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Major changes in State Solar Energy Policy

Major changes in State Solar Energy Policy

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Panjim: The State government has proposed major changes to the Goa State Solar Energy Policy 2017, including providing for Roof Top Solar Power Generation through Renewable Energy Service Company (RESCO) model.

“The RESCO will sell the power to Electricity Department and the owners of the roof top will have their own agreement with the RESCO” it says. The State government will formulate a separate policy for fixing a rate for allotment of Government land for the purpose of establishing solar power generating facility by third party.

The new Solar policy has already been approved by the State Cabinet and may be placed in the Assembly this session for further approval.

As reported earlier, Goa State Solar Energy Policy 2017, which was notified in December 2017, but could not be implemented due to some faults. Hence, the need was felt for changes, says the Goa Energy Development Agency.

As per the new solar policy feed in tariff for the settlement of net surplus energy credits outstanding at the end of the settlement period will be as per JERC approved solar tariff rates for that year or Average Power Purchase Cost (APPC) as per current year tariff order of JERC, whichever is lower.

“The State Government propose subsidy or incentives for Small and Large Prosumers by providing one time 50% subsidy (Central share 30% and State share 20%),” the proposal says.

Source: Herald
Anand Gupta Editor - EQ Int'l Media Network

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