|
2. Setting
up of over 300 MW of Grid-Connected Solar PV Power Projects by Defence
establishments and Para Military Forces with viability gap funding
:
Under
this Scheme over 300 MW of Grid-Connected and Off-Grid Solar PV Power Projects
will be set up by Defence Establishments under Ministry of Defence and Para
Military Force under Ministry of Home Affairs (MHA) with Viability Gap Fund
(VGF) under the Jawaharlal Nehru National Solar Mission (JNNSM) in five years
that is from 2014 to 2019. Under the Scheme there is a stipulation of mandatory
condition that all PV cells and modules used in the solar plants set up under
this Scheme will be made in India. To implement this Scheme a provision of an
amount of Rs 750 crore for MNRE from the National Clean Energy Fund has been
earmarked.
3. Implementation
of Scheme for setting up 1000 MW of Grid Connected Solar PV Power projects by
CPSUs and GoI organisations with Viability Gap Funding :
The
Government has also approved the Scheme for setting up of 1000 MW of
Grid-Connected Solar PV Power Projects with VGF (Viability Gap Fund) support of
Rs.1000 crore, by CPSUs under various Central/State Schemes, in three years
period from 2015-16 to 2017-18. The Scheme will have a mandatory condition that
all PV cells and modules used in solar plants set up under this Scheme, will be
made in India. The CPSUs and
Government of India organisations like NTPC, NHPC, CIL, IREDA, Indian Railways,
etc. are coming forward to set up solar power projects.
4. Classification
of Renewable Projects from Red to Green Category:
On the request
of MNRE, Ministry of Environment and Forests has decided that classification of
Solar, Wind and Small Hydro Projects be out of Red Category to Green Category
under Central and State Pollution Control Boards. CPCB has issued an amendment
in the categories of industries, according to which the Wind and Solar power
projects of all capacities and Small Hydro projects of <25 MW capacity have
been put in Green category, i.e. the project developers to obtain clearance from
SPCB to “establish and operate” only once in the beginning.
5. Continuation of
Schemes for 12th Plan Period:
The Government
approved the following schemes for their continuation during the 12th Plan
period: (i) National Biogas and Manure Management Programme (NBMMP), (ii) Scheme
to Support Promotion of Grid-Interactive Biomass Power and Bagasse Co-generation
in Sugar Mills, (iii) Programme for the Development of Small Hydro Power, and
(iv) Off-grid and Decentralized Solar Applications under JNNSM.
6. Enhancement in
MNRE’s Budget by 65.8% in Regular Budget, 2014-15:
The Budget
Estimate of the Ministry is increased by 65.8% to Rs.2519 crore in the Regular
Budget passed by the Parliament in July from Rs.1,519 crore provided in the
Interim Budget. Clean Energy Cess on coal has been increased from Rs 50 per
tonne to Rs 100 per tonne so that adequate funds are available for financing
Renewable Energy projects.
7. Restoration of
Accelerated Depreciation (AD) Benefits to Wind Power Projects :
After
significant harm was done to the wind sector due to withdrawal of AD with effect
from 1.4.2012, it has been restored on 18.7.2014. This decision of the
Government will help in creating a robust manufacturing base of wind turbines in
the country.
8. Scheme for
Development of Grid Connected Solar PV Power Plants on Canal Banks and Canal
Tops :
MNRE launched a
Scheme for Development of Grid Connected Solar PV Power Plants on Canal Banks
and Canal Tops in the country during the 12th Plan period at an estimated cost
of Rs. 975 crore and with Central Financial Assistance (CFA) of Rs. 228
crore. The objective of
this scheme is to achieve gainful utilization of the unutilized area on top of
Canals and also the vacant Government land along the banks of Canals wherever
available, for setting up Solar PV power generation plants for feeding the
generated power to Grid and to set up a total capacity of 100 MW solar PV power
projects.
9. 9. Financing
Roof top Solar PV:
The Department
of Financial Services under the Union Finance Ministry has advised all banks to
encourage home loan/home improvement loan seekers to install roof top solar PVs
and include the cost of equipment in their home loan proposals just like non
solar lighting, wiring and other such fittings. Apart from this , the RBI have
issued instructions to all Scheduled Commercial Banks that the loans sanctioned
by banks directly to individuals for setting up off-grid solar and other
off-grid renewable energy solutions for households will be covered under
Priority Sector lending.
10. Scaling up of a
programme of Solar Pumps:
The existing
programme of Solar Pumps has been scaled up to solarize one lakh solar pumps and
supplementary guidelines to this effect have been issued. The target of one lakh
pumps has been allocated amongst, 20,000 are allocated to Ministry of Drinking
Water Supply and Sanitation (20000 pumps for drinking water), MNRE (solarizing
50,000 pumps for irrigation purpose through States) and to NABARD (30000 pumps)
for innovative implementation
11. Improved
Cook-stoves:
Unnat Chulha
Abhiyan9uca) Programme with the
objectives to develop and deploy improved cook-stoves for providing cleaner
cooking energy solutions in rural , semi –urban and urban areas using biomass as
fuel for cooking launched. This will save rural women from the carcinogenic
fumes emitted when traditional fuels are burned.
