for the use of fossil fuel
(1)
The Project developer shall furnish a monthly fuel usage
statement and monthly fuel procurement statement duly certified
by Chartered Accountant to the beneficiary (with a copy to
appropriate agency appointed by the Commission for the purpose
of monitoring the fossil and non-fossil fuel consumption) for each
month, along with the monthly energy bill. The statement shall
cover details such as -
a)
Quantity of fuel (in Tonnes) for each fuel type (biomass fuels
and fossil fuels) consumed and procured during the month
for power generation purposes,
b)
Cumulative quantity (in Tonnes) of each fuel type consumed
and procured till the end of that month during the year,
c)
Actual (gross and net) energy generation (denominated in
units) during the month,
d)
Cumulative actual (gross and net) energy generation
(denominated in units) until the end of that month during
the year,
e)
Opening fuel stock quantity (in tonnes),
f)
Receipt of fuel quantity (in tonnes) at the power plant site
and
g)
Closing fuel stock quantity (in tonnes) for each fuel type
(biomass fuels and fossil fuels) available at the power plant
site.
(2)
Non-compliance with the condition of fossil fuel usage by the
project developer, during any financial year, shall result in
withdrawal of applicability of tariff as per these Regulations for
such biomass based power project.
XI. Calorific Value.—The Calorific Value of the biomass fuel used for the
purpose of determination of tariff shall be at 3174 kCal/kg.
XII. Fuel Cost for FY 2017-18.—Biomass fuel price during first year of
the Control Period (i.e. FY 2017-18) shall be Rs. 3073.05/MT .For each
subsequent year of the Tariff Period, the normative escalation factor of 5% per
annum shall be applicable at the option of the biomass project developer or
shall be as decided by the Commission.
13
BIHAR GAZETTE (EXTRA), 24TH OCTOBER 2017
27. Technology specific parameters for Non-fossil fuel based
Cogeneration Projects.
I. Technology Aspect.—A project shall qualify as a non-fossil fuel
based Co-generation project, if it is in accordance with the
eligibility criteria as specified under Regulation 4(c).
II. Capital Cost.—The normative capital cost for the non-fossil fuel
based cogeneration projects shall be Rs. 492.5 Lakh/MW for high
boiler pressure projects for the first year of Control Period (i.e. FY
2017-18), and will remain valid for the entire duration of the
control period unless reviewed earlier by the Commission.
III. Plant Load Factor.—
(1) For the purpose of determining fixed charge, the plant load
factor for non-fossil fuel based cogeneration projects shall be
computed on the basis of plant availability for number of
operating days considering operations during crushing
season and off-season as specified under clause (2) below and
load factor of 92%.
(2) The number of operating days shall be as follows:
IV.
Auxiliary Consumption.—The auxiliary power consumption
factor shall be 8.5% for the computation of tariff.
V.
Station Heat Rate.—The Station Heat Rate of 3600 kCal / kWh
for power generation component alone shall be considered for
computation of tariff for non-fossil fuel based Cogeneration
projects.
VI.
Calorific Value.—The Gross Calorific Value for Bagasse shall be
considered as 2250 kCal/kg. For the use of biomass fuels other
than bagasse, calorific value as specified under Regulation 26
shall be applicable.
VII.
Fuel Cost
(1) The price of Bagasse first year of the Control Period (i.e. FY
2017-18) shall be Rs. 1964.71/MT. For each subsequent year
of the Control Period, the normative escalation factor of 5% per
annum shall be applicable at the option of the project
developer or as decided by the Commission.
(2) For use of biomass other than bagasse in co-generation
projects, the biomass prices as specified under Regulation 26
shall be applicable.
VIII. Operation and Maintenance Expenses
(1) Normative O&M expenses during first year of the Control
period (i.e. FY 2017-18) shall be Rs. 21.13 Lakh per MW.
(2) Normative O&M expenses allowed at the commencement of
the Control Period (i.e. FY 2017-18) under these Regulations
shall be escalated at the rate of 5.72% per annum.
28.
Technology specific parameters for Solar PV Power Project
and Rooftop Solar PV Projects.
