Government goes for Concessional Import and Excise Duty Exemption for Setting up of Solar Power Plants
The Minister of New and Renewable Energy, Dr. Farooq Abdullah Informed Rajya Sabha today that as per monthly generation report compiled by Central Electricity Authority, 83.483 MU of grid solar power was produced during August, 2012 and 539.205 MU during the period April, 2012 to August, 2012.
A capacity of 10,000 MW (cumulative) is envisaged by March 2017 (end of Phase-II) under JNNSM.
Measures taken to increase the share of solar power in the Power Grids are as under:Online GST Certification Course by TaxGuru & MSME- Click here to Join
(i) Government of India has launched Jawaharlal Nehru National Solar Mission (JNNSM) on 11th January, 2010. The Mission targets deployment of 20,000 MW of grid connected solar power by 2022 in three phases.
(ii) Provision for renewable purchase obligation for solar has been made in the National Tariff Policy.
(iii) Concessional Import duty and excise duty exemption for setting up of solar power plants.
(iv) Generation based incentive and facility for bundled power for Grid connected Solar Power Projects through various interventions announced from time to time.
(v) Awareness programmes such as exhibitions, training workshops etc. are being conducted.
(vi) Several R&D efforts have been initiated for new technologies and improvement in efficiency.