Objective- Establish Madhya Pradesh as a renewable energy hub through creation of RE equipment manufacturing eco-system, facilitating large scale adoption and deployment of RE in the State and facilitate the design, development and operationalization of new and innovative technologies and adoption approaches.

Policy Period- The Policy shall be applicable for the period of 5 years from August 2022

Incentives for RE developers 

• Government Land shall be provided on concessional rate (rebate of 50% on circle rate) to developers.

• 50% reimbursement on stamp duty on purchase of private land for the project shall be available to developers.

• Projects shall be completely exempted from paying the Electricity Duty for period of 10 years.

• Projects shall be completely exempted from Energy Development Cess for power supplied by renewable energy for a period of 10 years from the COD.

• Projects shall be provided 50% waiver on wheeling charges for a period of 5 years shall be extended as approved by MPERC from time to time.

• Incentive for renewable energy sourced Energy Storage project

• Government Land shall be provided on concessional rate (rebate of 15% on circle rate) to developers.

• Projects shall be exempted from payment of 20% of registration cum facilitation fees.

• Developers shall be provided 15% reimbursement on stamp duty on purchase of private land

• Projects shall be exempted from payment of electricity duty for 10 years from date of COD, towards storage of electrical energy and supply to Distribution Licensee/ Third party / Captive purpose.

1. Incentives for RE equipment manufacturers and production of Green Hydrogen

Eligible units can avail benefits as per the State’s MSME/Industrial Promotion Policy.

Additional Incentives for RE Manufacturing

• 100% reimbursement on stamp duty on purchase of private land.

• Re. 1 rebate in Electricity Tariff for 10 years

• Capital and Interest subsidy as per IPP

• Subsidy for Intellectual Capital (Rs. 50 Lakhs) and Quality Certification (Rs. 1 Cr.)

• Incentive for entities setting up offices developing or developing RE plant for captive consumption in Green Zones in the State

• Government Land shall be provided on concessional rate (rebate of 15% on circle rate) to developers.

• Entities shall be provided 50% reimbursement on stamp duty on purchase of private land within Green Zone.

• Incentive for Premier technical institutions for undertaking feasibility studies

GoMP shall provide 100% financial support to Premier technical institutions, research institutions, private organizations for doing technical feasibility studies, pilot projects, to develop Green Cities and Zones etc.

View/Download Full Policy 

Madhya Pradesh Renewable Energy Policy – 2022 (English]

Relevant Notifications/Amendments/Orders/Circulars

Go to MP Urja Vikas Nigam Website