I. Technology Aspects.—Norms for Solar Photovoltaic (PV) power under
these Regulations shall be applicable for grid connected PV systems that
directly convert solar energy into electricity and are based on the technologies
such as crystalline silicon or thin film etc. as may be approved by MNRE.
150 days (crushing) + 60 days (off-season)
days operating days = 210
53%
14
BIHAR GAZETTE (EXTRA) 24TH OCTOBER 2017
II. Capital Cost.—The normative capital cost shall be Rs 442.18
lakhs/MW based on prevailing market trends for Solar PV projects and
also Rooftop solar PV projects.
The above capital cost shall remain valid during the control period
unless reviewed earlier by the Commission
III. Capacity Utilisation Factor.—The Capacity utilization factor for
Solar PV project shall be 19%. Provided that the Commission may deviate from
above norm in case of project specific tariff determination in pursuance of
Regulation 7 and 8.
IV. Operation and Maintenance Expenses
(1)
The O&M expenses for Solar PV project shall be Rs. 7.40
Lakh/MW.
(2)
Normative O&M expenses allowed at the commencement of the
Control Period (i.e. FY 2017-18) under these Regulations shall
be escalated at the rate of 5.72% per annum over the Tariff
Period.
.V. Auxiliary Consumption—The auxiliary consumption shall be 0.25%
of gross generation.
Provided that the Commission may deviate from the above norm in case
of project specific tariff determination in pursuance of Regulation 7 and
Regulation 8.
29. Technology specific parameters for Solar Thermal Power Project.
I. Technology Aspects.—Norms for Solar thermal power under
these Regulations shall be applicable for Concentrated solar
power (CSP) technologies viz. line focusing or point focusing, as
may be approved by MNRE, and uses direct sunlight,
concentrating it several times to reach higher energy densities
and thus higher temperatures whereby the heat generated is
used to operate a conventional power cycle to generate
electricity.
II. Capital Cost.—The capital cost for Solar Thermal Projects shall be
Rs 1200 Lakh/MW for FY 2017-18.
The above capital cost shall remain valid during the entire control
period unless reviewed earlier by the Commission.
III. Capacity Utilisation Factor (CUF).—The Capacity Utilisation
Factor shall be 23%.
Provided that the Commission may deviate from the above
norm in case of project specific tariff determination in pursuance
of Regulation 7 and Regulation 8.
IV. Operation and Maintenance Expenses
(1)
The O&M expenses shall be Rs 19.81 Lakhs/MW for Solar
Thermal project.
(2)
Normative O&M expenses allowed at the commencement
of the Control Period (i.e. FY 2017-18) under these
Regulations shall be escalated at the rate of 5.72% per
annum over the Tariff Period.
The above cost shall remain valid during the control period
unless reviewed earlier by the Commission.
V. Auxiliary Consumption.— The auxiliary consumption shall
be 10%.
Provided that the Commission may deviate from the above
norm in case of project specific tariff determination in
pursuance of Regulation 7 and Regulation 8.
15
BIHAR GAZETTE (EXTRA), 24TH OCTOBER 2017
30. Technology specific parameters for Biomass Gasifier Power
Projects.
I.
Technology Aspect.—The norms for tariff determination are
specified hereunder for biomass gasifier based power projects:
II. Capital Cost.—The normative capital cost for the biomass
gasifier power projects based on Rankine cycle shall be Rs.
592.88 Lakh/MW (FY 2017-18 during first year of Control Period)
and shall be same for subsequent years unless specifically
ordered by the Commission. After taking into account of capital
subsidy of Rs 150.00 lakhs/MW, net project cost shall be Rs.
442.88 Lakh/MW for FY 2017-18.
III. Plant Load Factor.—Plant Load Factor for determining fixed
charge component of Tariff shall be 85%.
IV. Auxiliary Consumption.—The auxiliary consumption shall be
10% for the determination of tariff.
V. Specific fuel consumption.—Normative specific fuel consumption
shall be 1.25 kg per kWh.
