Haryana enacts guidelines for solar park development by pvt developers
POWER & RENEWABLE ENERGY

Haryana enacts guidelines for solar park development by pvt developers

The New and Renewable Department of Haryana has regulated guidelines for developing solar parks by private developers without the assistance of central finance.

The developers of solar parks are to submit their proposals to the Haryana Renewable Energy Development Agency (HAREDA) with their detailed project reports (DPR) along with relevant documents. After the examination of the DPR, a no-objection certificate will get issued for the solar park.

After the company permits the program, the developer can apply for the feasibility of connection to the Haryana Vidyut Prasaran Nigam Ltd. (HVPNL). The minimum capacity of the solar park should be 50 MW. The developer should also submit the agreement to lease or sell at least 100% of the needed land with the application.

The minimum land area required for the solar park is 4 acres/MW. The cost for the developing 50 MW solar park is considered Rs 100 million. The developer should complete the solar park in two years from the date of the issued no-objection certificate.

For the solar park development, the financial closure can be stated as the arrangement of 90% of the overall project cost either by any internal resources or through external resources by tie-ups with banks or lending organisations. After HVPNL approves, the developer will have to submit the document of the financial closure, bank guarantee, and the land lease or sale agreement within five months for final connection.

At present, the New and Renewable Energy Department of Haryana has issued the draft 'Haryana Solar Power Policy 2021' and had made requests to the government stakeholders to revert with their opinion within 15 days from the date of notification. The draft reads that the state should lay stress more on the rooftop solar projects and small-scale solar projects instead of focusing on the power of megawatt-scale solar projects and parks.

In June 2020, the New and Renewable Energy Department modified its guidelines for the development of solar parks and ultra-mega solar projects. The program started in December 2014 to make it easier for developers to set up their projects by a plug-and-play model.

Image Source


Also read: MNRE regulates guidelines for 12,000 MW CPSU solar project scheme

Also read: Haryana discom regulatory issues charges and caps on RE banking

The New and Renewable Department of Haryana has regulated guidelines for developing solar parks by private developers without the assistance of central finance. The developers of solar parks are to submit their proposals to the Haryana Renewable Energy Development Agency (HAREDA) with their detailed project reports (DPR) along with relevant documents. After the examination of the DPR, a no-objection certificate will get issued for the solar park. After the company permits the program, the developer can apply for the feasibility of connection to the Haryana Vidyut Prasaran Nigam Ltd. (HVPNL). The minimum capacity of the solar park should be 50 MW. The developer should also submit the agreement to lease or sell at least 100% of the needed land with the application. The minimum land area required for the solar park is 4 acres/MW. The cost for the developing 50 MW solar park is considered Rs 100 million. The developer should complete the solar park in two years from the date of the issued no-objection certificate. For the solar park development, the financial closure can be stated as the arrangement of 90% of the overall project cost either by any internal resources or through external resources by tie-ups with banks or lending organisations. After HVPNL approves, the developer will have to submit the document of the financial closure, bank guarantee, and the land lease or sale agreement within five months for final connection. At present, the New and Renewable Energy Department of Haryana has issued the draft 'Haryana Solar Power Policy 2021' and had made requests to the government stakeholders to revert with their opinion within 15 days from the date of notification. The draft reads that the state should lay stress more on the rooftop solar projects and small-scale solar projects instead of focusing on the power of megawatt-scale solar projects and parks. In June 2020, the New and Renewable Energy Department modified its guidelines for the development of solar parks and ultra-mega solar projects. The program started in December 2014 to make it easier for developers to set up their projects by a plug-and-play model. Image SourceAlso read: MNRE regulates guidelines for 12,000 MW CPSU solar project scheme Also read: Haryana discom regulatory issues charges and caps on RE banking

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->