Solar Tariff Regulation

To facilitate the government’s vision of diversifying the energy mix including the development of 5000 MW of solar energy by 2040, especially for energy security, sustainability and to meet the growing demand, the Electricity Regulatory Authority hereby approves the Tariff Determination Regulation 2025 to help accelerate the renewable energy diversification. For the determination of solar tariff, the regulation includes provision for benchmarking of capital cost and capacity utilization factor, and covers the allowance for operation and maintenance, return on equity, depreciation, and working capital. The tariff allowed for solar project is for the useful life of the project and the regulation also includes the determination of prosumer tariffs.