Gujarat discoms sign pacts for 3,979 solar projects with 2,500 MW capacity - News Summed Up

Gujarat discoms sign pacts for 3,979 solar projects with 2,500 MW capacity


Gujarat's four public-owned electricity distribution companies have signed power purchase agreements (PPAs) for 3,979 small-scale distributed solar projects with aggregate capacity of 2,500 MW, the government said on Saturday. Gujarat in 2019 notified the Policy for Development of Small-Scale Distributed Solar Projects, which aims to facilitate development of solar projects with size of 0.5 MW to 4 MW in the state's distribution network. "In a major boost to the state's commitment to promote the renewable energy sector, all four DISCOMs of state-owned Gujarat Urja Vikas Nigam Limited (GUVNL) have signed PPAs for 2500 MW solar power under a unique scheme for small scale distributed solar projects. "Gujarat is the only state in the country which has signed power purchase agreements for such a large capacity through such small-scale distributed solar projects," Patel said. Through these solar projects, more than ₹10,000 crore will be invested in green energy and its allied sector, he said.


Source: Mint June 05, 2021 12:11 UTC



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