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- Once finalized, these norms will form the basis for the CERC to determine tariffs for power plants over the period April 2009 to March 2014.
- The proposed benchmarks are based on a self-validating model, developed by a consortium of consultancy firms that was put on the job by the apex regulator in September 2008.
- For the purpose of evolving these norms, various package-wise distribution of the capital costs of the TPS-- owned by both public and private sectors firms-- of the above-mentioned unit sizes were analyzed by the CERC-appointed consortium. Subsequently, capital cost of each of the packages of a TPS has been worked out, based on which the CERC has notified per-MW benchmark costs.
- CERC intends to finalize these benchmark norms upon the receipt of the public comments on the same, which are due to be submitted by October 11, 2010.
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