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Rajasthan Gets Rs 4000 Cr Investment for 925 MW Solar Plant ---------------------------------------------------------------------- NTPC and RSDCL are set to sign an agreement with an investment worth Rs 4000 crore to develop 925 MW solar power projects in Nokh Solar Park in Rajasthan In what will become the first largest investment in Rajasthan during the current regime of the Congress government, NTPC and Rajasthan Solarpark Development Corporation Ltd (RSDCL), a subsidiary of RRECL, will sign an agreement to develop 925 MW capacity solar power projects in Nokh Solar Park, near Jaisalmer. As per the agreement, NTPC will develop solar PV projects in the park at an estimated investment of Rs 4, 000 crore, while RSDCL will build the basic infrastructure that would require about Rs 450 crore. The park will be connected to PGCIL’s 765 kV Bhadla-II sub-station. “The agreement follows rounds of discussion between NTPC and RSDCL officials and will bring to Rajasthan the biggest investment in the state’s solar power sector. The NTPC board has already approved the investment in a meeting held on February 7, 2020, and signing of the Implementation Support Agreement (ISA) will officially mark the commencement of the investment inflow to state, ” Ajitabh Sharma, principal secretary, Energy and chairman of RRECL told media. Recently, RSDCL had issued a tender, seeking bids from eligible firms for the construction of 220 kV and 132 kV transmission lines for the Nokh Solar Park in Jaisalmer on a turnkey basis. The scope of work for the selected bidders will include the design, engineering, procurement, installation, testing, and commissioning of the transmission lines on a turnkey basis. The successful bidder will have a period of 15 months from the date of issuance of the purchase order to complete the work on the project. The park is proposed to have four projects, three of 245 MW each to be developed in EPC mode and one of 190 MW in developer mode. For the power evacuation system, RSDCL will construct four park pooling substations and transmission lines for Nokh solar park. Availability of most sunny days in a year, high insolation and large tracts of government, as well as private non-cultivable barren land, make Rajasthan a sought-after destination for solar developers. To harness the potential, the state government has recently launched the new Rajasthan Solar Energy Policy, 2019 and Rajasthan Wind and Hybrid Energy Policy, 2019, giving competitive incentives to investors. The government is also promoting the establishment of ultra mega renewable energy power parks with CPSUs and private developers. In January, we had reported that Mahindra Renewables Private Limited (MRPL), a wholly-owned subsidiary of Mahindra Group cleantech arm Mahindra Susten Private Ltd (MSPL) is planning to invest around USD 171 million to set up an IFC-backed 250 MW solar power project in Rajasthan around 1200 acres at Bhiv Ji ka Gaon Village in Bap Tehsil, Jodhpur District.
New Delhi: The Uttar Pradesh cabinet chaired by Chief Minister Yogi Adityanath has cleared a floating solar power plant on Rihand Dam with an investment of Rs 750 crore. It will be the first water surface floating solar power plant of Uttar Pradesh and biggest in the country. The state cabinet cleared the project that will fetch investment of Rs 750 crore, UP government spokesman Shrikant Sharma told reporters here. He said the water surface floating solar power project will generate 150 MW power and will be completed in 21 months. "It will be first such project of UP and biggest in the country, " Sharma said. While M/s Renew Solar Power Private Limited will produce 100 MW, Shapoorji Pallonji Infrastructure Private limited will generate 50 MW from this project, he said. UP Power Corporation Limited (UPPCL) has made power purchase agreement for next 25 years at Rs 3.36 per unit which will benefit people of the state, he said
India sets up 31, 696 MW solar power generation capacity ---------------------------------------------------------------------- The government on Thursday said a total 31, 696 Mega Watt (MW) of grid connected solar power generation capacity has been set up in the country till October 2019. The government's target is to installing 1, 00, 000 MW grid connected solar power capacity by December 2022, Minister of State for Power and New and Renewable Energy R K Singh said in a written reply to the Lok Sabha. "As on October 31, 2019, a total grid connected solar power generation capacity of 31, 696 MW has been set up in the Country, projects of 17, 998 MW capacity are at various stages of installations, " the minister said. Tenders for another 36, 278 MW capacity projects have been issued and with new tenders of around 15, 000 MW planned in remaining period of 2019-20 and 2020-21, and the country is on course for achieving the target, he said. Most of the solar power projects in the country have been/are being set up with private investment, Singh said. "The union government has been implementing National Solar Mission under which various Schemes (as detailed in Annexure-III) have been launched for promoting the generation and use of solar power in the country. This...makes publicity for effective implementation all schemes including Solar Schemes through print, social, electronic and other media. The Ministry has also launched a Mobile App for solar rooftop systems, " the Singh said.
