MP govt approves new solar energy policy
Madhya Pradesh government today approved a new solar energy policy under which four solar energy parks each generating 200 MW of power will be set up in the state in public-private partnership.
The Solar Energy Policy 2012 was approved by the state cabinet at its meeting.
Other features of the new policy are 10-year exemption in electricity fee and cess, four per cent subsidy by the state government in the wheeling charges, banking of generated power and exemption as per rules in VAT and entry tax, among others.
Till now the detailed policy is not aviable at site of MPERC or MP renewable development authority.
Source: Business Standard