The Appellate Tribunal For Electricity (Aptel) has reportedly set aside certain components of the solar tariff fixed by TNERC and has directed the State regulator to pass a consequential order within three months.
According to the Hindu, Welspun Renewables Energy Private Limited and National Solar Energy Federation of India (NSEFI) in separate petitions challenged the diverse components of the tariff determined by the TNERC through a comprehensive order on solar power dated March 28, 2016.
The tariff was applicable from April 1, 2016, for one year. The tariff was fixed at ₹5.10 per unit for solar photovoltaic projects, without accelerated depreciation benefits.
The TNERC and the Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) were named as respondents.