Delhi government clears solar policy with 1 GW target by 2020

Image
IANS New Delhi
Last Updated : Jun 06 2016 | 11:42 PM IST

The Delhi government on Monday announced implementation of its solar policy with the aim of making the national capital a solar city with installation of 1 GW solar power capacity by 2020.

This target is proposed to double it to 2 GW during further next five years (by 2025).

The decision to clear the policy, which "outlines a combination of regulations, mandates, incentives, and tax breaks for the growth of rooftop solar power in the capital" was taken by Delhi cabinet in a meeting, chaired by Chief Minister Arvind Kejriwal, said a statement.

"The policy promotes net-metering for all solar plants above 1 kW based on the net-metering regulations already issued by the Delhi Electricity Regulatory Commission. It also mandates the deployment of solar plants on all government-owned rooftops in the next five years. It requires Discoms to meet at least 75 percent of their solar renewable purchase obligation (RPO) within Delhi," it added.

Kejriwal said: "Making Delhi a solar city is one of our 70 point agenda points. This policy which is very progressive will help in providing clean and green energy.

"Rooftop solar systems offer sustainable energy, environmental benefits, low gestation period and minimum transmission and distribution losses."

Power Minister Satyendar Jain said that solar power was the most viable form of green energy in Delhi.

"It has the potential of lowering the state's expenditure on energy through peak shaving, strengthening its energy security, and reducing its reliance on unsustainable fossil fuels. It will also reduce the burden on the existing transmission & distribution system hence less expenditure will be required on their maintenance," he said.

The policy supports all models of ownership and maintenance of solar plants, including self-owned ("CAPEX") and third-party-owned models ("RESCO"), the statement said.

The Delhi government also expressed its commitment to work towards increasing Delhi's share of renewable energy to help combat climate change, reduce air pollution, and enhance energy security.

The key highlights of the policy are mandatory deployment of solar on government/public institutions, concept of virtual net-metering, group net-metering, generation based incentive for three years, building bylaws amendment for rooftop solar installations, tax breaks, benefits and subsidies, and solar system up to 200 KWp being exempt from certification by an electrical inspector.

--IANS

am-sid/vd

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 06 2016 | 11:28 PM IST

Next Story