The Photo voltaic Power Company of India (SECI) has signed an MoU with the Authorities of Odisha to develop Agro-Photovoltaic photo voltaic initiatives within the state.
The Photo voltaic Power Company of India (SECI) on behalf of the Authorities of India has introduced that it has signed a Memorandum of Understanding (MoU) with the Authorities of Odisha to develop Agro-Photovoltaic initiatives within the state. In such initiatives, the identical land is utilised each to reap photo voltaic power and to hold out agricultural/ farming actions.
The announcement of the signing of the MoU was introduced on Twitter by SECI:
Signing of MoU between Govt of India and Govt of Odisha for improvement of Photo voltaic Power Initiatives in Odisha. pic.twitter.com/eAc3uHDENE
— SECI (@SECI_Ltd) November 4, 2020
Based on the MoU, SECI will develop the grid-tied agro-photovoltaic initiatives within the coastal state in collaboration with the Odisha Renewable Power Growth Company (OREDA). SECI has mentioned that the agricultural land could be taken up beneath the ‘Annual Lease Mannequin’ from farmers. The federal government will instantly execute the lease deed for a interval of 25 years with the farmers with out involving any brokers, SECI added.
Based on SECI, it will instantly profit farmers as they will keep it up farming actions on the leased agricultural land whereas incomes a decided lease quantity of Rs 20,000/acre yearly from the federal government.
SECI has additionally introduced the signing of an MoU with the Ministry of latest and Renewable Power (MNRE), nevertheless, the aim of signing of the MoU is but to be clearly said.
Signing of MOU between SECI and MNRE pic.twitter.com/12XcJLLcQE
— SECI (@SECI_Ltd) November 5, 2020
In September, NHPC had issued a young for hiring of consultants for the technical help and preparation of DPR of Floating Solar Projects of 100 MW capability within the Rengali Reservoir in Odisha.
In July, NHPC had inked a Memorandum of Understanding (MoU) with the Inexperienced Power Growth Company of Odisha Restricted (GEDCOL) to type a three way partnership for growing floating solar energy projects in the state of Odisha with an preliminary capability of 500 MW. The 2 entities might collaborate and cooperate to type a three way partnership firm (JVC) to plan and develop techno-commercially possible floating solar energy initiatives of 500 MW in Odisha beneath the UMREPPs (Extremely Mega Renewable Power Energy Parks) scheme of the Ministry of New and Renewable Power (MNRE), in a phased method, ideally in packages of fifty MW every.