Gujarat's Visionary Renewable Energy Policy Targets 50 Percent Green Power by 2030
The government of Gujarat, has introduced the Gujarat Renewable Energy Policy-2023, with a goal to generate 50 percent of its power from renewable energy sources by 2030.
October 12, 2023. By News Bureau
The policy, which will be effective until 2028, was unveiled by Chief Minister Bhupendra Patel in Gandhinagar, with the aim to attract investments of approximately INR 5 lakh crore in the renewable energy sector. The plan outlines the harnessing of an estimated 36 GW of solar and 143 GW of wind capacity.
The policy covers various renewable energy projects, including ground-mounted solar, rooftop solar, floating solar, canal-top solar, wind, rooftop wind, and wind-solar hybrid projects. It is expected to utilize around 4 lakh acres of land for renewable energy plants.
The state government's efforts align with Prime Minister Narendra Modi's target of achieving net-zero emissions by 2070 through the increased use of green energy sources.
Projects operating under the policy will enjoy benefits for 25 years from the commissioning date or their lifespan, whichever is earlier.
The Gujarat Energy Development Agency (GEDA) will serve as the nodal agency for project registration, validation, commissioning certificates, and monthly progress reports.
The policy encourages small-scale rooftop wind projects with options for net metering or gross metering. Additionally, it facilitates the installation of prototype wind turbine generators (WTGs) and the conversion of existing wind or solar power plants into hybrid projects.
Residential customers consuming solar power will be exempt from banking charges, while other customers will be subject to charges determined by the Gujarat Electricity Regulatory Commission (GERC).
Gujarat's renewable energy policy showcases the state's commitment to sustainable energy solutions and contributes to India's broader goals of transitioning to cleaner energy sources.
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