UP govt allows farm land lease for solar power plant, agri industry --------------------------------------------------------------------- The new law permits lease of agricultural land for agricultural purposes for up to 15 years and for a solar project for up to 30 years. -------------------------------------------------------------------- Lucknow: In a major push to boost investment and production as well as setting up of solar power projects in the state ahead of the ground breaking ceremony on Sunday, the UP government has made it possible to lease out agricultural land, so far prohibited, for agricultural purpose or for setting up solar plants. The new law permits lease of agricultural land for agricultural purposes for up to 15 years and for a solar project for up to 30 years. The change in rules will be highly beneficial for Bundelkhand where acres of land has been lying fallow as leasing was not permitted, said an official. “It is not as if people were not leasing their land, but we have now formalised the system for financing and investment, and given a huge boost to solar projects, ” the official said on the eve of second ground breaking where 292 projects worth about Rs 65, 000 crore will be launched. The UP Revenue Code (Amendment) Bill, 2019, which has replaced an ordinance, was cleared by both Houses on Friday. The Bill could not be tabled in last Assembly session for some reason and had lapsed, forcing the government to bring an ordinance on March 10, 2019, an official said. The bill also eases the process of converting agricultural land to non-agricultural vide an amendment to section 80 which deals with land use conversion and has introduced a regularisation penalty in case someone purchases more than 12.5 acre agricultural land without prior permission from government. Till now, banks did not finance projects if the land use wasn’t changed while the revenue department refused to allow change of land use till work started. The amendment will allow application for land use change with minimum work carried out at the site. The other key development is introduction of a 5% regularisation penalty for purchase of more than 12.5 acre agricultural land for non-agricultural use. One cannot hold more than 12.5 acre land for agricultural purposes.
Various Advantages of Solar Energy There are many advantages that solar energy has to offer over traditional sources of energy like coal and oil. Not only it is completely renewable but is also protects the environment. Here are some of the advantages of solar energy. It’s a renewable resource Solar energy is a renewable source of energy as it can be used to produce electricity as long as the sun exists. Sunshine occurs naturally. As long as we are alive, we are always going to see the sun, which means it is infinite. This energy can be harnessed by installing solar panels that can reduce our dependence on other countries for consistent supply of coal to produce electricity. This makes it an attractive energy prospect for most countries that are looking to go completely green in the future. Although solar energy can not be produced during night and cloudy days but it can be used again and again during day time. Solar energy from sun is consistent and constant power source and can be used to harness power even in remote locations. It’s eco-friendly If you are scavenging the internet in search of ways to minimize your carbon footprints, solar energy is the surefire answer. Solar energy will not only help you dial back on your carbon footprint, but also oversize your systems to ensure you live in a carbon-free house. Some states in the U.S. even allow individuals to invest in other people’s roofs to create a lot more solar energy. Solar energy is an alternative for fossil fuels as it is non-polluting, clean, reliable and renewable source of energy. It does not pollute the air by releasing harmful gases like carbon dioxide, nitrogen oxide or sulphur oxide. So, the risk of damage to the environment is reduced. Solar energy also does not require any fuel to produce electricity and thus avoids the problem of transportation of fuel or storage of radioactive waste. Cuts back on electricity bill One of the most interesting things about solar energy is that it can help you minimize your annoying utility bills. You can accomplish this by installing solar panels in your home. Solar energy takes up energy consuming activities like heating water and heating homes. Solar energy has the potential to save you up to 20% of your energy costs, even after financing costs are factored in. And with the ever rocketing of electricity costs, you could save up to $60, 000 in the next 30 years. Can enhance the value of a home If you are looking to sell your home in the future, suffice to know that installation of solar technologies can significantly increase its value. This especially manifests in areas where buyers are more likely to buy a home installed with solar panels like high populated cities where environmental degradation is taken seriously by the authorities. According to research findings, solar panels can add up to $20, 000 to the value of a house. This figure represents the amount required to install a solar panel, which means you will be able to recoup your money when you sell the property. That represents a bright investment in your property. Requires little maintenance The cost of installing a solar panel can be high. But once it’s up and running, you will enjoy the benefits for many years, while injecting just a small amount for its maintenance. If your energy needs change and you desire to add more panels, it would be a lot easier. Initial cost that is incurred once can be recovered in the long run that range from 10 years – 15 years. Apart from this, solar panels does not create any noise or release any toxic substances. Easy Installation Solar panels are easy to install and does not require any wires, cords or power sources. Unlike wind and geothermal power stations which require them to be tied with drilling machines, solar panels does not require them and can be installed on the rooftops which means no new space is needed and each home or business user can generate their own electricity. Moreover, they can be installed in distributed fashion which means no large scale installations are needed.