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TN to float tenders for solar projects

TN to float tenders for solar projects

Tamil Nadu is back on a tender mode for solar power projects, reports the Economic Times. Though the price per unit of solar power has been falling across the country, Tamil Nadu was among the few states which signed power purchase agreements at Rs.7.10 per unit until recently.

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TNERC ups solar power purchase

TNERC ups solar power purchase

The Tamil Nadu Electricity Regulatory Commission (TNERC) has put up a draft consultative paper proposing to increase the state´s share of solar power under the renewable purchase obligation (RPO) from 0.25 per cent to 2 per cent. This means that the state electricity utility will have to buy more solar power than earlier. All states in India have to adhere to RPO norms, which say that a part of the electricity utility´s power should come from renewable sources.