Govt rolls out incentives for renewable energy


The state government has come out with its promised New and Renewable Energy Policy under which sops have been declared for developing various types of renewable energy. It has set a target of generating 14,400 MW through renewable sources. Many sops are common for the sources while some are sector-specific.

The government has decided to promote six sources of renewable energy. They are: wind (5,000 MW), cogeneration using farm waste (1,000 MW), small hydel (400 MW), farm waste gasification (300 MW), inorganic industrial waste (200 MW) and solar (7,500 MW).

As per the policy, Maharashtra Electricity Regulatory Commission (MERC) will declare separate open access (OA) regulations and cross subsidy surcharge (CSS) for renewable energy. If MSEDCL does not grant OA within time stipulated by MERC, the promoter will get deemed OA..............Read more

 

Source web page: Times of India


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