Welspun Solar Punjab, Azure Urja , Madhav Solar , International Switchgears, Omega Solar Energy and Punj Llyod are among the well known companies that have joined hands with the Punjab Energy Development Agency (PEDA), the state government’s nodal agency for promotion of renewable energy, to realize Punjab’s dream of becoming a solar power state.
By March 2015, Punjab would have commissioned projects worth 200 MW entailing an investment of Rs 2000 crore. Other companies include Essel Renewable energy Limited, Essel Clean Energy Limited,, PL Surya Urja Limited, Abundant Energy Private Limited, Atma Powers Private Limited, IK Powers Private Limited, Nexgen Solar Private Limited, TR Energy and Agro Private Limited, Mosarbaer, Alliance Eco Power, Earth Solar Private Limited, Focal Energy Solar India, Nokia Green Energy, Northstar Solar Private Limited and Supreme Infrastructure India Limited.
Non Conventional Energy Minister, Punjab, Bikram Singh Majithia has his strategy, of mopping up another Rs 2000 crore in the second phase by the end of financial year 2015-16, in place. The second phase offers of 387 MW, to be commissioned by March 2016.
The much needed boost for solar generation came after the government notified the Net Metering Policy for installation of grid interactive rooftop solar power projects in homes, institutions, commercial/private/governmental buildings, warehouses and industries in the state. The Solar Power Progamme of 4020 MW by 2020 coupled with ground based with 25 years Power Purchase Agreement (PPA) with state utility proved a trigger for making Punjab a solar state.
Lov Chhabra, Director Corporate Affairs, Punj Lloyd, Vijay Singh, General Manager, Rooftops and Micro Grid, Azure Power and Rajeev Kumar, Vice-President, Business Development Welspun during a select media interaction organized by Media Advisor, Jangveer Singh said that “Punjab is the best state to work in view of its pro-active approach. Weekly monitoring is done by Secretary, New & Renewable Energy while the Minister holds meetings with developers every alternate month.” Being a land locked state, the developers rather than going for the land acquisition to set up plants are taking land on lease to save on costs. This is helping farmers to supplement their incomes as lease money is assured for 30 years with a five per cent increase periodically.
It is learnt that the Punjab government had undertaken a comprehensive exercise to identify all the available Panchayat and non-cultivable lands for setting up solar power plants. In addition a detailed project report for setting up of 100 Mw solar power plants on all major canals flowing through the state has also been submitted to the Union government. The state government was also exploring the possibility of setting up solar power clusters to energize agricultural pumps. The Punjab Energy Development Agency had prepared a proposal for exploring the mechanism by which power for agricultural use can be provided from solar photovoltaic pumps or power plants.