MNRE releases draft guidelines and model PPA for implementation of Off-Grid Solar Power Plants in RESCO model

May 20, 2020 | by Avantis RegTech Legal Research Team


Industry Specific Compliance

The Ministry of New and Renewable Energy (MNRE) on May 18, 2020 releases draft guidelines and model PPA for Implementation of Off-Grid Solar Power Plants in RESCO model under MNRE programme. As per the Guidelines for Off-grid and Decentralized Solar PV Applications Programme Phase III, the plants are mainly aimed at providing electricity to schools, hostels, panchayats, police stations and other public service institutions. In order to effectively utilise the costly assets of solar PV system it is has been decided that such system should be operated through RESCO mode. These guidelines provide implementation framework for operation of off-grid solar PV systems through RESCO mode. The plants would be eligible for CFA at 90% of the benchmark cost.

MNRE invites comments and suggestions from all the stakeholders on the draft guidelines by May 25, 2020.

[Office Memorandum No. 32/6/2020-SPV Division]

 


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