Generation Based Incentive Scheme For Wind And Solar Energy

Deadened the exercise for wind power, a GBI @ Rs. 0.50 per unit of electricity fed voguish the exasperate is provided for a get older not under than 4 soul and a crown get older of 10 soul with a cap of Rs. 62 lakhs per MW. The exercise is in opposite number with accelerated lineage but on a unruffled stuck-up way of behaving. The tote up outlay in a court necessity not go on one fourth of the crown regulation of the stimulus i.e. Rs. 15.50 lakhs per MW voguish the outdo four soul. The Collaborate includes detained wind power projects, but excludes third collection organization, (viz. broker power plants).

Deadened the Collaborate for Excessive Energy, GBI is provided to embrace small exasperate solar power projects fundamental to the broadcasting exasperate (beneath 33 KV) to the state utilities. Indian Renewable Energy Further details Job (IREDA) has guaranteed 78 projects with a tote up weight of about 98 MW for which the Ministry essence have the funds for GBI of Rs. 12.41 per kWh to the State utilities on one occasion they directly win solar power from the project developers. The quantum of GBI to the utilities is standoffish fixed, as a adjust of the CERC esteem for 2010-11 (Rs. 17.91 per kWh) and a quote esteem of Rs. 5.5 per kWh. These projects are payable to be commissioned voguish 2011-12. At this time, the exercise is not inaugurate to tackle new project proposals.