VI. Operation and Maintenance Expenses
(1) Normative O&M expenses for the first year of the Control period
(i.e. FY 2017-18) shall be Rs. 52.83 Lakh per MW Normative
O&M expenses allowed at the commencement of the Control
Period (i.e. FY 2017-18) under these Regulations shall be
escalated at the rate of 5.72% per annum.
VII. Fuel Mix
(1)
The Biomass Gasifier based power plant shall be designed in
such a way that it uses different types of non-fossil fuels
available within the vicinity of biomass power project such as
crop residues, agro- industrial residues, forest residues etc.
and other biomass fuels as may be approved by MNRE.
(2)
The Biomass Gasifier based Power Generating Companies shall
ensure fuel management plan to ensure adequate availability
of fuel to meet the respective project requirements.
VIII. Fuel Cost.—Biomass fuel price for the Biomass gasifier based
power project applicable for FY 2017-18 shall be the same as for
the biomass based power project (Rankine cycle) as mentioned
in Regulation 26.
31.
Technology specific parameters for power projects using
Municipal solid waste/refuse derived fuel and based on Rankine cycle
technology.
I.
Technology Aspect.—Norms for tariff determination specified
for power projects which use municipal solid waste (MSW) and
refuse derived fuel (RDF) and shall be based on Rankine cycle
technology application, combustion or incineration, Bio-
methanation, Pyrolysis and High end gasifier technologie
II.
Capital Cost.—The capital cost for the power projects which use
MSW based on Rankine Cycle Technology shall be Rs. 1500
Lakhs/MW and for refuse derived fuel based Power Plant shall
be Rs. 900 Lakhs/MW.
III.
Plant Load Factor
(1) The Plant Load Factor for determining fixed charge
component of tariff for the power projects which use
municipal solid waste (MSW) and refuse derived fuel (RDF)
shall be as below:
16
BIHAR GAZETTE (EXTRA) 24TH OCTOBER 2017
PLF
MSW
RDF
a) During Stabilisation
65%
65%
b) During the remaining period of the
first year (after stabilization)
65%
65%
c) From 2nd Year onwards
75%
80%
(2) The stabilisation period shall not be more than 6 months
from the date of commissioning of the project
IV.
Auxiliary Consumption.—The auxiliary consumption for the
power projects which use municipal solid waste and refuse
derived fuel shall be 15%.
V.
Station Heat Rate.—The Station Heat Rate for power projects
which use municipal solid waste and refuse derived fuel shall
be 4200 kcal/kWh.
VI.
Operation and Maintenance Expenses
1.
The O&M expenses shall be 6% of normative capital cost for
the MSW/RDF Projects.
2.
Normative O&M expenses allowed at the Commencement of
the Control period, shall be escalated at the rate of 5.72%
per annum.
VII. Calorific Value.—The Calorific Value of the refuse derived fuel
(RDF) fuel used for the purpose of determination of tariff shall
be at 2500 kcal/kg.
VIII. Fuel Cost.—Refuse derived fuel (RDF) price during FY 2017-18
shall be Rs 1,800 per MT. For each subsequent year of the
Tariff Period, the normative escalation factor of 5% per annum
shall be applicable at the option of the refuse derived fuel (RDF)
project developer.
No fuel cost shall be considered for determination of tariff for
the power projects using municipal solid waste (MSW).
32. Deviation from Norms.—Tariff for sale of electricity generated from
a generating station based on renewable energy sources, may also be agreed
between a generating company and a licensee, in deviation from the norms
specified in these regulations subject to the conditions that the levellised tariff
over the useful life of the project on the basis of the norms in deviation does not
exceed the levellised tariff calculated on the basis of the norms specified in
these regulations.
33. Solar Power Banking
(i)
The facility of banking of solar power will be provided by Bihar
State Power Holding Co. Ltd. (BSPHCL)/distribution licensee to
solar power generated for captive use, group captive use and for
third party sale
(ii) 2% of the energy fed into the grid for banking by the generator
will be paid as banking charge to BSPHCL/distribution licensee.
