Punjab government seeks VGF from MNRE for biomass projects

The Punjab government has sought a viability gap funding from the MNRE for biomass power projects and biomass solar hybrid power projects to check stubble burning in the state. The tariff of set by the Punjab State Electricity Regulatory Commission is Rs 8.64 per kWh, while the average power purchase cost of Punjab State Power Corporation Limited is Rs 4.30 per kWh. The discom has expressed willingness to purchase power from biomass projects based on paddy straw at a maximum rate of Rs 5 per kWh with a view to addressing the issue of stubble burning and pollution in Punjab and the NCR.

 

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