With an intention to encourage, develop and promote solar power in the state, Government of Andhra Pradesh has issued Andhra Pradesh Solar Power Policy- 2012, wherein the developers are allowed to develop solar power projects for captive use / third party saleand projects through REC mechanism. The Government has provided the following incentives for solar power developers which will be in force a period of 7 years from the date of implementation. These incentives are available to only those projects which are commissioned by June, 2014.
Amendment to the AP Solar Power Policy – 2012 is provided herewith
To encourage setting up solar power projects under open access both as captive and for third party sale, APERC has amended the Interim Balancing and Settlement Code to include solar power along with wind and mini hydel. As per the regulation 1 of 2013 issued on April 22, 2013, solar power projects shall not required to provide any day ahead schedule and actual energy injected into grid shall be deemed to be scheduled energy. Solar power projects are provided with banking facility similar to wind and mini hydel power projects. Banking Facility for the Solar Energy is available throughout the year. However, the banked solar energy cannot be drawn between January to June and during peak hours i.e. from 6 AM to 9 AM and 6 PM to 9 PM. Drawals shall be permitted only during the 6-month period, from July to December.
The un-utilised banked wind energy will lapse if it is not utilised by December 31 of every year. Banking Charges are paid in kind at 2%.
Relevant Regulation is enclosed
Policy on Net Metering for Solar Grid Interactive Roof-top and Small SPV Power Plants in the State – Amendment On 25.10.2013
Andhra Pradesh Solar Power Policy 2015