Policy for Net-Metering based Solar Rooftop Applications, Madhya Pradesh, 20

MP finally comes up with a draft for rooftop solar albeit lacklustre, just the few provisions below are barely adequate as a plan

INCENTIVES

Installation of SRPs under the policy shall be exempted from banking, wheeling and cross- subsidy surcharges as per MPERC regulation. The settlement of energy, billing period and settlement period shall be as per the MPERC regulation. The energy generated from the solar rooftop system shall be exempted from electricity duty

TAX EXEMPTIONS:-

SRPs installed under the policy shall not be considered as a “construction activity”, and as such, there shall be no liability of property tax for installation of solar panels on their rooftops or premises.

The equipment purchased for installation of Solar Rooftop projects under this policy shall be exempted from VAT and entry tax as per the exemption granted to these systems under Madhya Pradesh Solar Policy, 2012

CENTRAL INCENTIVES:-

All Eligible Consumers can avail Central Financial Assistance from MNRE as per the applicable scheme for Solar PV systems. The nodal agency shall take necessary action for processing the request accordingly.

Click for Draft_net_metering_solar_roof_top_policy_policy_madhya-pradesh

About Ritesh Pothan

Ritesh Pothan, is an accomplished speaker and visionary in the Solar Energy space in India. Ritesh is from an Engineering Background with a Master’s Degree in Technology and had spent more than a decade as the Infrastructure Head for a public limited company with the last 9 years dedicated to Solar and Renewable Energy. He also runs the 2 largest India focused renewable energy groups on LinkedIn - Solar - India and Renewables - India
This entry was posted in Climate Change, DISCOM, Grid Connected, India, Madhya Pradesh, Renewables, Rooftop, Solar, Solar Policy, Subsidy and tagged , , , , , , , , , , . Bookmark the permalink.

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