Jharkhand Solar Power Policy 2022: Aiming for 4,000 MW Green Energy by 2027

Explore the Jharkhand Solar Power Policy 2022—its incentives, capacity targets, solar parks, and how it drives clean energy, investments, and green jobs in the state. Jharkhand, Which is generally rich in minerals are heavily dependent on the coal fired power plants, is now moving toward clean and sustainable energy. The Indian State government has firmly committed to decarbonizing its energy mix, luring renewable investments, and advancing inclusive electrification with the introduction of the Jharkhand Solar Power Policy 2022.

The Jharkhand Solar Power Policy’s main objectives, incentives, and investor prospects are covered in this blog.

Vision & Objectives of Jharkhand Solar Power Policy

The Policy Main Aims to:

Ensure reliable power access in tribal and remote areas
Attract private investment through incentives and ease of doing business through Jharkhand Solar Power Policy
Support energy transition goals aligned with India’s RE targets.

Potential for solar energy in Jharkhand.

Approximate Consumption of 18,000 Megawatt
There is a strong demand from the agricultural sector, MSME, Educational organizations, and urban clusters.
Solar insolation averages 4.5 to 5.5 kWh/m²/day.
Solar pannel can be built on flat terrain, industrial overburdens, or undeveloped wastelands.

Policy Highlights: Solar Power in Focus

Target Capacity & Technology Mix

3,000 MW from large-scale, grid-connected solar power plants across the state
700 MW from rooftop solar systems installed on residential and commercial buildings
300 MW from off-grid solar solutions to electrify remote rural and tribal communitie

Key Features of the Policy

Bankable PPA structure (25 years) for large-scale solar developers
Net metering provision for rooftop solar systems
Single-window clearance via JREDA
Exemption from electricity duty and cross-subsidy surcharge
Development of land leasing concepts and solar parks
Assistance for telecom towers, microgrids, and solar-powered agricultural pumps
Jharkhand’s Solar Investment Incentives

Rooftop Solar Capital Subsidy

Additional state-top up for rural and BPL households.

Land Support for Solar Parks

Government land available on long-term lease land

Bank maintained via JIADA and district authorities

Stamp Duty & Registration Fee Exemption

100% waiver for land registered for solar projects

Electricity Duty Waiver

Full exemption for captive and third-party sale of solar power

Bank Loan Interest Rebate

MSMEs and startups eligible for interest reimbursement on project loans

Infrastructure & Implementation Support

The State Government focused on

The government’s first goal is to establish Solar Parks at Deoghar, Dumka, Ranchi, Dhanbad, and Palamu.
Promoting Public-Private Partnerships (PPPs) for hybrid and solar-powered EV charging projects;
Improving grid infrastructure under the Revamped Distribution Sector Scheme (RDSS);
And providing online application, project tracking, and approval portals

Opportunities for Important Stakeholders

Utility-scale Developers: Land-linked, grid-connected projects with assured PPAs
Residential Consumers: Rooftop solar with net metering & capital subsidy
Educational Institutions/Temples/Govt Buildings: CAPEX/OPEX solar models with state facilitation
MSMEs & Cold Storage Units: Reliable solar backup, lower operating costs
Farmers receive incentive for solar pumps, micro-irrigation, and water management technologies.
Investors offer solar park infrastructure, the EPC, logistics, and EV charging infrastructure.

Crucial Points: Data & Statistics

By mid-2024, more than 20,000 rooftop solar connections will have been authorized under JREDA, and over 5,000 solar agri-pumps will have been installed with the help of subsidies.

Solar for Inclusion & Sustainability

The policy promotes:

Gender-inclusive participation in solar entrepreneurship
Solar-powered schools, health centers, and anganwadis
Skill development centers for solar technicians and youth
Low-carbon transition aligned with India’s National Solar Mission & SDGs

The Final Thought

To capitalize on the state’s tremendous solar potential, the Jharkhand Solar Power Policy 2022, provides an investor-friendly and forward-thinking framework.By representing Jharkhand as an emerging solar state in Eastern India, it encourages the use of renewable energy, long-term growth, and the creation of jobs.

How Cretum Advisory Can Help?

Cretum Advisory assists developers, MSMEs, and institutions with:

Solar project planning & DPR preparation
Subsidy application (MNRE + State)
Land allotment & JREDA clearance support
Financial Advisory Services & modelling Support
Rooftop and ground-mounted solar deployment

For a free consultation on how to make your solar project affordable under the new Jharkhand policy, get in contact.

Frequently Asked Questions (FAQs)

1. What is Jharkhand Solar Power Policy?

It’s a government scheme that main aim is to encourage the use of solar energy in homes, businesses, and large-scale power projects across Jharkhand to reduce the coal consumption.

Q2. What is the policy’s goal solar capacity?

By the end of 2027, 4,000 MW of solar capacity is required by the policy.

Q3. To whom will this solar method be advantageous?

Jharkhand’s solar policy offers a variety of alluring subsidies and incentives specifically designed for solar panel users, farmers, MSME owners, and large-scale solar developers.

Q4.Is Jharkhand Government offer financial assistance for rooftop solar panel installation?

Yes, Jharkhand provides upto 40% for financial assistance on the installing of solar panels in homes, if you live in a rural area. If you are a BPL cardholder, you may be eligible for even more assistance.

Q5. Does this policy permit net metering?

Indeed, the legislation supports this policy’s provision of net metering for rooftop solar installations in the commercial, institutional, and residential sectors.

Q6. What are the available exclusions from taxes and duties?

Developers and consumers receive 100% exemption from electricity duty and stamp duty on solar projects.

Q7. Is there any authorized solar parks in the state?

Yes, the government is developing solar parks in various cities of Jharkhand- Ranchi, Deoghar, Dumka, and Palamu via land pooling.