Solar power plant to be 500 MW to 2 MW
Many farmers will be able to plant simultaneously
Discom will buy electricity, 25-year contract
It is heartening to say that the project is lying on land, which cannot be cultivated. Today is good news for the farmers of India, who can increase income along with farming.
Therefore, the farmer's solar power plants must be within five kilometers of the power company's sub-station to avoid transmission costs. Discom will have to buy power generated from the farmer's solar power plant. A power purchase agreement will be signed between the farmer and the discom for the purchase of electricity for 25 years. Due to the subsidy of the Ministry of New and Renewable Energy (MNRE), the farmers will pay 40 paise per unit of disc purchasing power.
Solar plan can also be applied on cultivated land
According to MNRE, it is not the case that a single power plant will be set up by any farmer. This solar power plant can operate to many farmers or peasant societies, panchayats, corporate houses. Typically, solar plants are planted on unproductive soils, but by placing a structure on the farm, a farmer can install a solar power plant. But the farmer must ensure that agriculture is not affected.
They will also get full help of the government. Farmers who are not alone or unable to do this in groups can seek the help of developers to set up solar power plants. If a farmer wants, he can lease the land to tenants for rent. In return, farmers will be able to determine income. Discom may use the bidding process to determine electricity rates. But the Power Purchase Agreement (PPA) new will last for 25 years.