RENEWABLE ENERGY

Ultra mega renewable projects: Centre asks states to expedite land

The Centre has asked the state governments to speed up the process of tying up with central public sector undertakings (CPSUs) and identifying land parcels to set up ultra mega renewable energy power parks (UMREPPs).

To this end, Gujarat will form separate special purpose vehicles (SPVs) with Solar Energy Corporation of India (SECI) and NTPC for two 5,000-mega watt (MW) UMREPPs and Rajasthan will form SPVs with Power Finance Corporation (PFC) for 3,000 MW, SECI for 5,000 MW and NTPC for 10,000 MW.

According to sources, the states have also been asked to start planning for large scale transmission infrastructure required to evacuate power from these renewable energy parks. In some zones, land acquisition will have to be exercised after consultation with the defence ministry as some areas fall in the territory along the international border with Pakistan. While Gujarat is said to have zeroed in on land in Kutch district, the Rajasthan plants are likely to be installed in Bikaner, Jaisalmer and Barmer.

Among other states that are setting up UMREPPs, Maharashtra and Madhya Pradesh will form SPVs with NTPC, Tamil Nadu with NLC and PFC and Jharkhand with SECI. Andhra Pradesh will set up a 10,000-MW UMREPP on its own. An official from the ministry of new and renewable energy told FE on condition of anonymity that Kerala will set up large floating solar parks and has been asked to tie up with NHPC at the earliest.

“Floating solar power projects in Uttarakhand may be included under UMREPP mode for making it eligible for central financial assistance (CFA),” a government document on the subject, reviewed by FE, stated.

Source
financial express
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