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GERC raises solar power tariff

Gujarat Electricity Regulatory Commission had raised the solar power tariff to Rs.15/- per unit for solar photovoltaic power and Rs.11/- per unit for solar thermal power. The power tariff will remain in force for 12 years and will be applicable to projects commissioned during the next two years. After 12 years the tariff will be Rs.5/- and Rs.4/- for photo-voltaic and solar thermal projects respectively. It may be noted, Gujarat government had alloted around 716 MW of solar projects to various international and national companies.

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