Daily News Wrap-Up: Draft Renewable Energy Tariff Regulations 2024

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February 26, 2024

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The Central Electricity Regulatory Commission has formulated the draft regulations to determine the tariff for renewable energy projects in 2024. These regulations are applicable to situations where the Commission needs to determine the tariff for a grid-connected generating station or a unit thereof commissioned during the control period and relying on renewable energy sources. The Central Electricity Regulatory Commission (Terms and Conditions for Tariff Determination from Renewable Energy Sources) Regulations, 2024, will be effective starting from April 1, 2024, to March 31, 2027.

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