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The Hindu
The Hindu
National
The Hindu Bureau

TNERC rules in favour of Adani Group firm, sets aside Tangedco’s communication

The Tamil Nadu Electricity Regulatory Commission (TNERC) has ruled in favour of Kamuthi Renewable Energy Ltd., an Adani Group firm, and set aside Tangedco’s communication, dated September 2016, which sought segregation of the firm’s 72 MW-solar project into two and payment of different tariff rates, “as illegal and without jurisdiction”.

In 2015, Kamuthi Renewable Energy Ltd. entered a power purchase agreement with Tangedco for the establishment of a 72 MW-solar power project at Kamuthi taluk in Ramanathapuram district. On September 12, 2014, the TNERC had issued a comprehensive tariff order for solar power and fixed a tariff of ₹7.01 per unit for Solar PV plants. It had extended the applicability of the tariff till March 31, 2016. The firm had to complete their projects by this date to be eligible for the tariff.

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