Cost of generation for wind, small-hydro, and biomass remain consistent for the last 5 yrs

The cost of generation of power from renewable energy sources such as wind, small-hydro, and biomass has not decreased over the last five years due to rise in costs of civil works, plant and machinery and power evacuation cost. However, Central Electricity Regulatory Commission (CERC)’s Orders for determination of Tariff for Grid Solar Power indicate a decrease in the grid solar power tariffs in the last five years from Rs 18.44 per kWh to Rs. 8.75 per kWh. 

Power generation from renewable energy technologies is cost competitive in regions from dominant diesel grid and in remote areas where extension of grid is uneconomical.