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Uttarakhand Electricity Regulatory Commission (UERC), an Indian state electricity regulator, has finalized the renewable energy generic tariffs in Uttarakhand for FY 2026-27. After assessing comments submitted by 36 stakeholders, the commission has kept the PV tariff unchanged at INR 4.10/kWh (~$0.041/kWh), instead of the draft INR 3.96/kWh. The decision followed concerns over module price volatility, exchange rate movement, metal prices, ALMM/DCR compliance and hilly terrain costs. Within the same tariff framework, Canal Bank SPV plants were aligned at INR 4.10/kWh (~$0.041/kWh). Canal Top SPV plants received INR 4.20/kWh (~$0.042/kWh), while rooftop and small Solar PV plants were fixed at INR 2.00/kWh (~$0.020/kWh). The order also set BESS capacity charges at INR 2,59,244/MW/month (~$2,592.44/MW/month) for FY 2026-27 systems. UERC has clarified that MSME policy incentives will not reduce Solar PV benchmark cost or tariff unless directly linked to PV development.
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