KSERC grants approval to KSEB Limited to procure 200 MW from solar PV plants

The Kerala State Electricity Regulatory Commission (KSERC) has granted approval to Kerala State Electricity Board Limited (KSEBL) for inviting bids on reverse e-bidding for procuring 200 MW solar power from solar photovoltaic plants through competitive bidding route on all India basis, with a preference of 10 per cent requisitioned quantum to plants to be setup within Kerala.

KSEBL had also proposed the ceiling on tariff to be quoted by the bidders at the rate of Rs 3.00 per unit. However, Ministry of New and Renewable Energy (MNRE) vide the letter dated March 5, 2020 conveyed that, “cap” or upper ceiling tariff will not be prescribed in future bids. Since the present petition for approval for bidding documents was originally submitted before the commission on October 14, 2019, that is, much before the present communications issued by the MNRE, the commission permitted KSEBL to retain the ceiling on tariff to be quoted by the bidder at the rate of Rs 3.00 per unit.

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