In what would further encourage investments in renewable energy projects, the state government has exempted electricity duty of 40 paise per unit for rooftop solar and captive units. The decision is expected to help Rajasthan reach closer to 2300 MW rooftop solar capacity by 2022, a target given to it by the Centre. The duty cut is expected to have a positive impact on the new capacity lined up. Recently, Rajasthan Renewable Energy Corporation (RREC) issued rate contract order for 25 MW rooftop plants and empaneled companies to design, supply and install these projects. People interested to put up rooftop plants can reach these vendors who are also required to guarantee 5 years of maintenance.
“These projects enjoy a subsidy of 30% provided by the government. Capacity of these plants vary from 1 kWh to 500 kWh. The 2300 MW target given to Rajasthan by the Centre for solar rooftop is steep, but we have all the necessary policies in place to achieve that,” said B K Doshi, managing director, RREC. He said tenders for another 5 MW has been issued on Friday and the projects will be come up on the government buildings in the divisional headquarters of the state. “We have adopted Resco model for the 5 MW under which the consumer can install a solar power plant and not pay anything upfront. A power purchase agreement is signed between the installer and the consumer. The installing company will make the investment and the consumer will pay for the power,” added Doshi. Read More…
Latest posts by economictimes.indiatimes.com (see all)
- Railways eliminates 3,402 unmanned crossings in 7 months - November 3, 2018
- This is how the situation looks after Centre’s cut in fuel prices - October 4, 2018
- Centre Gives Rs 2.50 Per Litre Relief on Petrol, Diesel; Some States Announce Additional Rs 2.50 Cut - October 4, 2018