Power News We love to talk!

MAY 19 2015

Telangana solar policy aims to offer swift solutions for developers

  • Economic Times, ET Bureau / Hyderabad
  • Created: Tue 19th MAY 2015

The Telangana Government has come up with a new solar policy for 2015, which will be valid for five years with incentives.

It provides for a 100 per cent refund of VAT/GST for all inputs required for solar power projects, which is to be provided by the Commercial Taxes Department. There is also a provision for 100 per cent stamp duty refund for land purchased for the solar power project.

Grid-connected solar power projects based on both photo-voltaic as well as solar thermal technologies set up for sale of power to TS discoms or for sale of power to third parties within the State and for captive generation are entitled for facilities.

These would also be offered to those funded and owned by developers, as also solar roof-top projects, off grid applications, and projects under MNRE and Government of India schemes and solar parks. However, to avail the benefits, the power generated would have to be consumed within the State.

The State proposed to encourage development of solar parks to host an array of players. A solar policy cell to facilitate single window clearance has been proposed.

A transaction charge of 10,000 per mw shall be applicable with a maximum of 2 lakh per project. The modalities for single window will be announced within 30 days.

The policy states that there is no ceiling limit as per the land ceiling act for solar projects factoring five acres as a cap for one mw.

The wheeling and transmission charges have been exempted for captive use within the State and would be charged in case of third party sale. It provides for development charges and layout fee of 25,000 per acre to the respective panchayat. A project monitoring committee, including private developers, would be constituted to facilitate early implementation.

While extending all concessions offered by the Centre under various schemes, for solar rooftop units, there is no distribution loss/charge. The Discom will come out with a separate statement on solar pumps.

Tags

WHEELING Telangana Captive Grid Ministry of New and Renewable Energy transmission charges Solar policy Power India solar power Solar CAPTIVE WHEELING

Related News

  • 5,200 MW solar capacity to be added in 2016-17: CARE  Read more
  • Coal block auction: Government likely to cap costs of power plants  Read more
  • Power Finance Corp needs to sustain gains in asset quality  Read more
  • Cross-subsidy of power tariffs lure businesses to solar energy  Read more
  • Clean energy sector achieves record capacity addition of 6,937 MW in FY16  Read more
  • Mahindra to expand renewables business amid India's clean energy push  Read more
  • 'Arrogant' rule forces BP to relinquish 15 of the 21 oil blocks  Read more
  • LED bulbs procurement price falls 10% more to Rs 64.41/unit  Read more
  • National Smart Grid Mission: States told to submit plans  Read more
  • NTPC uncertain on fate of 5 coal blocks  Read more