MNRE Releases Draft Guidelines for Development of 3 GW Solar Projects under Batch-II Tranche-I
Ministry of New and Renewable Energy (MNRE) on 14th January 2015, has released draft guidelines for the development of 3000 MW of solar projects under JNNSM batch-II phase-II Tranche-I.it will be implemented by NVVN on Solar Parks to be developed through association of Central and State Agencies, and through open competitive Bidding.
Minimum Projects size will be 10 MW, and the power generated will be bundled with the thermal power and at fixed levellized tariff for 25 years. The tariff will be fixed through bidding process. The bidders will be free to avail fiscal incentives like Accelerated Depreciation, Concessional Customs and Excise Duties, Tax Holidays, etc. NVVN will bundle the Solar Power with unallocated Thermal Power from Coal based stations of NTPC on 2:1 basis (2 MW of Solar with 1 MW of Thermal), and sell the Bundled Power to willing State Utilities at Weighted Average Tariff of the Solar and Thermal components plus Trading Margin of Paisa Seven (7) per kWh. Discoms can fulfill RPO requirement on purchase of this power.
It will be duty of the implementation agency to provide land and connectivity required if the project is in a solar park under MNRE guidelines. The Guidelines clearly says that Under Domestic Content Requirement, the solar cells and modules used in the solar PV power plants must both be made in India.
Previously in October 2014, MNRE had laid guidelines for the development of 1000 MW solar projects in the Andhra Pradesh.
The draft can be accessed here.
Previous post on the MNRE guidelines can be read here.