Punjab Energy Development Agency was formed in Sept. 1991 under the Department of New and Renewable Energy, Govt. of Punjab as a state nodal agency for promotion and development of Renewable Energy Programmes/ Projects and energy conservation programme in the state of Punjab. PEDA is registered as a Society under the Societies Act of 1860. The projects are provided financial & fiscal assistance by PEDA under the NRSE Policy 2012 of the Govt. of Punjab. Also, Punjab State Electricity Regulatory Commission has designated PEDA as the Nodal Agency for the purposes of the REC Regulations and monitoring of Renewable Purchase Obligation (RPO) in the State of Punjab. In addition, PEDA is the State Designated Agency for Energy Efficiency and Conservation under the Energy Conservation Act 2001 by Bureau of Energy Efficiency, Ministry of Power.

INCENTIVES UNDER THE NRSE POLICY 2012:

Punjab facilitates the setting up of RE Projects on Build Own Operate basis under the NRSE Policy-2012. A slew of incentives are provided to the interested developers to invest and setup RE projects and the major incentives includes:-

• 100% Stamp Duty exemption both on land purchase/lease.
• CLU & EDC charges exempted.
• 100% Electricity Duty Exemption on power consumed during construction of NRSE Projects.
• 100% Exemption on Pollution & Environment Clearance on Solar Projects.
• Wheeling of RE power at a uniform charge of 2% of the energy fed to the grid under Intra-State Open Access.
• Panchayats land can be provided on lease for setting-up of NRSE projects.

Main Objective and Responsibilities

• Promotion and Development of Small/Micro Hydel projects on canal falls.
• Promotion and Development of Biomass/Agro residue based power projects.
• Co-generation power project in Sugar Mills and Paper industry
• Promotion and Development of Solar Photovoltaic and Solar thermal power projects.
• Promotion and Development of Waste to Energy projects.
• Promotion and Development of Solar Photovoltaic based technologies
• Promotion and Development of Biomass based gasifiers
• Promotion and Development of Solar thermal systems
• Implementation of Energy Conservation Act
• Biogas development programme through setting up large size Institutional/Nigh Soil based biogas plants and Family Size biogas plants.
• Energy conservation
• Solar Passive Architecture
• Fabrication of Mobile Exhibition Vans
• Creating Awareness & Publicity in masses to adopt Non-conventional Energy Sources and Energy Saving / Conservation

NRSE Policy 2012