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"6.5 The project cost varies on account of various factors including location of the project, rating of the units, total capacity, technology, designed capacity utilization factor etc. and therefore, a reasonable project cost needs to be considered on a uniform basis for tariff determination.
6.6 The Commission had, in its order dated 7.8.2007 considered the capital cost (including cost of infrastructure) of Rs. 4.25 Crores per MW. 6.7 Various stakeholders during the public hearing have pleaded for considering Capital cost of about Rs. 5.50 Cr./MW. The Commission observed that diverse views were expressed by various stakeholders. However, item wise cost data was not submitted by the project developers to substantiate their suggested capital cost. Keeping in view the various data available with the Commission, the Commission is of the view that it would be reasonable to adopt a capital cost of Rs. 4.50 Crores per MW for the entire control period including cost associated with power evacuation system from the project site to nearest Appeal no. 93 of 2012 33/11 kV sub-station of distribution licensee for all biomass projects up to 2 MW and to the nearest 132/33 kV sub-station of transmission licensee for the biomass projects of capacity more than 2 MW".

Appeal no. 93 of 2012 10.7 In view of above, the Appellant is directed to furnish audited data of capital cost for various components of the project and any other supporting documents sought for by the State Commission. Thereupon, the State Commission shall consider the same along with the Tariff Regulations of the Central Commission, the data relied upon by the Central Commission, data submitted by other stakeholders and any other data that the Commission may call for and then decide the Capital Cost by giving the valid reasons.

6.37 The Commission had proposed Gross Calorific Value as 3612 kCal/Kg in its approach paper floated in December, 2011. Various stakeholders have suggested Gross Calorific Value ranging from 2500 kCal/Kg to 3300 kCal/Kg.
Commission's views 6.38 The Commission, after duly considering the stakeholders' views during the public hearing, has decided that for all projects Gross Calorific Value be considered as 3612 kCal/Kg."

6.34 The Commission had proposed Station Heat Rate as 3800 Kcal/Kwh in its approach paper floated in December, 2011. Various stakeholders have suggested Station Heat Rate ranges from 3800 Kcal/Kwh to 4500 Kcal/Kwh.

Commission's views 6.35 The Commission, after duly considering the stakeholders' views during the public hearing, has decided that the Station Heat Rate be considered as 3800 Kcal/Kwh."