Under the Jawaharlal Nehru Mational Solar Mission, NTPC Vidyut Vyapar Nigam (NVVN), which is the power trading arm of the NTPC has been designated as the nodal agency to purchase solar power generated by independent solar power producers, at rates fixed by the Central Electricity Regulatory Commission(CERC) and for a period of 25 years. For 2010 -11 the CERC has fixed the rate of Rs. 17.91 per Unit for PV and Rs 15.31 per unit for solar thermal power projects. The rates will be applicable for Solar PV projects commissioned by March 2012 and Solar Thermal projects commissioned by March 2013. Government will provide equivalent MW of power from the unallocated quota of NTPC for bundling with solar power. NVVN will select projects to set up about 1000MW capacity of solar power plants based on solar thermal and photovoltaic technologies. The utilities will be able to account for purchase of solar power against their RPO obligations.
Government has also announced guidelines to encourage domestic manufacture. Dr Abdullah has invited global solar companies to invest in India.
NVVN also signed MoU with 16 Project developers to set up to 84 MW capacity solar power projects. Under Migration 54 MW capacity will be through solar PV and balance 30 MW through solar thermal technology .These projects are expected to be commissioned by middle of next year.
Earlier this year, on 16th of June , 2010, Ministry of New and Renewable Energy had announced the guidelines for providing support for off gid solar applications and also small grid connected solar power plants of 100kW to 2 MW capacities.The Ministry has now released the guidelines concerning all the three major deployment programmes under the Jawaharlal Nehru National Solar Mission to fully operationalise the deployment related activities.
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