MNRE Clarifies Renewables Fixed Charges Calculation for Payment Security Mechanism
Memorandum clarifies how to calculate for power during its non-dispatch
August 2, 2019
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The Ministry of New and Renewable Energy (MNRE) has issued a clarification regarding fixed charges in the newly issued payment security mechanism regulations. The ministry has stated that in the case of solar, wind, and small hydro projects, the fixed charge will be the tariff at which power is purchased by the distribution company (DISCOM).