India : Gujarat Extends Solar Power Policy till December 31

The state’s Solar Power Policy 2015 was due to expire since April 1, 2020. With a 9-month extension, solar power plants installed and commissioned till December end become eligible for the benefits and incentives declared under this policy. Chief Minister Vijaybhai Rupani of Gujarat has decided to extend the timeframe of Gujarat Solar Power Policy 2015 up to December 31, 2020.

The policy was due to expire since April 1, 2020. With a 9-month policy extension, solar power generation plants installed and commissioned till December shall become eligible for the benefits and incentives declared under this policy—for 25 years from the date of their commissioning or for the lifespan of the plant, whichever is earlier. Giving further information about the government decision, Gujarat Energy Minister Saurabhbhai Patel said that due to the prevalent situation of Covid-19 pandemic, the state government had announced Rs 14,000-crore Gujarat Aatmanirbhar Package, under which time frames of many policies in their original forms have been extended.

Source : https://www.pv-magazine-india.com/2020/07/13/gujarat-extends-solar-power-policy-till-december-31/?action=profile_completion
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