Financial assistance for Solar power projects to continue

The Government of India will continue to provide central financial assistance for commissioning of rooftop, stand-alone and tail-end grid connected solar photovoltaic power projects in rural and urban areas of the country. Under the recently approved Jawaharlal Nehru National Solar Mission (JNSM), a target for setting up of 1100 MW grid connected solar power plants and 200 MW of off-grid solar energy applications has been envisaged during the first phase of the Mission, till March 2013.
NTPC Vidyut Vyapar Nigam (NVVN), the trading subsidiary of NTPC, is the nodal agency for purchase of 1,000 MW capacity of grid solar power (connected to 33 KV and above grid) from the project developers at a tariff fixed by Central Electricity Regulatory Commission (CERC) for purchase of solar power. NVVN will sign a PPA with each project developer for a period of 25 years as fixed by CERC. For each MW capacity of solar power for which PPA is signed by NVVN, Ministry of Power will allocate to NVVN an equivalent MW capacity from the unallocated quota of NTPC stations. NVVN will bundle this with solar power and sell this power at a rate fixed as per CERC regulations. The utilities will be entitled to use solar power to meet their renewable power obligation (RPO).

  • Kumar Satyamurti

    you have done excellent work.
    Please give the details of the investors for solar power mega projects.Thanks

  • M.Singh

    Hi I want to build 5 MW solar power plant and need the land for the same near my village which is very power deficit …

    I have the JV partners who have invested in Thailand and Indonesia .

    Hope you can contact me should you have project which need funding as well.

    Thanks

    M.Singh ,Singapore

  • Rakesh Raman

    Well, but it’s not clear what exactly you require….? Do you need any consultancy like Project Conceptualization and its further development and execution, drafting of PPA, Financial closure etc. Please send your detailed requirements. We are into the complete consultancy services including taking up the EPC Services too.
    You may contact us on our Email ID: s3energy@yahoo.com or contact the undersigned at 00-91-9313104932.
    Regards,

    Rakesh Raman

    • BP Staff

      Rakesh

      BiharPrabha has association/ team of experts in power sector
      whether it is distribution, transmission,generation,
      regulatory matter, PPA, Solar power project , Biomass power
      projecttc.We can discuss any thing relted to power sector
      Lets know how BiharPrabha can be of any help

      BiharPrabha

  • Dear Mr. Singh,

    What’s your contact number…, We will contact you..,

    Regards,

    Rakesh Raman

    • BP Staff

      Helo Rakesh

      Let us know what is yr purpose

      BiharPrabha