The Goa Cabinet on Wednesday approved the much-awaited Solar Power Policy, under which the State expects to generate 150 MW of solar power by 2021, Chief Minister Manohar Parrikar said in Panaji .
Parrikar, who chaired the Cabinet meeting, also said the policy would come into force by the end of current financial year. According to PTI, The Goa Cabinet on Wednesday approved the much-awaited Solar Power Policy, under which the State expects to generate 150 MW of solar power by 2021, Chief Minister Manohar Parrikar said.
“It will take two-three months to have proper documentation for the policy and by the end of this financial year, it will become functional,” he said. The Chief Minister said the policy is divided into three categories, which includes even a unit producing up to 100 KV power.
Residential societies, which can generate less than 100 KV power would be compensated by the government under this policy as per the Joint Electricity Regulatory Commission rates depending on the gross metering, he said. The units producing more than 100 KV power will be compensated on net metering as the unit operator would be participating in the reverse gridding of the power, he said. The policy also encourages power generation by individuals, who either have their own land where they can set up the unit or can procure NOC from the land owners for it, Parrikar said.
“The land owner would be spared from the process of conversion of his land or permission from local panchayat or civic body, if he is installing solar power generation plant under the policy,” he said. “In such circumstances, the power producer will have to show the documents of the land and bank guarantee of six months. But the unit operator would be penalised in case of non-supply of power to the government or delay in it,” he said. “Lot of people were anticipating the Solar Power Policy. We had extensive discussions before finalising it.”
“It will take two-three months to have proper documentation for the policy and by the end of this financial year, it will become functional,” he said. The Chief Minister said the policy is divided into three categories, which includes even a unit producing up to 100 KV power. Residential societies, which can generate less than 100 KV power would be compensated by the government under this policy as per the Joint Electricity Regulatory Commission rates depending on the gross metering, he said.
The units producing more than 100 KV power will be compensated on net metering as the unit operator would be participating in the reverse gridding of the power, he said. The policy also encourages power generation by individuals, who either have their own land where they can set up the unit or can procure NOC from the land owners for it, Parrikar said. “The land owner would be spared from the process of conversion of his land or permission from local panchayat or civic body, if he is installing solar power generation plant under the policy,” he said. “In such circumstances, the power producer will have to show the documents of the land and bank guarantee of six months. But the unit operator would be penalised in case of non-supply of power to the government or delay in it,” he said.