Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Friday, 22 December 2017

Unsustainable SRISTI ?




Business Line ( 22 Dec ) carries following news :





“ Green Power : Govt proposes Rs 23,450 crore Roof Top solar scheme “




The Ministry of New and Renewable Energy has proposed SRISTISustainable Rooftop Implementation for Solar Transfiguration of India — the scheme to incentivise the installation of roof top solar projects in India.

An official statement said, “The concept, once approved, shall serve as the basis of revised scheme of MNRE for solar rooftop in Phase-II and will replace the Cabinet Committee on Economic Affairs note that has been submitted to cabinet since April this year.”

The scheme will integrate discoms as an implementing agency in Phase-II of rooftop solar scheme, the statement added.

The proposed scheme aims to achieve a national solar rooftop target of 40 GW till 2021-2022.

It is proposed that a Central Financial Assistance will be provided only for installation of roof top solar plants in residential sectors.

The residential users may install the plant of capacity as per their requirement and the respective State Electricity Regulatory Commission regulation. But, the subsidy support will be limited up to 5 kWp capacity of plant.

The incentive towards subsidy to the residential sector is capped at ₹18,000 per kW calculated at benchmark cost of ₹60,000 per kW.

The incentive to discoms for social, institutional, government sectors, commercial and industrial sector is capped at ₹5,500 per kW calculated at benchmark cost of ₹55,000 per kW.

The total incentive for the residential sector stands at ