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SL. STATE IMPLEMENTING PROJECT DETAILS CENTRAL FINANCIAL ASSISTANCE
No. AGENCY RELEASED
PROJECT CAPACITY FY FY FY
TYPE (MW) 201617 201718 201819

1 Andhra NREDCAP CT 1 0.32 00 1.27
Pradesh its nod to a proposal for set-
ting up 12,000 MW grid-con-
2 NREDCAP
(APGENCO CB 5 1.50 0.00 4.50 nected solar photovoltaic
PROJECT (PV) power projects with an
estimated viability gap fund-
3 Gujarat SSNNL CT & CB 10 & 15 10.32 0.00 31.22 ing of 8,580 crore.
The decision was taken
4 Karnataka KBJNL CT 10 3.39 0.00 14.68 by the Cabinet Committee
on Economic Affairs (CCEA)
5 KERALA KSEB CT&CB 2 &1 1.21 0.00 4.00 chaired by Prime Minister
Narendra Modi, according to
6 Punjab PEDA CT 20 3.00 0.00 6.15 Law Minister Ravi Shankar
Prasad. The proposal seeks
7 Uttar Irrigation to implement “the Central
Pradesh Deptt. (UP) CT 3.5 & 2.5 0.00 0.00 3.26
Public Sector Undertaking
(CPSU) Scheme Phase-ll for
8 Uttarakhand UJVNL CT &CB 1 &19 6.30 0.00 17.70
setting up 12,000 MW grid-
9 West Bengal WBSEDCL CB 10 4.80 0.00 7.21 connected Solar PV Power
Projects, by the Government
Total ct &cb 50 + 50 30.83 0.00 90,00 Producers with Viability
Gap Funding (VGF) support
of 8,580 crore for self-use
The surplus power generated can be awarded through open tender based on or use by Government or Government
sold to distribution companies by the total price or cost of setting up and com- entities, both Central and State Govern-
developer or the defence establishment missioning of the project. The VGF will ments”, an official statement said.
may buy the entire power and sell the be released in four installments based With the implementation of the
surplus to distribution companies at its on actual progress of work. The last in- scheme, 12,000 MW or more of grid-con-
end. The VGF will be provided to devel- stallment of 25 per cent of VGF will be nected solar PV power projects would be
opers based on their bid. The developers released only after successful commis- set up by government producers in four
will be selected on the basis of bids for sioning of the project. years (2019-20 to 2022-23), thereby creat-
minimum VGF requirement with com- Keeping in view technological upgra- ing investment of about 48,000 crore, it
mitment to supply solar power at the pre- dation and economies of scale, the VGF said.
determined tariff. has been set at a fixed rate of 30 per cent The Scheme will mandate use of both
Taking into consideration technologi- of the price of the project excluding price solar photovoltaic (SPV) cells and mod-
cal upgradation and economies of scale, of land and operation and maintenance ules manufactured domestically as per
the MNRE has categorized the upper lim- charges, or 2.5 crore per MW, whichever specifications and testing requirements
its of VGF in three groups. The limits are is lower, for capacity up to 5 MW, 2 crore fixed by MNRE (Ministry of New & Re-
2.5 crore per MW for project capacity up per MW for capacity greater than 5 MW newable Energy).
to 5 MW in category I, 2 crore per MW and up to 25 MW, and 1.5 crore per MW In addition, more than 1.2 lakh em-
for project capacity greater than 5 MW for capacity greater than 25 MW. ployment opportunities will be created
and up to 25 MW in category II, and 1.5 Where the accelerated depreciation for the local population by way of in-
crore per MW for project capacity greater benefit is availed, the VGF will be limited volvement in setting up of solar power
than 25 MW in category III. to 1.5 crore per MW for capacity up to 5 projects and also in manufacturing of do-
The category in which a particular MW, 1 crore per MW for capacity greater mestically produced cells and modules.
project falls will be determined based on than 5 MW and up to 25 MW, and 0.50 The approved scheme is for carrying
its alternating current capacity and on crore per MW for capacity greater than out 24,41,500 meter of drilling and 3,575
the basis of contiguity of the geographi- 25 MW. There is no need to fix tariff and line km (LKM) of surface geophysical sur-
cal location. The developer needs to put sign PPA in case of the projects developed vey for Promotional (Regional) Explora-
his own equity of minimum 1.5 crore in the EPC mode. tion & Detailed drilling in Non CIL Block
per MW. The VGF will be released in six The solar power projects developed in Coal and Lignite along with CBM/Shale
tranches. under the MNRE scheme have to use so- gas studies and associated studies to esti-
In the EPC mode, the defence estab- lar cells and modules made in India. Off- mate and prove coal resources during 3
lishment will own the project and get it grid solar applications are also covered years period.
developed through an EPC contractor. under the scheme.
The VGF is admissible if the contract gets Meanwhile, the government has given LETTERS@TEHELKA.COM

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