(iii) Banking facility will be available for full calendar year. In case
energy fed into the grid for banking is not consumed within the
same calendar year, it cannot be used by the generator or its
user
in
the
subsequent
calendar
year.
However,
the
BSPHCL/distribution licensee will pay to the generator for the
unused energy during the calendar year at the average power
17
BIHAR GAZETTE (EXTRA), 24TH OCTOBER 2017
purchase cost of BSPHCL/distribution licensee during that
calendar year.
(iv) Adequate metering facility will be provided by the distribution
licensee to enable measurement of input and consumed energy
at different points of time including provision of check meters of
appropriate accuracy class at consumer's end, calibrated
annually.
(v) In case of third party sale of solar power, the transmission
licensee, distribution licensee and/or SLDC, as the case may
be, will provide open access within 30 days of application on
payment of required open access charges as determined by the
Commission and the generator in addition to 2% banking
charge, will pay to the BSPHCL/ distribution licensee wheeling
and transmission charges and T&D losses as determined by the
Commission for the voltage level at which power is fed into the
grid. However, no cross-subsidy surcharge will be paid.
(vi) Drawal of Banked energy shall not be permitted during the peak
hours.
(vii) Solar Power Developer having no PPA for supply of power to
DISCOM should draw power during shutdown/maintenance of
the plant of the applicable UI rate plus 5% of the maximum UI
rate or applicable rate for purchase of power from renewable
energy source, whichever is higher.
34. Guidelines of Competent Authority.—Policy/guidelines issued by
the Ministry of Power, Government of India, MNRE, State Government and any
other competent authority in this regard from time to time shall prevail.
35. Power to Relax.—The Commission may by general or special order,
for reasons to be recorded in writing, and after giving an opportunity of hearing
to the parties likely to be affected may relax any of the provisions of these
regulations on its own motion or on an application made before it by an
interested person.
36. Power to remove difficulties.—If any difficulty arises in giving
effect to the provisions of these regulations, the commission may, be general or
specific order, make such provisions not inconsistent with the provisions of the
Act, as may appear to be necessary for removing the difficulty.
37. Power to Amend.—The Commission may from time to time add,
vary, alter, modify or amend any provisions of these regulations on its own
motion or on any application made before it by an interested person.
38. Repeal and savings.—
Save as otherwise provided in these regulations, Bihar Electricity
Regulatory Commission (Terms and Conditions for Tariff Determination from Solar
Energy Sources) Regulations, 2010 read with its amendments are hereby
repealed.
By Order of the Commission,
PARMANAND SINGH,
Secretary.
18
BIHAR GAZETTE (EXTRA) 24TH OCTOBER 2017
Form-1.1: Form Template for Solar PV including Rooftop Solar PV/Solar
Thermal
S.
No
Assumption
Head
Sub-Head
Sub-Head(2)
Unit
Parameter
1
Power
Generation
Capacity
Installed Power Generation
Capacity
Capacity Utilization Factor
Commercial Operation Date
Useful Life
MW
%
mm/yyyy
years
2
Project Cost
Capital
Cost/MW
Normative Capital Cost
Capital Subsidy
If any
Net Capital Cost
Rs.
Lakh/MW
Rs. Lakh
Rs. Lakh
Rs. Lakh
3
Financial
Assumptions
Debt Equity
Debt
Component
Equity
Component
Depreciation
Incentives
Tariff Period
Debt
Equity
Total Debt Amount
Total Equity Amount
Loan Amount
Moratorium Period
Repayment Period (include
Moratorium)
Interest Rate
Equity amount
Return on Equity for first
10 years
Return on Equity 11th year
onwards
Discount Rate
Depreciation Rate for 1st 10
Yrs.
Depreciation Rate 11th years
onward
Generation Based Incentives.
If any
Period for GBI
Years
%
%
%
Rs. Lakh
Rs. Lacs
Years
Years
%
Rs. Lakh
%p.a
%p.a
%
%
%
Rs. L p.a.
Years
4
Operation &
Maintenance
Normative O&M
expense
O&M expanse
per annum
Escalation
factor for O&M
expense
Rs.
