SECI Signs MoU in Odisha to Develop Agro-Photovoltaic Solar Projects

• The Solar Energy Corporation of India (SECI) has signed an MoU with the Government of Odisha to create Agro-Photovoltaic solar projects in the state.

The Solar Energy Corporation of India (SECI) on behalf of the Government of India has revealed that it has authorized a Memorandum of Understanding (MoU) with the Government of Odisha to develop Agro-Photovoltaic projects in the state. In such projects, the exact same land is utilised both to harvest solar energy and to execute agricultural/ farming activities.

The news of the signing of the MoU was introduced on Twitter by SECI:

According to the MoU, SECI will establish the grid-tied agro-photovoltaic projects in the seaside state in partnership with the Odisha Renewable Energy Development Agency (OREDA). SECI has stated that the farming land would be used up under the 'Annual Lease Model' from interested farmers. The federal government will directly perform the lease deed for a duration of 25 years with the farmers without entailing any kind of brokers, SECI included.

According to SECI, this will directly benefit farmers as they can carry on farming activities on the leased agricultural land while earning an established lease quantity of Rs 20,000/ acre yearly from the government.

SECI has actually likewise introduced the signing of an MoU with the Ministry of brand-new as well as Renewable Energy (MNRE), however, the function of signing of the MoU is yet to be plainly mentioned.

In September, NHPC had actually provided a tender for hiring of experts for the technical support and preparation of DPR of Floating Solar Projects of 100 MW capacity in the Rengali Reservoir in Odisha.

In July, NHPC had actually tattooed a Memorandum of Understanding (MoU) with the Green Energy Development Corporation of Odisha Limited (GEDCOL) to form a joint venture for creating floating solar energy projects in the state of Odisha with a first ability of 500 MW. Both entities might collaborate and also cooperate to create a joint endeavor firm (JVC) to intend as well as create techno-commercially feasible floating solar power projects of 500 MW in Odisha under the UMREPPs (Ultra Mega Renewable Energy Power Parks) scheme of the Ministry of New and Renewable Energy (MNRE), in a phased fashion, ideally in bundles of 50 MW each.