12. Obtaining/Extending
Line of Credits for IREDA:
· The Agence
Francaise de Development (AFD) of France has decided to extend a Line of Credit
(LoC) of Euro 100 million to Indian Renewable Energy Development Agency Ltd.
(IREDA), for the tenure of 15 years without any guarantee from Government of
India, for financing the Renewable Energy and Energy Efficiency projects in the
country. An agreement to this effect was signed between AFD and IREDA on 22 May,
2014.
· Indian Renewable
Energy Development Agency (IREDA) Ltd and Japan International Co-operation
Agency (JICA) signed an Agreement for availing another Line of Credit (LoC) of
JPY 30 billion for 30 years (including the grace period of 10 years) from JICA
according to which IREDA shall utilize the funds for financing Renewable Energy
projects in India.
· A Memorandum of Understanding (MOU) has been signed by IREDA and US Exim
Bank with respect to cooperation on clean energy investment. As per MoU, US Exim
Bank shall provide US $ 1 Billion medium and long-term guaranteed and/or direct
dollar loans to finance U.S. technologies, products and services utilized during
commercial development activities within the clean energy sector by
IREDA.
13. Setting up a JVC
for undertaking the First Demonstration Offshore Wind Power Project in the
country along the Gujarat Coast:
An MOU was
signed on 1st October, 2014 for setting up a Joint Venture Company (JVC) to
undertake first Demonstration Offshore Wind Power Project in the country along
the Gujarat coast. The signatories of the MoU were Ministry of New and Renewable
Energy (MNRE), National Institute of Wind Energy (NIWE), and Consortium of
partners consisting of National Thermal Power Corporation (NTPC), Power Grid
Corporation of India Ltd (PGCIL), Indian Renewable Energy Development Agency
(IREDA), Power Finance Corporation (PFC), Power Trading Corporation (PTC), and
Gujarat Power Corporation Ltd (GPCL). The JVC will undertake detailed
feasibility study and necessary steps as deemed necessary for implementation of
the first offshore demonstration wind power project.
14. Formation of an
Association of Renewable Energy Agencies of States (AREAS):
To promote the
interaction amongst the State Nodal Agencies (SNAs) implementing the renewable
energy programmes to enable them to learn from each other's experiences and
share their best practices, MNRE took an initiative in consultation with SNAs
and formed an Association of Renewable Energy Agencies of States (abbreviated as
"AREAS), registered as a society on 27 August 2014, under Society Registration
Act 1860.
|
IN A
NUTSHELL:
MAJOR
INITIATIVES TO BOOST CLEAN ENERGY IN THE COUNTRY
|
|
ü Scheme
for setting up 25 solar parks each with a capacity of 500 MW and above and Ultra
Mega Solar Power Projects; to be set up during five years that is from 2014-15
to 2018-19 and will require Central Government financial support of Rs.4050
crore.
ü Setting
up over 300 MW of Grid-Connected and Off-Grid Solar PV Power Projects by Defence
Establishments and Para Military Forces with Viability Gap Fund (VGF) under
JNNSM; Provision of an amount of Rs.750 crore from the National Clean Energy
Fund (NCEF) for the purpose.
ü Scheme
for setting up 1000 MW of Grid Connected Solar PV Power projects by CPSUs and
GoI organisations under various Central / State Schemes / self-use / 3rd
party sale / merchant sale with Viability Gap Funding under batch – V of
Phase-II of JNNSM.
ü Scheme for
Development of Grid Connected Solar PV Power Plants on Canal Banks and Canal
Tops ; to be implemented during the 12th Plan period at an estimated cost of Rs.
975 crore and with Central Financial Assistance (CFA) of Rs. 228
crore.
ü Enhancement in
MNRE’s Budget by 65.8% in Regular Budget, 2014-15.
ü Restoration of
Accelerated Depreciation (AD) Benefits to Wind Power Projects .
ü Clean Energy
Cess on coal increased from Rs 50 per tonne to Rs 100 per tonne so that
adequate funds are available for financing Renewable Energy projects.
ü Banks advised to
encourage home loan/home improvement loan seekers to install roof top solar
PVs
ü Classification
of Solar, Wind and Small Hydro Projects be out of Red Category to Green
Category.
ü Existing
programme of Solar Pumps scaled up to solarize one lakh solar pumps.
ü Setting up a JVC
for undertaking the First Demonstration Offshore Wind Power Project in the
country.
ü Agence Francaise
de Development (AFD) of France extended a Line of Credit (LoC) of Euro 100
million to Indian Renewable Energy Development Agency Ltd. (IREDA).
ü IREDA and Japan
International Co-operation Agency (JICA) signed an Agreement for availing
another Line of Credit (LoC) of JPY 30 billion for 30 years .
ü An MOU was
signed for setting up a Joint Venture Company (JVC) to undertake first
Demonstration Offshore Wind Power Project in the country along the Gujarat
coast.
|
| 
Comments
Post a Comment