The state government of Gujarat on June 21, 2018, announced its wind-solar hybrid power policy - 2018 to promote setting up of wind as well as solar power projects at one location. The 'Wind-Solar Hybrid Power Policy-2018' will remain in force for five years.
Under this policy, various benefits can be achieved by developers for a period of 25 years or through the life of the project, whichever is shorter. The hybrid policy will remain in force for five years. One of the major highlights of this policy is land optimization.
Other advantages of this policy include the exemption from electricity tariffs generated by wind and solar hybrid power projects. It also provides for a 50% exemption from the electricity fee in the event that the developer sells electricity to a third party.
Note:
- Gujarat, India's westernmost state.
- Capital of Gujarat: Gandhinagar
- Chief minister of Gujarat: Vijay Rupani
- Official song of Gujarat: Jai Jai Garvi Gujarat
- Governor of Gujarat: Om Prakash Kohli
Published On : 23 Jun 2018