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UP State releases draft Solar Policy

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The Indian state of Uttar Pradesh has published a draft solar policy with a goal to install 150MW by 2014 and 1 GW by 2017. 

As per the policy, the Uttar Pradesh New and Renewable Development Agency (UPNEDA) will have the responsibility of identifying suitable locations and creation of a land bank, as well as tasks related to bidding process for the proposed projects.

Only experienced power plant developers will be considered for the allocation of PV and CSP plants possessing. As the requirement is for developing larger plants, emphasis will be on choosing developers good net worth and annual turnover.

 

Total Target Capacity (MW)
Phase I   2012-2013 —
Phase II  2013-2014 :150MW
Phase III  2014-2015 :300 MW
Phase IV  2015-2016 : 300 MW
Phase V  2016-2017 : 250 MW
 
Total 1000 MW
 
 
The Grid connected solar power projects will be divided in following three groups:
1. Small : 2MW to 10MW
2. Medium : >10MW to 25 MW
3. Large : > 25 MW
 
 
These grid connected solar power projects will be implemented under two categories:
A.Private Projects (will include those projects which are installed on land banks identified & procured by the developer).
 
B.Government Land / Space based Projects (will include those projects which are installed on Government land. In lieu of land for 25 years lease; a suitable charge shall be levied by the Government for every unit of power generated from the project)
 
 
Energy generated from solar power projects as mentioned in that are commissioned during this policy period will be sold to distribution licensee/utility on tariff based competitive bidding, subject to approval by UPERC [Uttar Pradesh Electricity Regulatory Commission] or at Average Pool Price under REC Mechanism.
 
The policy supports experienced solar developers and has listed some criteria for developers to participate in the solar policy:
 
 2 to 10MW
Technical Criteria:  Experience of successfully commissioning grid solar project aggregating at least Rs.10 crore in the last 3 yrs
 
Net Worth Criteria: Rs 3.00 crore /MW derived from any of the last 3 yrs annual accounts.
 
Annual Turnover Criteria: Rs 5 crore /MW derived from any of the last 3 yrs annual accounts”
 
>10 to 25MW
Technical Criteria: Experience of successfully commissioning grid solar project aggregating at least Rs.30 crore in the last 3 yrs
 
Net Worth Criteria: Rs 3.00 crore /MW derived from any of the last 3 yrs annual accounts.
 
Annual Turnover Criteria: Rs 5 crore /MW derived from any of the last 3 yrs annual accounts
 
>25MW
Technical Criteria: Experience of successfully commissioning grid solar project aggregating at least Rs.50 crore in the last 3 yrs
 
Net Worth Criteria: Rs 3.00 crore /MW derived from any of the last 3 yrs annual accounts. For every MW additional capacity, beyond 25 MW, additional net worth of Rs. 2 crore would need to be demonstrated.
 
Annual Turnover Criteria: Rs 5 crore /MW derived from any of the last 3 yrs annual accounts.
 
Internal Resource Generation: INR 2 Crore per MW of the capacity, computed as 5 times the maximum internal resources generated during any of the last 5 yrs business operations.

 

 

 

The draft policy is available for download in a pdf file. Please click the link below. 

  Download the attached file
Policies & Regulations | News published on 09 / 08 / 2012 by Bharat Vasandani

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