Goa unveils solar power policy

The Goa Cabinet on Wednesday approved the much-awaited Solar Power Policy, under which the State expects to generate 150 MW of solar power by 2021, Chief Minister Manohar Parrikar said in Panaji .

Image for representational purpose only

Parrikar, who chaired the Cabinet meeting, also said the policy would come into force by the end of current financial year. According to PTI, The Goa Cabinet on Wednesday approved the much-awaited Solar Power Policy, under which the State expects to generate 150 MW of solar power by 2021, Chief Minister Manohar Parrikar said.

“It will take two-three months to have proper documentation for the policy and by the end of this financial year, it will become functional,” he said. The Chief Minister said the policy is divided into three categories, which includes even a unit producing up to 100 KV power.

Residential societies, which can generate less than 100 KV power would be compensated by the government under this policy as per the Joint Electricity Regulatory Commission rates depending on the gross metering, he said. The units producing more than 100 KV power will be compensated on net metering as the unit operator would be participating in the reverse gridding of the power, he said. The policy also encourages power generation by individuals, who either have their own land where they can set up the unit or can procure NOC from the land owners for it, Parrikar said.

“The land owner would be spared from the process of conversion of his land or permission from local panchayat or civic body, if he is installing solar power generation plant under the policy,” he said. “In such circumstances, the power producer will have to show the documents of the land and bank guarantee of six months. But the unit operator would be penalised in case of non-supply of power to the government or delay in it,” he said. “Lot of people were anticipating the Solar Power Policy. We had extensive discussions before finalising it.”

- Advertisement -

“It will take two-three months to have proper documentation for the policy and by the end of this financial year, it will become functional,” he said. The Chief Minister said the policy is divided into three categories, which includes even a unit producing up to 100 KV power. Residential societies, which can generate less than 100 KV power would be compensated by the government under this policy as per the Joint Electricity Regulatory Commission rates depending on the gross metering, he said.

The units producing more than 100 KV power will be compensated on net metering as the unit operator would be participating in the reverse gridding of the power, he said. The policy also encourages power generation by individuals, who either have their own land where they can set up the unit or can procure NOC from the land owners for it, Parrikar said. “The land owner would be spared from the process of conversion of his land or permission from local panchayat or civic body, if he is installing solar power generation plant under the policy,” he said. “In such circumstances, the power producer will have to show the documents of the land and bank guarantee of six months. But the unit operator would be penalised in case of non-supply of power to the government or delay in it,” he said.

- Advertisement -
Loading form…

Industry's Buzz

Aheesa Partners With Zigma to Take Indigenous VIHAAN-I Networking Chip to Market

0
VIHAAN-I is designed to support locally manufactured broadband devices and reduce dependence on imported networking silicon Chennai-based fabless semiconductor company Aheesa Digital Innovations (Aheesa) has...
Garuda

Bengaluru Based Airbound Raises $37 Million in Series A Funding to Expand Its Drone...

0
The company targets commercial scale across India, aiming to make aerial logistics cheaper than road transport while laying the foundation for modern aviation.  Indian aerospace...
Solar Panels (Representational Image)

Avaada Electro Files UDRHP for ₹7,600 Crore IPO 

0
The proposed IPO includes a ₹1,600 crore fresh issue, with around ₹1,200 crore earmarked for debt repayment and letter-of-credit obligations.  Avaada Electro has moved closer...

Homegrown IndieSemiC Launches Wi-Fi Module for IP Cameras and CCTV

0
Indian fabless startup offers local manufacturers a seamless, USB-based plug-and-play solution for wireless surveillance integration.  Fabless chip design startup IndieSemiC has launched the “ISC-8188-B”, a...

LOGIC Announces Dedicated Academy to Train Educators

0
LOGIC Academy has so far trained more than 60,000 teachers across 5,000 educational institutions LOGIC has recently announced the launch of LOGIC Academy. This platform...

Learn From Leaders

(L-R) Nikesh Gondchawar, Strategic & Technical Advisor – Robotics Manufacturing; Shrikrushna Kakade, Founder Partner; Nikhil Kakade, Senior Technical Advisor – Robotics & Control Systems, SlightGen Solutions LLP

“A Made-In-India Robotic PCB Soldering System That Automates The Through-Hole Soldering Process!” – Shrikrushna...

0
Electronics manufacturing is complex, and automation often comes at a high cost. To bridge this gap and offer a more affordable solution in India,...
Navdeep Narula, Executive Director, Client and Endpoint Solutions, Ingram Micro, India

“Enterprise Computing Is Shifting From CPU to GPU And Now Toward NPU-Based Systems ”...

0
The shift from CPU to GPU to NPU-based computing is redefining today’s enterprise endpoints. In an exclusive conversation, Navdeep Narula from Ingram Micro discusses...

India’s Robotics Push Opens New Hardware Opportunities

0
How do you build India’s physical AI future when critical robot components still come from overseas? Niqo Robotics reveals where the gaps remain.  India’s push...
Gadhadar Reddy, CEO and Founder, NoPo Nanotechnologies

How A Material Thinner Than Human Hair Could Transform EV Batteries And Electronics –...

0
What if a material 200,000 times thinner than a human hair could transform EV batteries, semiconductors, and advanced electronics? NoPo Nanotechnologies is making that...
Raja Rajeev Kumar, Mentor at IIT Startups, Chairman of the Board of Trustees, LaxmiRamaVarma Holdings International, and Founder and CEO, ChromoSoul Ventures

“Build Strong Startups, and Funding Will Follow”- Raja Rajeev Kumar, IIT Startups, LaxmiRamaVarma Holdings...

0
While AI and software startups attract attention and capital, electronics ventures often struggle for both. Raja Rajeev Kumar from IIT Startups, LaxmiRamaVarma Holdings International...

Startups

(L to R) C2i Semiconductors Founders—Vikram Gakhar, Founder & Director, Mixed Signal; Preetam Tadeparthy, Founder, CTO, VP, Engineering; Ram Anant, Founder & CEO; B.S. Dattatreya, Founder & Director, Power

Bengaluru Startup Targets AI Data Centre Power Delivery

0
C2i is building power systems that can help AI servers use electricity more efficiently and reliably. Two friends, Ram Anant and Preetam Tadeparthy, were working...
Akshar Vastarpara, Founder and CEO, Vicharak

“Our SBCs Are Designed As Complete Edge-Computing Platforms That Combine Everything On A Single...

0
An Indian startup builds affordable edge AI boards for robots, drones, and industry, positioning them as Raspberry Pi alternatives. In an EFY interview with...
(L-R) Sri Kusulu Devalla, Co-Founder and Hetendra Singh Rathore, Founder, Segritech

“We don’t just sort fruit; we match every quality grade with the right buyer.”...

0
An agritech startup has developed an AI-powered machine that sorts and grades fruits directly on farms, helping reduce post-harvest losses by connecting produce with...
Dr Naveen Yanduru, CEO, Axiro Semiconductor Private Limited

“India Can Lead In IP—If It BacksIts Own Builders”

0
Axiro Semiconductor designs RF and satellite chips, ships millions worldwide, and retains its startup mindset while tackling complex technical challenges. In a conversation with...
Dr Sanjay Ahuja, Founder and CEO of Cionlabs, India

“We are solving India-specific challenges rather than offering generic ‘black box’ IoT solutions.”

0
From hybrid mesh networking to AI-enabled edge devices, an Indian IoT startup is developing home-grown solutions to improve connectivity, strengthen privacy and support the...