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Nepra determines wind power rates

The National Electric Power Regulatory Authority (Nepra) has determined tariff for wind power at Rs 13.96 per unit for the first two years of operation, which would be lowered down to Rs 14.66 per unit for 3-5 years, then Rs 14.47 during 6-9 years and finally to Rs 5.735 per unit from the 11th year of operation, sources disclosed this scribe. They said that the reference tariff has been calculated on the basis of net annual benchmark energy generation of 138.7GWh at an annual net plant capacity factor of 31.99 per cent for installed capacity of 49.5MW. This tariff does not account for adjustment for carbon emission reduction receipts which would be distributed between the power purchaser and producer as per the prevailing government policy. It is to be mentioned here that the tariff is applicable for a period of 20 years, commencing from the commercial operations date. For the generation of 50MW, the government has issued licences to nine parties for the purpse. including Fauji Foundation, Fauji Fertilizer Bin Qasim, Islamic Infrastructure Fund, Tapal Group, Gul Ahmed Energy, Metro Power Company, Younus Brothers Group, Sapphire Energy and Three Gorges.

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