Net metering benefits are now allowed across categories, including commercial and industrial consumers. Further, under net metering mechanism, consumption limit of 300 units for the residential category has been removed. This will help consumers set off their entire consumption against their system’s self-generation, benefiting them greatly.
The plant—with Maharashtra State Electricity Distribution Co. Ltd as the offtaker—is the company’s first ISTS connected solar project.
Grid-connected solar plants in capacities ranging from 250 KW to 3.5 MW are to be installed at various sub-stations of state-owned Maharashtra State Electricity Distribution Company Limited. Bidding closes on August 12.
Change of law decision by state electricity regulator opens the door for compensation, but only for schemes completed before duty was applied and commission ignored pleas to fix the rate of payments.
Avaada Power and Adani lead the way with each bidding for half the 1 GW of capacity available, after the state distribution company raised the maximum tariff and extended the bid deadline.
The 71% of capacity which was not taken up in the previous tendering exercise has been rolled over into the new one by the state’s electric distribution company.
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