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Developers in a spot as MPERC reduces tariff for wind energy

NEW DELHI: Wind power developers are up in arms over the Madhya Pradesh Electricity Regulatory Commission's (MPERC) order reducing the levelized tariff for wind energy from Rs 5.92 per kwH to Rs 4.78 per kwH from the start of the new financial year. The tariff will be applicable to all new wind energy projects commissioned after April 1. "The new tariff is unviable," said Sunil Jain, President, Wind Independent Power Producers Association ( WIPPA). Read more at: http://economictimes.indiatimes.com/articleshow/51691465.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst