Amendment status not verified — confirm the current text below against the official source.
(1) Capital Cost,-- The Commission shall determine the capital cost and tariff based on prevailing market trends for wind energy project of capacity of and below 25 MW at a location. The Commission has fixed the normative capital cost for wind projects of capacity of and below 25 MW which declares commercial operation for the first year of the control period at Rs 5.75 crore/MW, (2) Capacity Utilization Factor (CUF). The normative CUF for the control period specified in this Regulation shall be as follows: Annual Mean Wind Power Density CUF % (W/m2) 1 upto 220 22 2 221-275 24 3 276-330 28 4 331-440 33 5 > 440 35 Provided that, on completion of two years from the commercial operation date, if the actual CUF varies by (+) or (-) 5 % for that project, then the annual mean wind power density specified above shall be measured at 100 meter hub height and the tariff shall be re-determined for the CUF corresponding to the measured wind power density. Provided further that, for the purpose of classification of wind energy project into particular wind zone class, as per MNRE guidelines for wind measurement, wind mast either put-up by NIWE or a private developer and validated by NIWE, would normally be extended 10 km from the mast point in all directions for uniform terrain and limited to appropriate distance in complex terrain with regard to complexity of the site. [(3) Operation and Maintenance (O&M) Expenses:-- The Commission shall determine the O&M Expenses based on the prevailing market information, and allowing an escalation rate of 5.72% over the previous year. Normative O & M rates for the financial year 2019-20 is taken as Rs 8.00 lakh per MW, based on the prevailing market information. The generic tariff applicable for the Wind projects of capacity of and below 5 MW for the period from the date of effect of these Regulations up to FY 2023-24 is given in Annexure-V.] Modified by K.G.Ex.No.2381.dt.18/07/2022.(w.e.f.01/08/2022).Prior to modification be read as"Operation and Maintenance (O&M) Expenses,- The Commission shall determine the O&M Expenses based on the prevailing market information, and allowing an escalation rate of 5.72% over the previous year. Normative O & M rates for the financial year 2019-20 is taken as Rs 8.00 lakh per MW, based on the prevailing market information. The generic tariff applicable for the Wind projects of capacity of and below 25 MW for 2019-20 is given as Annexure-II."