Govt Modifies Rules To Help Solar Parks Get Land

- Advertisement -

SECI will make both government and private land available to successful bidders for setting up projects with the assistance of state governments.

In a bid to remove hindrances related to availability of land and evacuation issues, the Ministry of New and Renewable Energy (MNRE) has issued a memorandum proposing modifications to the guidelines issued for development of solar parks and ultra-mega solar parks.

Image for representation purpose only

“In order to address the two most critical elements, such as land and power evacuation infrastructure for solar parks, a new mode is being introduced for development of renewable energy parks (solar/wind/hybrid/other RE parks) through Solar Energy Corporation of India (SECI),” the ministry said in a notification.

- Advertisement -

New norms
The New Indian Express reported that under the new guidelines, called Mode-7, SECI will make both government and private land available to successful bidders for setting up projects with the assistance of state governments. The state government would be paid a facilitation charge of Rs 0.02 per unit of power being generated in these parks.

This facilitation charge would be paid by renewable energy project developers for setting up projects in these lands in addition to any land cost. Also, no fund from Central Financial Assistance (CFA) would be used for the procurement of land, said the modified guidelines.

The ministry also said that about 16,650 MW capacity is still to be allocated under the scheme and the entire CFA available for this spare capacity under the solar park scheme would now be utilised for Mode-7. 

India has 34 solar parks operating in 21 states with a total capacity of 20,000 MW.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Crompton Greaves Starts Kitchen Appliance Manufacturing In Vadodara

0
This move aims to boost product quality and operational efficiency, enhancing the delivery of innovative, high-quality kitchen solutions to meet growing consumer demands. Crompton Greaves...

Advancing  Manufacturing Sector With New Refrigerator Plant

0
By incorporating advanced backward integration processes, this plant sets to redefine industry standards, promising improved efficiency and reduced environmental impact, while also boosting local...

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Buzz

India Eyes $250M Private-Public Cloud Model For Semiconductor R&D

0
According to the plan, this facility will offer easy access to chip and packaging designs for startups, researchers, and small firms. The Indian government is...

EV Parts Maker Matel Raises $4M

0
Matel manufactures components such as power trains and motor control units for electric vehicles. In this funding round, investors included Gruhas, backed by Nikhil...
Siemens and CSA

Siemens To Sell Innomotics To KPS For $3.8B

0
Siemens chief financial officer Ralf Thomas expressed his pleasure at the significant progress made in optimizing their portfolio through the sale of Innomotics to...

Important Sectors

Automotive Electronics Industry Growth Prospects And Strategies

0
From electric vehicles (EVs) to autonomous vehicles, discover the challenges, key players, and market segments driving a $136 billion industry revolutionising vehicles and the...

India Eyes $250M Private-Public Cloud Model For Semiconductor R&D

0
According to the plan, this facility will offer easy access to chip and packaging designs for startups, researchers, and small firms. The Indian government is...

EV Parts Maker Matel Raises $4M

0
Matel manufactures components such as power trains and motor control units for electric vehicles. In this funding round, investors included Gruhas, backed by Nikhil...
Siemens and CSA

Siemens To Sell Innomotics To KPS For $3.8B

0
Siemens chief financial officer Ralf Thomas expressed his pleasure at the significant progress made in optimizing their portfolio through the sale of Innomotics to...

Ampere Teams With Qualcomm On AI, Unveils New Chip

0
Ampere Computing and Qualcomm team up to create energy-efficient AI chips, launching a data center server aimed at reducing power consumption and outpacing rivals...

Manufacturing

Automotive Electronics Industry Growth Prospects And Strategies

0
From electric vehicles (EVs) to autonomous vehicles, discover the challenges, key players, and market segments driving a $136 billion industry revolutionising vehicles and the...
Siemens and CSA

Siemens To Sell Innomotics To KPS For $3.8B

0
Siemens chief financial officer Ralf Thomas expressed his pleasure at the significant progress made in optimizing their portfolio through the sale of Innomotics to...
Siemens and CSA

Siemens Limited Announces ₹1000 Crore Capex

0
In a statement, Siemens announced that it is expanding its factory operations in Goa to address the rapidly growing demand for essential industry components. Siemens...

Atul Aggarwal Named New Managing Director Of Sterling Tools

0
In his new position, Atul Aggarwal, who serves as a whole-time director as well, will lead the company's expansion and development into new verticals. Sterling...
Sona Comstar

Sona Comstar’s 3-Pronged Global Strategy To Outperform China In EV Parts Supply

0
Sona BLW Precision Forgings (Sona Comstar) has adopted a three-pronged strategy: leveraging the protectionist policies of the US and Indian governments to exclude Chinese...