CERC Revises Green Power Tariff
The Central Electricity Regulatory Commission (CERC) has revised the tariff for a key inter-regional green power corridor. This revision comes after the Appellate Tribunal for Electricity (APTEL) provided relief to Power Grid Corporation. The revised tariff is expected to impact the cost of renewable energy transmission in India
Who this affects
This development changes the cost of renewable energy transmission for generators and households in India, potentially affecting the overall affordability of green power in the country. The revised tariff may also influence the investment decisions of renewable energy project developers, impacting the growth of the sector. As a result, the revision in tariff is likely to have a significant impact on India's energy landscape, particularly in the context of its renewable energy targets