Those were upfront tarrifs
Now it will be bidding
How and when??? Those few example they are all in production.
You claim that in future this and that
But i posted Oct-Dec 2019 revised rate from Official NEPRA Site Actual cost will be higher(+ Transmission & Distribution)
It would have been Cheaper if Govt. just simply support private & Consumer sector with Grid-Tie Solar Setup.
Their is a difference b/w Govt. claim and ground reality.
For Example:- we have applied for Grid-Tie and its still pending almost a month now and Solar Panel is producing Zero Electricity.
Solar and wind Cost is dropping by 20% each year..you cant compare 5 years hack even last yr rates
In USA it might be different but if you check NEPRA SIte Wind/Solar page you will understand the real issue.
1> Every Company Tariff Rate is Different
2> Tariff Rate include Return on Equity, Interest, Debt payment and Operation & Maintenance
3> Even return on Equity is different for each company
4> Debt could be as high as 80%.
5> Rate is based on Old $ Rate. Rupee Devalued. Prices Goes up.
6> In one Letter some IPP(Solar) asked NEPRA to revised tariff rate(increase) because their project cost increased.
7> Lowest Interest and Debt tariff payment is higher then Rs 6-7 excluding O&M(Local & Foreigner)
8> In Every revised rate price is going only up including O&M, Return in Equity, Debt & Interest.
Tariff Rate might slightly reduced after open bidding but based on current formula its highly unlikely to see any major difference.