Guidelines for Generation Based Incentive
With a view to develop and demonstrate technical performance of grid interactive solar power generation, achieve reduction in the cost of the grid connected solar systems and the cost of solar power generation in the country, the Ministry of New and Renewable Energy will support Grid Interactive Solar Power Generation projects as demonstration projects in the country. The Ministry will consider support for a maximum capacity up to 50 MW during the 11th plan period. as per the guidelines and norms given below. The Indian Renewable Energy Development Agency (IREDA) will assist the Ministry in fund handling, monitoring and other associated activities in this regard. The following are the broad guidelines for submission of proposals by the interested project developers, details of incentives and other related guidelines. 1. Eligible Organizations 1.1 All existing registered companies, central and state power generation companies and public/private sector PV power project developers who have set up or propose to set up a registered company in India will be eligible for consideration of generation based incentive. Individuals, NGOs, financial institutions, societies and other unorganized investors are not eligible to participate directly. 2. Eligible Projects & Eligibility Criterion 2.1 Grid interactive solar PV Power Generation plants of a minimum installed capacity of one MWp per plant at a single location will be eligible for generation based incentive. However, one mega-watt capacity may be set-up through modular units to make one megawatt at a single location. 2.2 A maximum cumulative capacity of 10 MWp of Grid interactive solar PV power generation projects can be set up in a State. 2.3 Any project developer, who fulfills the procedural requirements and the guidelines specified by the Ministry, will be eligible for consideration of generation based incentive. Any project developer can set up grid interactive PV power generation projects up to a maximum of 5 MWp capacity in the country, either through a single project or multiple projects of a minimum capacity of one MWp each…
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November 16, 2009 | Posted by admin
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