The Ministry of New and Renewable Energy has conveyed the President of India's sanction for continuation of the "Scheme for Promotion of Grid Interactive Power Generation Projects based on Renewable Energy Technologies for Wind Power projects" during 12th Five Year Plan.
According to the Ministry's notification to various State Nodal Department/Agencies and other implementing agencies, the scheme shall be implemented during 2012-17 as per the norms/guidelines and other provisions which were applicable during 2011-12.
In this regard, the Ministry states that it will continue to provide financial support for carrying out Wind Resource Assessment, organization of seminars/ symposiums/ workshop/ training programme, strengthening of technical institutions, testing facilities, engaging consultants, etc. on a case-by-case basis.
In light of this sanction for continuation of this scheme by the President, MNRE is requesting all SNAs to take up projects for implementation as per the guidelines of 2006-07 till further communication.
It may be noted that the scheme for Promotion of Grid Interactive Power Generation Projects based on Renewable Energy Sources started implementation in 2006-07.
Also, in a separate development IREDA has started the registration process for the "Extension Wind GBI Scheme" for the 12 plan ie. (2012-17) which was extended by MNRE vide its notification dated 04/09/2013.
Under the "Extension Wind GBI Scheme"
- a Generation Based Incentive (GBI) will be provided to wind electricity producers @ Re. 0.50 per unit of electricity fed into the grid for a period not less than 4 years and a maximum period of 10 years with a cap of Rs. 100 Lakhs per MW.
- The total disbursement in a year will not exceed one fourth of the maximum limit of the incentive i.e. Rs. 25.00 Lakhs per MW during first four years. The GBI scheme will be applicable for entire 12th plan period having a target of 15,000 MW.
- GBI would be available for wind turbines commissioned on or after 01.04.2012 and for entire 12th plan period and shall be governed by the guidelines.
- The incentive would be available for grid connected wind power projects set up for sale of electricity to the grid, at a tariff notified by SERC and /or State Govt. and also for Captive Wind Power Projects including Group Captive to the extent of sale of electricity to the grid only.
- Exclusion: GBI would not be available to any wind power project selling power to third party, (viz. merchant power plants).
- The complete operational guidelines for the GBI Scheme can be viewed here.
- The link for registration with IREDA for the GBI Scheme can be accessed here.
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