| Work Detail |
The Meghalaya Power Policy 2024 outlines the state’s comprehensive approach to addressing energy challenges and promoting sustainable development in its power sector. This new policy, replacing the 2007 version, came into effect upon publication in the official gazette and will remain valid until March 31, 2030.
The policy focuses on sustainable, inclusive, and efficient energy development while encouraging renewable energy projects such as hydro, solar, wind, and pumped storage. It emphasizes building a robust transmission and distribution system, reducing losses, and creating a user-friendly system for consumers. Key objectives include forming a state-owned power trading company to manage power purchase agreements and exploring both short-term and long-term power procurement strategies.
The state’s energy generation mix is currently dominated by hydroelectric power, which accounts for 100% of its installed capacity. However, the policy highlights the need to diversify, citing the challenges posed by monsoon dependency and low power availability during non-monsoon periods. To address this, the policy proposes developing thermal power stations and other renewable energy sources. A mix of 60% thermal and 40% hydro is recommended for better stability.
For hydropower development, Meghalaya has identified significant untapped potential. The policy divides hydro projects into three categories based on size: large, medium, and small. Transparent bidding processes and Build-Own-Operate-Transfer (BOOT) agreements are proposed for project allocation, with incentives such as financial assistance for developers and royalty-free power for the state. The policy also includes measures to promote small and micro-hydro projects to serve remote and isolated areas.
The policy also focuses on pumped storage hydro projects to meet peak demand and fulfill renewable purchase obligations (RPOs). Both closed-loop and generation-based storage systems are encouraged, with flexibility in allotment methods, including public-private partnerships and competitive bidding.
On the solar and wind front, the policy promotes clean energy adoption through financial incentives and land lease facilitation. Developers are encouraged to use domestic content in line with national renewable energy guidelines. The state plans to harness distributed renewable energy to achieve RPO targets set by the central government.
The transmission and distribution framework emphasizes reducing losses, improving infrastructure, and ensuring better consumer services. The policy includes targets for strengthening the grid, implementing smart metering, and reducing aggregate technical and commercial (AT&C) losses.
A State-Level Committee and a High-Power Committee will oversee project approvals, monitoring, and implementation. A dedicated online portal will streamline processes and provide information on ongoing and upcoming projects.
The Meghalaya Power Policy 2024 reflects the state’s commitment to achieving energy security, sustainability, and economic growth. By aligning with national energy goals and promoting private investment, Meghalaya aims to transform its power sector while contributing to India’s overall energy transition. |
