Get Land Sub Lease Agreement For - Kspdcl

Developers advise 30-40 acres to generate more power and reap more from the system. Otherwise, less than 5 acres may not produce enough power for all your commercial needs. If you set up the solar farm for personal use and seek capital from investors, part of your monthly income will go to financing the debts.

Applicants shall be empanelled as per the requirement of MSEDCL to provide their land to solar power developers on lease/ sale basis. The tenure for lease shall be 30 years from the date of signing of lease agreement.

How does a land lease work? We need land on which to build a solar farm. This means a solar developer and a landowner need to agree on the terms of a solar land lease. Through the lease, a landowner makes a suitable portion of their property available for the development, construction, and operation of a solar farm.

For community solar in Maine, ReVision Energy builds a large-scale, ownership model solar farm at an ideal solar location, working with the landowner or local organizations to responsibly site the project. Power generated from the solar farm feeds into the grid, which is then distributed to the members of the CSF.

Maine's net metering program, known as Net Energy Billing, allows solar producers with systems up to 5 megawatts (MW) to sell their unused energy to the grid in exchange for credits on their electricity bills.

Prevailing DLC rate of Land at the time of registration(Rs. per hectare)Annual Lease Rent (Rs. per hectare)Upto 8 lakhs80,000More than 8 lakhs and less than 12 lakhs1,00,000More than 12 lakhs and less than 20 lakhs1,40,000More than 20 lakhs1,60,000

"The government will pay Rs 1.25 lakh per hectare as rent for land taken on lease for this scheme. The plan is to generate 7000 megawatts of electricity for which 28,000 acres of land will be needed. We intend to start the scheme by December 2025," he added.

It's super easy to sign-up for a program. Residential customers need their utility account information. Business customers need a copy of one billing statement for any meters they want to enroll so the solar farm can calculate the number of credits you need. Complete the form.