Lakh/MW
Rs. Lakh
%
5
Working
Capital
O&M expense
Receivables
Interest on
Working Capital
Month
Month
%
p.a
19
BIHAR GAZETTE (EXTRA), 24TH OCTOBER 2017
Form-1.2: Form Template for (Biomass Power, Municipal Solid
Waste, Refuse Derived Fuel or Non-fossil fuel based Co gen)
S. No
Assumption
Head
Sub-Head
Sub-Head(2)
Unit
Parame
ter
1
Power
Generation
Capacity
Installed Power Generation Capacity
Auxiliary Consumption factor PLF
(during stabilisation upto 6 months)
PLF (during 1st year stabilisation)
PLF (2nd year onwards)
Commercial Operation Date
Useful Life
MW
%
%
%
%
mm/yyyy
years
2
Project Cost
Capital
Cost/MW
Normative Capital Cost
Capital Cost Capital Subsidy,
If any
Net Capital Cost
Rs.Lakh/
MW
Rs. Lakh
Rs. Lakh
3
Financial
Assumptions
Debt Equity
Debt
Component
Equity
Component
Depreciation
Incentives
Tariff Period
Debt
Equity
Total Debt Amount
Total Equity Amount
Loan Amount
Moratorium Period
Repayment Period (include
Moratorium)
Interest Rate
Equity amount
Return on Equity for first 10 years
Return on Equity 11th year onwards
Discount Rate
Depreciation Rate for 1st 10 Yrs.
Depreciation Rate 11th years
onward
Generation Based Incentives.
If any period for GBI
Years
%
%
%
Rs. Lakh
Rs. Lacs
Years
Years
%
Rs.Lakh
%p.a
%p.a
%
%
%
Rs. L p.a.
Years
4
Operation &
Maintenance
Normative
O&M
expense
O&M
expanses per
annum
Escalation
factor for
O&M
expense
Rs.
Lakh/MW
%
5
Working
Capital
O&M
expense
Receivables
Interest on
Working
Capital
Rs.Lakh
Month
%
p.a
6
Fuel related
assumptions
Station Heat
Rate
During stabilisation
post stabilisation
Biomass fuel type-1
kCal/Kwh
kCal/Kwh
%
20
BIHAR GAZETTE (EXTRA) 24TH OCTOBER 2017
S. No
Assumption
Head
Sub-Head
Sub-Head(2)
Unit
Parame
ter
Fuel Type &
mix
Biomass fuel type-2
Municipal Solid Waste fuel
Refuse Derived Fuel
fossil fuel (coal)
GCV of Biomass fuel type-1
GCV of Biomass fuel type-2
GCV of Municipal Solid Waste fuel
GCV of Refuse Derived Fuel
GCV of fossil fuel (coal)
Biomass Price (fuel type-1) yr-1
Biomass Price (fuel type-2) yr-1
Municipal Solid Waste Price/yr-1
Refuse Derived Fuel Price/yr-1
fuel price escalation factor
%
%
%
%
kCal/Kwh
kCal/Kwh
kCal/Kwh
kCal/Kwh
kCal/Kwh
Rs/MT
Rs/MT
Rs/MT
Rs/MT
%p.a
21
BIHAR GAZETTE (EXTRA), 24TH OCTOBER 2017
Form-2.1: Form Template for (Solar PV/Solar thermal) : Determination of Tariff
Components
Units Generation
Unit
Yr-1
Yr-2
Yr-3
Yr-4
Yr-5
Yr-6
Yr-7
Yr-8
Yr-9
Yr-10
Yr-11
Yr-12
Yr-13
Installed Capacity
MW
Net Generation
MU
