Gujarat announces new wind policy giving higher tariff and exemption from electricity duty...

 

Gujarat Government, has today announced a new wind energy policy providing higher tariff for wind purchase and exemption from electricity duty in addition to some other incentives.

 

 

As per the revised policy,

• The Tariff/price has been increased to Rs. 4.15 per unit which will be applicable for next 25 years.
• Further, the Gujarat Government has proposed exemption from electricity duty to wind power producers.
• Power producers can also use the wind power for captive consumption in their own units in the state after paying wheeling and transmission charges and Rs. 0.05 per unit extra if the power is supposed to be wheeled to more than one location.
• Surplus power, after the captive consumption, can be sold to the State Transmission Utility at Rs. 3.52 per unit (i.e. 85% of the tariff)
• Power producers can also sell their wind energy to third party after paying the necessary wheeling and transmission charges.
• Government has proposed to allot wasteland in interior regions of the state to set up the wind projects.

As per the Gujarat Government, the state is having share of renewable energy at 10% of the total whilst other states are having the share at 2-3% of total power.

 

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Additional Reading...

• http://www.business-standard.com/article/economy-policy/gujarat-govt-floats-new-wind-energy-policy-113072500932_1.html
• http://www.narendramodi.in/new-encouraging-wind-energy-policy-approved-in-gujarat/

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