Gujarat Solar Policy 2021. Key Points

• Gujarat, with an installed capacity of near to 11,000 Mw of renewable resource has simply unveiled its brand-new solar policy, that looks for to take the state's total renewable energy to 30,000 MW by 2022, for starters.

Chief Minister Vijay Rupani introduced Gujarat's new solar energy policy on Tuesday. The new policy is expected to be legitimate for the next 5 years. which will stand for the next 5 years. The policy sticks out for the added freedom it gives to generators, with a concentrate on both the state as well as manufacturers benefiting from lower costs.

The large victor ought to be market, with power expenses, presently at Rs 8 per unit, targeted to be brought down by 50 percent by using renewable resource

Amongst the key points is the transfer to get rid of the ceiling on mounted capacity. The new policy additionally permits consumers to lease their properties or roof coverings to 3rd parties for setting up plants to produce as well as take in power in the same properties. In the exact same proportion of their possession of the plant.

Previously, the cap on the solar project was 50 per cent of the approved tons or got need.

The security deposit by a developer to a power circulation firm (DISCOM), has been reduced from Rs 25 lakh per MW to Rs 5 lakh per MW.

The new policy guarantees that the state would certainly acquire excess power from household and micro, tiny and also average enterprises consumers after triggering against their intake. This indicates that they would be permitted to sell their excess power at a tariff of Rs 2.25 per unit. (Gross Metering). This action, while an internet favorable, might not go down well with smaller manufacturers, as web metering was a genuine attraction for them. This is perhaps offset only by the reality that the state has actually done a much better work of subsidising smaller sized installs.

For various other customers, the surplus power will certainly be bought at 75 per cent of latest tariff uncovered and acquired by GUVNL with competitive bidding process for non-park-based solar projects in coming before six months which will stay fixed for the project life of 25 years.

The policy approximates cost savings to property customers in the range of Rs 1.77-- Rs 3.78 per unit, commercial as well as industrial (restricted) in the series of Rs 2.92-- Rs 4.32 each and also industrial and business (third-party sale) in the series of Rs 0.91-- Rs 2.30 each.

For small-scale solar projects below 4 MW, discoms will currently buy power from them with an added reward of 20 paise each over discovered cost. Gujarat leads the country in solar roof installments, with the state having 51,000 subsidised roof solar plants in the property segment-- the highest possible in India, at the end of March 2020. Quite a comparison to neighbouring Maharashtra as an example, where the discom and improperly created rewards have made them practically a non- starter.

The state power priest declared that the government was remaining on a solid reaction for solar projects from little sectors, with bids for 2300 MW from property, small industrial and also institutional power manufacturers having capability in between 500 KW as well as 4 MW at the rate of Rs 2.83 each. These agreements are most likely to be awarded after January 2 as scheduled. With the large 30 GW Kutch project lastly starting as well as slated for conclusion by 2025, the state looks set to keep its leading show in the sustainable room.