Uttarakhand Extends Solar tariff for MSSY projects
POWER & RENEWABLE ENERGY

Uttarakhand Extends Solar tariff for MSSY projects

Uttarakhand continues generic solar tariff for Mukhyamantri Saur Swarojgar Yojna (MSSY) projects The Uttarakhand Electricity Regulatory Commission (UERC) has decided to extend the current generic tariff of Rs 4.64 (~$0.55)/kWh for solar projects under the Mukhyamantri Saur Swarojgar Yojna (MSSY) for the fiscal year 2023-24. This tariff will remain in effect for three years, concluding on March 31, 2026. The MSSY program was initiated with the aim of allocating 10,000 small solar power projects, each with capacities of 20/25 kW. As of March 2023, a total of 150 such projects, cumulatively amounting to around 3.5 MW, have been successfully commissioned. The primary objective of the MSSY initiative is to foster self-employment through solar farming, thereby addressing the resource constraints faced by local residents and farmers. This program empowers small-scale farmers to set up solar power installations on unused or barren lands, subsequently allowing them to sell the generated electricity to the Uttarakhand Power Corporation (UPCL).

Uttarakhand continues generic solar tariff for Mukhyamantri Saur Swarojgar Yojna (MSSY) projects The Uttarakhand Electricity Regulatory Commission (UERC) has decided to extend the current generic tariff of Rs 4.64 (~$0.55)/kWh for solar projects under the Mukhyamantri Saur Swarojgar Yojna (MSSY) for the fiscal year 2023-24. This tariff will remain in effect for three years, concluding on March 31, 2026. The MSSY program was initiated with the aim of allocating 10,000 small solar power projects, each with capacities of 20/25 kW. As of March 2023, a total of 150 such projects, cumulatively amounting to around 3.5 MW, have been successfully commissioned. The primary objective of the MSSY initiative is to foster self-employment through solar farming, thereby addressing the resource constraints faced by local residents and farmers. This program empowers small-scale farmers to set up solar power installations on unused or barren lands, subsequently allowing them to sell the generated electricity to the Uttarakhand Power Corporation (UPCL).

Next Story
Infrastructure Energy

Centre suggests states to list power firms

Power Minister Manohar Lal urged states and union territories to consider listing their power generation, transmission, and distribution companies on stock exchanges to attract investment and improve operational efficiency. Addressing the media, after a conference of power ministers, Lal highlighted the need for increased capital inflows to meet India’s rising power demand, which has placed added strain on the sector. “With the growing power demand, there is a growing need for investment in the sector and improving operational efficiencies. States may identify and take up utilities for lis..

Next Story
Infrastructure Transport

Metro on backburner as Tricity set to get new e-buses circuit

To boost connectivity for the commuters of the Tricity, a new circuit-cum-network of electric buses (e-buses) is all set to come up that will cover Chandigarh, Panchkula, and Mohali. The move comes days after Union Minister for Housing and Urban Affairs Manohar Lal Khattar said that in Chandigarh the ridership is not according to the criteria set for operating a Metro. He had also said that the option of a pod taxi can also be explored as it will not impact the heritage of the Union Territory (UT).Officials stated that the e-buses decision intends to provide an eco-friendly public transportati..

Next Story
Infrastructure Energy

Rajasthan government plans to develop hi-tech city near Jaipur

On the lines of Gujarat International Finance Tech (GIFT) City and Hyderabad Information Technology and Engineering Consultancy (HITEC) City, Raj govt is gearing up to develop a "hi-tech city" close to Jaipur. Recently, Boston Consulting Group – a multinational consulting firm – gave a presentation on the concept of hi-tech cities, follwing which the state govt has started looking for suitable land on outskirts of Jaipur. "We are going to construct a hi-tech city on the outskirts of Jaipur. We are trying to ascertain the amount of land required for core areas of the city and for areas wh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000