Revised Draft Guidelines For 2000 MW Grid Connected Power plant

Ministry of New and renewable energy has posted 2nd Version of Draft Guidelines for Implementation of 2000 MW of Grid Connected Solar power plant .

These Project are planned under  " State Specific VGF scheme" .

Important points are :

1. These project would be state specific , so developer would not have freedom to put project at any location as done in previous scheme .
2. VGF has upper limit of INR 1 crore for Open category and INR 1.31 for DCR .... this is a marked reduction as compared to last VGF of INR 2.5 Crore .
3. Introduction of Escalation : INR 0.05 / Kwh per year escalation is introduced till tariff reaches INR 6.43 / Kwh . This clause would help in balancing out for Reduced VGF and immediate need of Fund for SECI .

Guidelines are open for comment till March 16 , 2015  .

Checkout the Detailed Document at below mentioned Link :
http://mnre.gov.in/file-manager/UserFiles/Draft-Guidelines-of-2000%20MW-VGF-Scheme.pdf