Gujarat Sun Energy Coverage 2021 gets rid of capability ceiling for putting in plant

Leader Minister Vijay Rupani introduced Tuesday the Gujarat Sun Energy Coverage, 2021, for the following 5 years that goals to cut back the ability prices of commercial gadgets by way of round 50 in keeping with cent via elimination of any capability ceiling for putting in a sun undertaking in Gujarat. The coverage additionally permits customers to provide their roof or premises on rent to a 3rd party for technology and intake of energy on similar premises.

“Because of this new solar energy coverage, building up in intake and manufacturing of solar power within the state will carry down manufacturing value for the industries and likewise intends to assist ‘Made in Gujarat’ emblem building up its presence within the international marketplace,” the CM stated. He made the announcement at a press convention in Gandhinagar within the presence of state Power Minister Saurabh Patel and essential secretary (Power & Petrochemicals) Sunaina Tomar.

Rupani stated the present energy value of industries, Rs eight in keeping with unit, could be halved owing to the newest coverage which is able to assist them to compete within the international marketplace.

Except for lifting the cap at the dimension of sun undertaking and permitting customers to provide their roof or premises on rent, the coverage additionally supplies a bunch of shoppers to arrange sun initiatives for self-consumption as a collective possession undertaking and lets them devour the generated power within the ratio in their possession.

Previous, the cap at the sun undertaking used to be 50 in keeping with of the sanctioned load or shriveled call for.

Additionally, the safety deposit, to be submitted by way of a developer to an influence distribution corporate (DISCOM), has been decreased from Rs 25 lakh in keeping with MW to Rs five lakh in keeping with MW.

To inspire small-scale sun initiatives (as much as Four MW), energy DISCOMs, underneath the brand new coverage, will now acquire energy from the ones initiatives at 20 paise in keeping with unit tariff upper than tariff came upon via aggressive bidding.

Beneath the coverage, surplus energy shall be bought by way of the state govt after prompt towards intake of the undertaking owner. For residential customers and MSMEs, the state will acquire the excess energy at Rs 2.25 in keeping with unit for preliminary 5 years and at 75 in keeping with cent of recent tariff came upon and shriveled by way of Gujarat Urja Vikas Nigam Restricted (GUVNL) via aggressive bidding procedure for non-park-based sun initiatives in previous six months which shall stay mounted for ultimate lifetime of the undertaking.

For different customers, the excess energy shall be bought at 75 in keeping with cent of recent tariff came upon and shriveled by way of GUVNL via aggressive bidding procedure for non-park-based sun initiatives in previous six months which shall stay mounted for the undertaking lifetime of 25 years.

The coverage estimates financial savings to residential customers within the vary of Rs 1.77 – Rs 3.78 in keeping with unit, commercial and business (captive) within the vary of Rs 2.92 – 4.32 in keeping with unit and commercial and business (third-party sale) within the vary of Rs 0.91 – Rs 2.30 in keeping with unit.

Gujarat Power Minister stated other people and small industries have supplied an amazing reaction to the state govt’s projects in producing inexperienced and renewable power. Patel stated the state govt has won bids for 2300 MW from residential, small commercial and institutional energy manufacturers having capability between 500 KW and four MW on the price of Rs 2.83 in keeping with unit. The contracts usually are awarded after January 2 as in keeping with requirement.

He added all of the subsidies that have been to be had for solar energy initiatives within the state shall be endured.

Terming the newest sun coverage as “ancient”, Patel additionally stated that it has got rid of all restrictions for technology of solar energy within the state. He added that as a result of this coverage, the typical other people of Gujarat will witness sluggish aid in charges of energy.

The CM stated that Gujarat has already completed 11,000 MW of manufacturing capability and now has set a goal of manufacturing 30,000 MW of inexperienced power by way of 2022, which is able to in large part come with wind and solar power.