{"id":21121,"date":"2024-08-05T10:28:07","date_gmt":"2024-08-05T04:58:07","guid":{"rendered":"https:\/\/invest.mp.gov.in\/?page_id=21121"},"modified":"2024-08-05T10:39:36","modified_gmt":"2024-08-05T05:09:36","slug":"policy-notifications-mp-pumped-hydro","status":"publish","type":"page","link":"https:\/\/invest.mp.gov.in\/previous-portal\/policy-notifications-mp-pumped-hydro\/","title":{"rendered":"Policy & Notifications-MP Pumped Hydro"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"21121\" class=\"elementor elementor-21121\">\n\t\t\t\t        <section class=\"elementor-section elementor-top-section elementor-element elementor-element-2a6d154 elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible pxl-section-fix-none pxl-bg-color-none pxl-section-overlay-none wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"2a6d154\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4e873bc pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"4e873bc\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n                <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e897882 elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible pxl-section-fix-none pxl-bg-color-none pxl-section-overlay-none wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"e897882\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-956c93b pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"956c93b\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-95c5f78 elementor-widget elementor-widget-heading\" data-id=\"95c5f78\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h6 class=\"elementor-heading-title elementor-size-default\">Madhya Pradesh Pumped Hydro Policy \u2013 2022<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t        <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-c214ec3 elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible pxl-section-fix-none pxl-bg-color-none pxl-section-overlay-none wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"c214ec3\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-02a2a32 pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"02a2a32\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-34423e7 elementor-widget elementor-widget-text-editor\" data-id=\"34423e7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><strong>Objective- <\/strong>Establish Madhya Pradesh as a renewable energy hub and untap the State&rsquo;s potential in pumped hydro projects.<\/p>\n<p><strong>Policy Period- <\/strong>The Policy shall be applicable for the period of 5 years from April 2023<\/p>\n<p><strong>Incentives for Pumped Hydro Storage (PHS) projects developers&nbsp;<\/strong><\/p>\n<ul>\n<li><strong>Government Land shall be provided on concessional rate (rebate of 65% on circle rate) to developers bidding for power procurement by MPPMCL<\/strong><\/li>\n<\/ul>\n<ul>\n<li>65% reimbursement on stamp duty on purchase of private land for the project shall be available to developers.<\/li>\n<\/ul>\n<ul>\n<li>Projects shall be completely exempted from paying the Electricity Duty for period of 10 years.<\/li>\n<\/ul>\n<ul>\n<li>Projects shall be completely exempted from Energy Development Cess for power supplied by renewable energy for a period of 10 years from the COD.<\/li>\n<\/ul>\n<ul>\n<li>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.<\/li>\n<\/ul>\n<ul>\n<li>Projects shall be exempted from payment of 20% of registration cum facilitation fees.<\/li>\n<\/ul>\n<p><strong>View\/Download Full Policy&nbsp;<\/strong><\/p>\n<p><a href=\"https:\/\/invest.mp.gov.in\/wp-content\/uploads\/2024\/08\/pumped-hydro-pollicy.pdf\" target=\"_blank\" class=\"mpidc_btn\">Madhya Pradesh Pumped Hydro Policy, 2022<\/a><\/p>\n\n<p><a href=\"https:\/\/mprenewable.nic.in\/policy.html\" target=\"_blank\" class=\"mpidc_btn\">Go to MP Urja Vikas Nigam Website <\/a><\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Madhya Pradesh Pumped Hydro Policy \u2013 2022 Objective- Establish Madhya Pradesh as a renewable energy hub and untap the State&rsquo;s potential in pumped hydro projects. Policy Period- The Policy shall be applicable for the period of 5 years from April 2023 Incentives for Pumped Hydro Storage (PHS) projects developers&nbsp; Government Land shall be provided on concessional rate (rebate of 65% on circle rate) to developers bidding for power procurement by MPPMCL 65% 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. Projects shall be exempted from payment of 20% of registration cum facilitation fees. View\/Download Full Policy&nbsp; Madhya Pradesh Pumped Hydro Policy, 2022 Go to MP Urja Vikas Nigam Website<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-21121","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/invest.mp.gov.in\/previous-portal\/wp-json\/wp\/v2\/pages\/21121"}],"collection":[{"href":"https:\/\/invest.mp.gov.in\/previous-portal\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/invest.mp.gov.in\/previous-portal\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/invest.mp.gov.in\/previous-portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/invest.mp.gov.in\/previous-portal\/wp-json\/wp\/v2\/comments?post=21121"}],"version-history":[{"count":10,"href":"https:\/\/invest.mp.gov.in\/previous-portal\/wp-json\/wp\/v2\/pages\/21121\/revisions"}],"predecessor-version":[{"id":21133,"href":"https:\/\/invest.mp.gov.in\/previous-portal\/wp-json\/wp\/v2\/pages\/21121\/revisions\/21133"}],"wp:attachment":[{"href":"https:\/\/invest.mp.gov.in\/previous-portal\/wp-json\/wp\/v2\/media?parent=21121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}