Government of Karnataka has revised the existing Solar policy and come out with “the Karnataka Solar Policy 2014-2021”. The new solar policy aims to incentivize households to install rooftop solar and sell the surplus energy to the state grid.
The policy is expected to give a major boost to solar power production in the state. Solar power generation amounting to 450 MW has been targeted for the 2014-15 financial year. The policy also promotes production of solar power by land-owning farmers with a minimum capacity of 1 MW and maximum capacity of 3 MW per farmer. Cumulative capacity under this category is fixed at 300 MW.
Purchase of energy generated under this category will be facilitated through ESCOMS at the tariff fixed by the Karnataka Electricity Regulatory Commission. The new policy for 2014-2021 envisages solar power generation of 2,000 MW by 2021 in the state.
Download the OCRd (‘text’ pdf, not a ‘scanned’ pdf) copy of The Karnataka Solar Policy 2014-2021 from the link below. You may also download it from the KREDL site.