Glossary

Terms generally referred by Solar Products Manufacturer

     
MEDA
-

Maharstra Energy Development Agency

MERC
-
Maharastra Electricity Regulatory Commission
     
CERC
-
Central Electricity Regulatory Commission
     
SERC
-
State Electricity Regulatory Commission
     
DISCOM
-

Distribution Comapny

MNRE
-

Ministry of New & Renewable Energy

NABAD
-
National bank for Agriculture & Rural Development
NREL
-

National Renewable Energy Laboratory

NSM
-

National Solar Mission

REC
-

Renewable Energy Certificate ( For Solar, Wind, Tidal )

FiT
-

Feed in Tariff

AD
-
Accelerated Depreciation
CSS
-

Cross Subsidy Surcharge

RPO
-

Renewable Purchase Obligations

SPO
-
Solar Purchase Obligations
     
APPC
-
Average Pooled Purchased Price
     
PPA
-
Power Purchase Agreement
     
CUF
-
Capacity Utilization Factor
     
IRR
-

Internal rate of Return

EPC
-

Engineering Procurement & Construction

NLDC
-

National Load Dispatch Center

RFP
-

Request for Proposal

 
Wheeling Charges
-

Cost to transmit electricity from Point of generation to point of consumption