Four public-owned electricity distribution companies of Gujarat (Gujarat Discoms) have signed a power purchase agreement for 3979 small-scale solar projects with a combined power generating capacity of 2500 MW.
The Gujarat government conformed to this information on Saturday. This project is to be commissioned within 18 months and the government is expecting to pull up an investment of around 10,000 crores. This investment will be a part of the state for the development of green energy and allied sectors.
State energy minister Saurabh Patel said that the development is a major boost towards the state’s commitment to promoting renewable energy.
The government of Gujarat is working since 2019 on this new policy for the development of Small-Scale Distributed Solar Projects.
Gujarat in 2019 notified the Policy for Development of Small-Scale. The aim of this new policy is to develop a network of 0.5 MW to 4 MW solar projects across the state.
“In a major boost to the state’s commitment to promoting the renewable energy sector, all four DISCOMs of state-owned Gujarat Urja Vikas Nigam Limited (GUVNL) have signed PPAs for 2500 MW solar power under a unique scheme for small scale distributed solar projects. These projects will be commissioned in 2022,” Patel said.
“Gujarat is the only state in the country which has signed power purchase agreements for such a large capacity through such small-scale distributed solar projects,” Patel said.
This project will help to scale up the development of solar projects in areas with no fertile land. Also via this project, the Government of Gujarat is expecting to attract small investors and entrepreneurs.
According to this policy, the Gujarat Urja Vikas Nigam Limited (GUVNL), has invited individuals, companies or corporates, and associations to submit their applications if they are interested in this type of project. The tariff for this project will be Rs. 2.83 for a time period of 25 years.
State-owned DISCOMs, i.e. PGVCL, UGVCL, MGVCL, and DGVCL had received 12,404 applications against a capacity of 7,959 MW solar power from small-scale project developers within three months.
The connectivity to the transmission network was allotted to these applicants on a first-come-first-served basis.
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