Maharashtra State Electricity Distribution Company Limited (MSEDCL) is seeking subsidy of Rs 31 crore for just 25 MW solar power which is hampering the clean energy generation in the state, an industry body charged on Tuesday.
Maharashtra Solar Manufacturers Association (MSMA) in a release said that a study by the association has found that the demand of subsidy should have been of 1100-1200 MW.
The discom has demanded subsidy for only 25 mega watt as compared to 600 mega watt of neighbouring state Gujarat, the Maharashtra Solar Manufacturers Association alleged. The subsidy amount is just Rs 31 crore, it added.
This demand was very less and is hampering solar power generation in Maharashtra, the association claimed. The number in Gujarat is 600MW and Rs 750 crore.
When contacted, the Pune-based association's president Pradeep Kulkarni told PTI that other policies are also hampering solar power generation in the state.
Kulkarni said the categorization of contractors and the condition of getting minimum number of contracts should be relaxed in the state as this would deprive many customers from the subsidy.
The president also alleged that insurers have stopped providing insurance cover to solar projects due to their low costs. The companies now take insurance premium of entire property along with solar project which is loss to customer, he claimed.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU