Uttar Pradesh’s (U.P.) cabinet of ministers have approved the state’s Draft Solar Policy 2017 and given it a retroactive effective date of November 6, 2017. The policy will remain in place for five years or until a new policy is created.
Key Highlights –
- It aims to encourage private sector participation in Uttar Pradesh’s solar sector,
- provide solar power project investment opportunities,
- provide environmentally friendly and affordable power for all,
- and help to achieve the state’s eight percent solar renewable purchase obligation target by 2022.
- The minimum project size is 5 MW for standalone projects at a single location and projects will be only awarded through competitive bidding.
- The intrastate sale of solar power to any third party will be exempt from wheeling charges/transmission charges.
- To promote the large-scale installation of grid-connected rooftop systems with net-metering in private residential sectors, the state government will provide a subsidy of ₹10,000 (~$155)/kW up to a maximum of ₹20,000 (~$310)/kW per consumer on a first come, first serve basis for the first 100 MW of online applications submitted to the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA).
- For 10 years, there will be an electricity duty exemption for the sale of electricity to a distribution licensee, captive consumption, and for third-party sale with respect to all solar projects set up within the state.
The Government of Uttar Pradesh has set a target of 10,700 MW for solar power, including 4,300 MW from rooftop solar projects, by FY 2022. As of October 2017, Uttar Pradesh had over 600 MW of large-scale solar installations and a development pipeline of around 350 MW.
Click here for ‘Uttar Pradesh Solar Power Policy – 2017’