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Andhra Offers 5% Annual Escalation On Base Price of Bagasse-Based Renewable Projects

Sets fuel price at ₹1,788.43/metric ton for FY 2019-20

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The Andhra Pradesh Electricity Regulatory Commission (APERC) has determined the fuel price for biomass and industrial waste-based projects at ₹3,176.72 (~$45)/metric ton for the financial year (FY) 2019-20. The fuel cost for bagasse-based projects has been set at ₹1,788.43 (~$25)/MT for FY 2019-20.

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