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PUNJAB

Solar Policy For PUNJAB

(Industrial)

APPLICABLE POLICIES

1. NET METERING

Capacity

    Size:

  • Min 1 kWp
  • Max 1 MWp
    Voltage level:

  • 230V (Single phase) : 7 kWp max.
  • 415V (Three phase): 100 kWp max.
  • >=11kV : 1 MWp max
    Conditions:

  • <=80% of your Sanctioned Load
  • Cumulative capacity of all solar systems installed in your area shall not exceed 30% of Local Distribution transformer capacity in your area.

Ownership options

  • Self ownership (CAPEXmodel)
  • Third party ownership (RESCO model)

Billing Mechanism

  • Annual (Oct to Sep)
  • The settlement of net energy including any banked energy shall be done at the end of each settlement period based on 90% of the consumption. At the beginning of each settlement period, cumulative carried over injected energy shall be reset to zero.

Others

  • Exemption from wheeling charges and cross subsidy surcharge
  • Electricity generated by the rooftop solar system shall not be more than 90% of the electricity consumption at the end of the settlement period.
  • Exemption from open excess charges
  • The applicant shall pay application fee of Rs. 50/KVA alongwith the application to PSPCL. No parallel operation charges shall be leviable on these projects

2. FINANCIAL ASSISTANCE

  • 40% Accelerated Depreciation
  • Custom Duty concessions and Excise Duty Exemptions on solar equipment
  • 10 year Tax holiday on solar projects
  • Loans available for up to Rs.15 Crore for renewable energy projects under Priority sector lending

Punjab Solar Policy and it’s Solar Highlights

Punjab is located in the northern part of India and neighbours states like J&K, Himachal Pradesh and Haryana. The state capital is Chandigarh, which is a UT in itself. With 592.35MW of commissioned solar energy, Punjab is one of the most active states when it comes to pushing solar. It is a result of this that the Financial year 2016/2017 saw 187.29 additional solar power being commissioned. The state has a solar potential estimated at 2810MW. Punjab has been a home to some record-breaking solar power plants with the World’s Largest Single Rooftop solar plant located in Beas Dera. The plant was inaugurated in the year 2016 and has the capacity to produce 11.5MW. The project will help abate 4 lakh tonnes of Carbon Dioxide in the next 25 years. The centre has set Punjab a target of 40,000MW of power from renewable sources to be produced by the year 2022, of which solar will play a significant contribution. Another feather in the cap of Punjab is the solar power plant located in the Mansa district with the capacity of 31.5MW, making it the largest single location solar power plant. This plant is spread over an area of 173 acres and is 250 km from Chandigarh. In the month of November in 2016, Adani Enterprises commissioned Punjab’s largest solar plant of 100MW.

Solar State Policy of Neighbouring States

Arete Powertech
Private Limited

Arete Powertech is pioneer company in Electrical Safety and energy efficient solutions. The company introduced it’s first Earthing Safety Solutions in 2008

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