Policy on net metering for Grid Interactive Roof-Top Solar Photo Voltaic Power Plants
The Governor of Punjab has already notified Newand Renewable Sources of Energy Policy (NRSE) 2012 which, interalia, provides for encouraging solar power generation to harness vast solar potential in the State and to promote Stand Alone, Rooftop and IPP projects to achieve installed capacity of 1000 MW by the year 2022. Solar energy offers clean, climate - friendly abundant and inexhaustible energy resource to mankind. New and Renewable Sources of Energy Policy (NRSE) has also designated Punjab Energy Development Agency (PEDA) to undertake a solar rooftop programme in the State for the domestic, industrial and commercial sectors through Grid interconnectivity by deploying net metering / sale of power to Punjab State Power Corporation Limited (PSPCL)/LICENSEE. To achieve the objectives of New and Renewable Sources of Energy Policy (NRSE) 2012 and after carefully examining the policies and schemes in this regard, the Governor of Punjab, is pleased to approve the ‘Policy on net metering for Grid Interactive Roof - Top Solar Photo Voltaic Power Plants’ which shall be effective from the date of its notification in the official Gazette.