NLCIL Could Face 31% Tariff Cut for its 400 MW of Delayed Solar Projects
NLCIL said it had failed to commission its 400 MW solar power project before March 31, 2018 because of unforeseeable circumstances
December 14, 2018
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The Tamil Nadu Electricity Regulatory Commission (TNERC) has rejected the plea made by Neyveli Lignite Corporation India Limited (NLCIL) for a tariff protection of ₹4.41 (~$0.062)/kWh for 400 MW solar power projects under force majeure clauses. The Commission has agreed on tariff of ₹3.05 (~$0.043)/kWh (with AD benefit) for these projects.
Nitin Kabeer
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