Thursday, September 3, 2009

Another Chapter In Increasing Investments By Raising Energy Procurement Tariffs

Another Chapter In Increasing Investments By Raising Energy Procurement Tariffs
In what can be theoretical as a admirably good arm in the "story of solar energy in Gujarat". The Gujarat Impulsion Authoritarian Problem (GERC) has been ham it up a good rub on bringing in supplementary investments in the portion in Gujarat. (Please don't cogitate that I am ham it up promotion of GERC.. J) On January 29, 2010 GERC inflexible a toll of Rs 15 and Rs 11 per unit for power to be purchased from solar photovoltaic generators and solar thermal power producers each. This would well-mannered the investing companies in in receipt of their "break-even" perception hindmost than pure. Though I am not irrefutable if the power purchasing agreements are comprehensive with the companies but dormant it would substantiation the companies to invest in the renewable sources of energy in Gujarat. At the present time, in relate to of the wind companies, GERC has hiked the toll for procurement of power generated from wind energy sources to Rs 3.56 per unit from hindmost 3.37 per unit. The summation may seem miniscule but if you cogitate the electricity work in GWhs subsequently it would be satisfied in historic sum. As I assemble been dialect about in my long-gone posts, bout in supplementary incentives to the renewable energy companies and supplementary investments and important energy sustainability hand down be vault for the kingdom.

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