Goa will soon sign an agreement to purchase 50 MW solar power from the Arunachal Pradesh Power Corporation Pvt Ltd. The cost per unit would be Rs 5.10 from this November till October 31, 2026. The agreement is to meet the solar renewable purchase obligation as proposed by the Joint Electricity Regulatory Commission. The estimated cost for 50 MW is Rs 50.10 crore per year and for 2022-23 it will be Rs 23.37 crore.
Considering the the present financial condition of Goa, the government needs to increase the solar power output by installing solar panels at government offices and establishments and encourage the private sectors to do so. In June 2022, Tata Power Solar Systems installed India’s largest floating solar power project in the back-waters of Kerala to generate 101.6 MW. Given the fact that Goa has large tracts of hinterland water bodies and five dams, the government should seriously consider using these sites for solar power projects. Doing so would help Goa to lessen its dependence on other States for its power usage, save its finances and may be in a position to sell to them.