Units Generation
Unit
Yr-14
Yr-15
Yr-16
Yr-17
Yr-18
Yr-19
Yr-20
Yr-21
Yr-22
Yr-23
Yr-24
Yr-25
Installed Capacity
MW
Net Generation
MU
Tariff Components (Fixed charge)
Unit
Yr-1
Yr-2
Yr-3
Yr-4
Yr-5
Yr-6
Yr-7
Yr-8
Yr-9
Yr-10
Yr-11
Yr-12
Yr-13
O&M Expenses
Rs Lakh
Depreciation
Rs Lakh
Interest on term loan
Rs Lakh
Interest on working Capital
Rs Lakh
Return on Equity
Rs Lakh
Total Fixed Cost
Rs Lakh
Tariff Components (Fixed charge)
Unit
Yr-14
Yr-15
Yr-16
Yr-17
Yr-18
Yr-19
Yr-20
Yr-21
Yr-22
Yr-23
Yr-24
Yr-25
O&M Expenses
Rs Lakh
Depreciation
Rs Lakh
Interest on term loan
Rs Lakh
Interest on working Capital
Rs Lakh
Return on Equity
Rs Lakh
Total Fixed Cost
Rs Lakh
Per Unit Tariff components
Unit
Yr-1
Yr-2
Yr-3
Yr-4
Yr-5
Yr-6
Yr-7
Yr-8
Yr-9
Yr-10
Yr-11
Yr-12
Yr-13
PU O&M Expenses
Rs/kWh
PU Depreciation
Rs/kWh
PU Interest on term loan
Rs/kWh
PU Interest on working Capital
Rs/kWh
PU Return on Equity
Rs/kWh
PU Tariff Components
Rs/kWh
Levellised Tariff
Unit
Yr-1
Yr-2
Yr-3
Yr-4
Yr-5
Yr-6
Yr-7
Yr-8
Yr-9
Yr-10
Yr-11
Yr-12
Yr-13
Discount Factors
Discounted Tariff components
Rs/kWh
Levellised Tariff
Rs/kWh
Per Unit Tariff components
Unit
Yr-14
Yr-15
Yr-16
Yr-17
Yr-18
Yr-19
Yr-20
Yr-21
Yr-22
Yr-23
Yr-24
Yr-25
PU O&M Expenses
Rs/kWh
PU Depreciation
Rs/kWh
PU Interest on term loan
Rs/kWh
PU Interest on working Capital
Rs/kWh
PU Return on Equity
Rs/kWh
PU Tariff Components
Rs/kWh
Levellised Tariff
Unit
Yr-14
Yr-15
Yr-16
Yr-17
Yr-18
Yr-19
Yr-20
Yr-21
Yr-22
Yr-23
Yr-24
Yr-25
Discount Factors
Discounted Tariff components
Rs/kWh
Levellised Tariff
Rs/kWh
22
BIHAR GAZETTE (EXTRA) 24TH OCTOBER 2017
Form-2.2: Form Template for (Biomass Power, Municipal Solid Waste, Refuse
Derived Fuel or Non-fossil fuel based Cogen) : Determination of Tariff Component
Form-2.2: contd.
Units Generation
Unit
Yr-1
Yr-2
Yr-3
Yr-4
Yr-5
Yr-6
Yr-7
Yr-8
Yr-9
Y+++++
+++++++
+++++++
++++++
…r-10
Yr-11
Yr-12
Yr-13
Installed Capacity
MW
Net Generation
MU
Tariff Components (Fixed charge)
Unit
Yr-1
Yr-2
Yr-3
Yr-4
Yr-5
Yr-6
Yr-7
Yr-8
Yr-9
Yr-10
Yr-11
Yr-12
Yr-13
O&M Expenses
Rs Lakh
Depreciation
Rs Lakh
Interest on term loan
Rs Lakh
Interest on working Capital
Rs Lakh
Return on Equity
Rs Lakh
Total Fixed Cost
Rs Lakh
Tariff Components (Variable charge)
Unit
Yr-1
Yr-2
Yr-3
Yr-4
Yr-5
Yr-6
Yr-7
Yr-8
Yr-9
Yr-10
Yr-11
Yr-12
Yr-13
Biomass fuel type-1
Rs Lakh
Biomass fuel type-2
Rs Lakh
Fossil fuel (coal)
Rs Lakh
Municipal Solid Waste
Rs Lakh
Refuse Derived Fuel
Rs Lakh
