Rajasthan’s solar programme indefinitely postponed

Source: The Hindu Business

The 200 MW solar programme of the state of Rajasthan has been indefinitely postponed.

On Thursday, the Rajasthan Renewable Energy Corporation put up a circular on its website, which read: “Last date of receiving of bids (RfS) for all the three RfS/PV 10/RREC/6 for Solar PV projects, RfS/Thermal 50/RREC/7 for Solar Thermal projects & RfS/PV1/RREC/5 for Solar PV projects are hereby postponed till further notice.”

The programme was to enable the setting up of several solar photo voltaic projects for 100 MW, and two solar thermal power projects of 50 MW each. The solar power producers were to get Rs 10.12 a unit if they did not claim the ‘accelerated depreciation’ benefit, and Rs 8.85 a unit, if they did.

Natgrp note: This could be because of the high cost of solar energy which would have further burdened the cash strapped state discomfort

About Ritesh Pothan

Ritesh Pothan, is an accomplished speaker and visionary in the Solar Energy space in India. Ritesh is from an Engineering Background with a Master’s Degree in Technology and had spent more than a decade as the Infrastructure Head for a public limited company with the last 9 years dedicated to Solar and Renewable Energy. He also runs the 2 largest India focused renewable energy groups on LinkedIn - Solar - India and Renewables - India
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