In a shift from hydroelectric power, the Himachal Government has amended the Swaran Jayanti Energy Policy 2021 to attract investors to the solar power sector. It has received an overwhelming response from bidders for setting up solar power projects of 140 MW capacity.
The Department of Power made amendments to the Swaran Jayanti Energy Policy on September 21 to offer more incentives to promote solar energy. Norms were changed for grid-connected rooftop solar power plants (50 KW and up to 1 MW) under the net metering scheme. A royalty of 5 paise per unit would now be charged from all solar power projects of more than 1 MW capacity while in case of projects up to 5 MW, the HP State Electricity Board (HPSEB) would purchase the power generated.