CERC Adopts Tariffs for Hybrid Projects
POWER & RENEWABLE ENERGY

CERC Adopts Tariffs for Hybrid Projects

The Central Electricity Regulatory Commission (CERC) has recently adopted new tariff guidelines for hybrid energy projects in India, marking a significant step towards promoting the integration of renewable energy sources. These new tariffs are designed to enhance the feasibility and financial viability of hybrid projects, which combine multiple renewable sources like solar and wind to generate electricity more efficiently.

Under the updated tariff structure, hybrid projects will benefit from a more streamlined process and potentially better financial terms. This move is part of India?s broader strategy to accelerate the transition to renewable energy and achieve its ambitious clean energy targets. By adopting these tariffs, CERC aims to make hybrid energy projects more attractive to investors and developers, thereby increasing their deployment across the country.

Hybrid energy systems offer several advantages, including improved reliability and consistency of power supply by combining different energy sources. This helps to address the intermittency issues associated with individual renewable sources. The new tariff structure is expected to incentivize the development of these systems, contributing to a more stable and resilient energy grid.

The guidelines also align with India?s commitment to scaling up its renewable energy capacity and reducing greenhouse gas emissions. By setting clear tariff rates, CERC is providing greater clarity and support for stakeholders in the renewable energy sector, which is crucial for meeting the country?s sustainability goals.

Overall, the adoption of these tariffs is a positive development for the renewable energy sector, fostering growth and investment in hybrid projects and supporting India?s transition towards a cleaner energy future.

The Central Electricity Regulatory Commission (CERC) has recently adopted new tariff guidelines for hybrid energy projects in India, marking a significant step towards promoting the integration of renewable energy sources. These new tariffs are designed to enhance the feasibility and financial viability of hybrid projects, which combine multiple renewable sources like solar and wind to generate electricity more efficiently. Under the updated tariff structure, hybrid projects will benefit from a more streamlined process and potentially better financial terms. This move is part of India?s broader strategy to accelerate the transition to renewable energy and achieve its ambitious clean energy targets. By adopting these tariffs, CERC aims to make hybrid energy projects more attractive to investors and developers, thereby increasing their deployment across the country. Hybrid energy systems offer several advantages, including improved reliability and consistency of power supply by combining different energy sources. This helps to address the intermittency issues associated with individual renewable sources. The new tariff structure is expected to incentivize the development of these systems, contributing to a more stable and resilient energy grid. The guidelines also align with India?s commitment to scaling up its renewable energy capacity and reducing greenhouse gas emissions. By setting clear tariff rates, CERC is providing greater clarity and support for stakeholders in the renewable energy sector, which is crucial for meeting the country?s sustainability goals. Overall, the adoption of these tariffs is a positive development for the renewable energy sector, fostering growth and investment in hybrid projects and supporting India?s transition towards a cleaner energy future.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?