The cap on 50% load capacity has been removed for MSMEs in case of solar power generation. With this, MSME units would be able to install 100% or even more capacity of solar power plant.
Additional power generated by these units would be purchased by state-owned electricity companies at Rs 1.75 per unit.
Also, in case MSME units don’t have adequate own land to install solar panels, they would be allowed to generate solar power in rented land. However, the electricity duty and wheeling charges have to be paid by the MSME units as per the existing norms.
At present, MSMEs pay Rs 8 per unit for electricity consumption. The new decision will benefit the MSME sector and earn them a profit of Rs 3 per unit. The firms will make a profit of Rs 3.80 per unit if they produce solar energy on their own land, and in the case of leased land, they will make a profit of Rs 2.75 per unit.
The above changes in the solar power policy of 2015, will encourage 33 lakh MSME units towards production and use of green and clean energy.
There are 33 lakh MSME units with investment of up to Rs. 10 crore in the Gujarat state that are eligible for the relaxation.
We are now the leading Solar EPC Company across Gujarat and PAN India for every kind of MSME and Commercial units, with our prominent presence in almost all major sectors, among which few of them are categorized as follows:
- Oil & Gas- Indian Oil Corporation Ltd., Hindustan Petroleum Corporation Ltd.
- Automotive – Hero Motocorp, Force Motors
- Manufacturing – GYSCOAL Alloys Ltd., Achint Chemicals, Pegma Resources Pvt. Ltd.
- Textiles – Western Suitings Pvt. Ltd.
- Food processing – Jovial Foods Pvt. Ltd. (Aashirvaad Atta)
- Transport – Chartered Bus
- Renewable energy – Suzlon Energy Ltd.
