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MP Wind Policy - 2012

HIGHLIGHTS

 

Nodal Agency  Madhya Pradesh Urja Vika Nigam Ltd (MP Urja)
Applicable Technologies  
Contract Demand  Industrial consumers opting to buy power, shall be allowed reduction in contract demand permanently on pro-rata basis subject to approval of MPERC
Industry Status  projects implemented under this Policy will have the status of industry as per MP Industrial Promotion Policy
CDM   CDM benefits to the Developers shall be as per the provisions specified by MPERC
Eligibility Conditions  

Any individual/firm/society/organization/registered company etc. shall be eligible to apply for the development of the project. Applications of joint ventures shall not be valid.
Registration Fees  
Performance Guarantee  Developers to submit performance guarantee @ Rs.7.5 Lac per MW at the time of execution of PPA
Evacuation Arrangement  Shall be borne by the developer as per Madhya Pradesh State Grid Code, Madhya Pradesh Electricity Supply Code, 2004, amended from time to time

 

OTHER PROVISIONS

 

Transmission & Distribution  
  • The developer shall be free to construct his own dedicated transmission/distribution lines from the point of generation to consumption point. The developer shall also have the right of open access of existing transmission facilities of the State
  • In case the developer sell power to Third Party Consumers/ Licensee distributor/ Power Trading Company then it shall be bound for payment of wheeling and transmission charges as per MPERC regulations, amended from time to time
 Sale of Power  
  • Developer can sell generated energy to any third party consumer/willing distributor company or Power Trading Company as per MPERC regulations, amended from time to time
  • M.P. Power Trading Company shall have the first right to purchase the power generated from the project installed entirely or partly on Government land.
  • If unit consumes reactive power, charges will be applicable as per rates determined by MPERC
  • Developer may sell the power generated in accordance with the R.E.C. mechanism
Incentives by State Govt.  
  • 50% stamp duty exemption on purchase of private land
  • All solar projects will be exempted from electricity duty and cess for a period of 10 years from date of commissioning
  • GoMP will provide a grant of 4%, for wheeling charges applicable as specified by MPERC, in terms of energy injected
  • Banking of 100% is allowed, Developer shall have to pay the 2.0 % of the banked energy as banking fees to the Discom
  • Third party sale, within or outside MP shall be allowed as per MPERC regulations issued from time to time
Registration Fees

 
Tax/Duty Exemptions

 
Provision for Policy Review  

 

Links

 http://www.mprenewable.nic.in/policy.html

 

References

http://www.mprenewable.nic.in/wind2012.pdf

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