Sub-total (Fuel Costs)
Rs Lakh
Fuel cost allocable to power
%
Total Fuel Costs
Rs Lakh
Per Unit Tariff components (fixed)
Unit
Yr-1
Yr-2
Yr-3
Yr-4
Yr-5
Yr-6
Yr-7
Yr-8
Yr-9
Yr-10
Yr-11
Yr-12
Yr-13
PU O&M Expenses
Rs/kWh
PU Depreciation
Rs/kWh
PU Interest on term loan
Rs/kWh
PU Interest on working Capital
Rs/kWh
PU Return on Equity
Rs/kWh
PU Tariff Components (Fixed)
Rs/kWh
PU Tariff Components (Variable)
Rs/kWh
PU Tariff Components (Total)
Rs/kWh
Levellised Tariff
Unit
Yr-1
Yr-2
Yr-3
Yr-4
Yr-5
Yr-6
Yr-7
Yr-8
Yr-9
Yr-10
Yr-11
Yr-12
Yr-13
Discount Factors
Discounted Tariff components (fixed)
Rs/kWh
Discounted Tariff components (variable)
Rs/kWh
Discounted Tariff components (total)
Rs/kWh
Levellised Tariff (fixed)
Rs/kWh
Levellised Tariff (variable)
Rs/kWh
Levellised Tariff (total)
Rs/kWh
23
BIHAR GAZETTE (EXTRA), 24TH OCTOBER 2017
————
PUBLISHED AND PRINTED BY THE SUPERINTENDENT,
BIHAR SECRETARIAT PRESS, PATNA.
Bihar Gazette (Extra) 997—571+400—Egazette
Website: http://egazette.bih.nic.in
Units Generation
Unit
Yr-14
Yr-15
Yr-16
Yr-17
Yr-18
Yr-19
Yr-20
Yr-21
Yr-22
Yr-23
Yr-24
Yr-25
Installed Capacity
MW
Net Generation
MU
Tariff Components (Fixed charge)
Unit
Yr-14
Yr-15
Yr-16
Yr-17
Yr-18
Yr-19
Yr-20
Yr-21
Yr-22
Yr-23
Yr-24
Yr-25
O&M Expenses
Rs Lakh
Depreciation
Rs Lakh
Interest on term loan
Rs Lakh
Interest on working Capital
Rs Lakh
Return on Equity
Rs Lakh
Total Fixed Cost
Rs Lakh
Tariff Components (Variable charge)
Unit
Yr-14
Yr-15
Yr-16
Yr-17
Yr-18
Yr-19
Yr-20
Yr-21
Yr-22
Yr-23
Yr-24
Yr-25
Biomass fuel type-1
Rs Lakh
Biomass fuel type-2
Rs Lakh
Fossil fuel (coal)
Rs Lakh
Municipal Solid Waste
Rs Lakh
Refuse Derived Fuel
Rs Lakh
Sub-total (Fuel Costs)
Rs Lakh
Fuel cost allocable to power
%
Total Fuel Costs
Rs Lakh
Per Unit Tariff components (fixed)
Unit
Yr-14
Yr-15
Yr-16
Yr-17
Yr-18
Yr-19
Yr-20
Yr-21
Yr-22
Yr-23
Yr-24
Yr-25
PU O&M Expenses
Rs/kWh
PU Depreciation
Rs/kWh
PU Interest on term loan
Rs/kWh
PU Interest on working Capital
Rs/kWh
PU Return on Equity
Rs/kWh
PU Tariff Components (Fixed)
Rs/kWh
PU Tariff Components (Variable)
Rs/kWh
PU Tariff Components (Total)
Rs/kWh
Levellised Tariff
Unit
Yr-14
Yr-15
Yr-16
Yr-17
Yr-18
Yr-19
Yr-20
Yr-21
Yr-22
Yr-23
Yr-24
Yr-25
Discount Factors
Discounted Tariff components (fixed)
Rs/kWh
Discounted Tariff components (variable)
Rs/kWh
Discounted Tariff components (total)
Rs/kWh
Levellised Tariff (fixed)
Rs/kWh
Levellised Tariff (variable)
Rs/kWh
Levellised Tariff (total)
Rs/kWh