|Policy status:||In Force|
|Policy Type:||Policy Support>Strategic planning, Economic Instruments>Fiscal/financial incentives>Grants and subsidies, Economic Instruments>Fiscal/financial incentives>Taxes, Economic Instruments>Direct investment>Infrastructure investments|
|Policy Target:||Solar>Solar photovoltaic|
|Size of Plant Targeted:||Small and Large|
|Agency:||Uttar Pradesh New and Renewable Energy Development Agency|
|Funding:||Uttar Pradesh State Government|
To meet the demand of increasing energy supply, the state government, on January 23, 2013, approved a solar energy policy. The policy will allow solar power projects to be set up to increase private investment of the state and make the non-agricultural barren land available in Bundelkhand. The policy will be effective until March 2017 and 500 MW of solar projects are intended to be installed.
The installed solar projects shall be provided with special promotion by the state for example one two power projects with installed capacity of 200 MW and two the electricity rate for 12-year PPA to be executed for the amount to be paid to concerned Discom by the state government as GBI.
Last modified: Mon, 05 Dec 2016 11:04:25 CET