Smart Roof Solar

UP Government Incentive: Stamp Duty Exemption for Solar Land

UP Government Incentive: Stamp Duty Exemption for Solar Land

 

Solar developers will be exempted from paying any Stamp Duty for land acquired or leased for solar projects and solar parks in Uttar Pradesh.

The Uttar Pradesh government has announced the 100% exemption on stamp duty as per the state’s Solar Energy Policy 2022.

The stamp duty exemption could help solar capacity additions in the state where land acquisition has been a major challenge.

Solar parks need large areas of continuous land. Several cases of land acquisition have faced problems with local authorities, landowners, and government agencies, which lead to higher costs for developers and make projects unfeasible.

The stamp duty exemption will be applicable after the district magistrate or the Deputy Commissioner of Industries confirmation. They have to confirm that the deed is being executed under the Uttar Pradesh Solar Policy 2022.

At the time of registering the land deed, developers are required to present the irrevocable bank guarantee of the amount equivalent to the remission of the stamp duty in favor of the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA).

The validity of the bank guarantee must be at least the time prescribed to complete the project.

However, units that have obtained the stamp duty exemption benefit under any other policy will not be eligible for a similar exemption under the Solar Policy.

Last November, the Uttar Pradesh government approved the ‘Solar Energy Policy, 2022,’ revising its target upwards to 22 GW of solar capacity by FY 2026-27.

The state had proposed a 16 GW solar capacity target in its draft policy earlier last year. The approved target capacity includes 14 GW of utility-scale power projects, 6 GW of rooftop solar projects, and 2 GW of distributed solar projects.

UPNEDA has been designated the nodal agency for implementing the policy.

Suggested Articles

Solar for Commercial Buildings in India

What Does 1 kWp Mean in Solar Power Systems?

1 kWp is a standard unit used to measure the capacity of a solar power system under ideal conditions. This guide explains what 1 kWp means, how much energy it produces, and why it matters for system sizing.

Solar Installation Cost in Haryana

Solar Installation Cost in Haryana: Pricing, Savings & Subsidy Guide

Solar installation cost in Haryana varies by system size, components, and subsidy eligibility. This guide explains per-kW pricing, government incentives, and how much owners can save with rooftop solar in 2025, helping you choose the right system at the right budget.

pic_ashok_food2

What Is a Solar Power Generating System? | Complete Guide

A solar power generating system converts sunlight into electricity for residential, industrial, and commercial use. This blog explains the components, working, and benefits of solar systems, helping you understand how to harness solar energy efficiently and sustainably.

Solar Battery

Everything You Should Know About Solar Batteries

Discover how solar batteries store excess energy, maximize your solar system’s efficiency, and provide reliable power during outages. Learn about the types, benefits, lifespan, and maintenance tips to make the most of your solar investment.

Contact Us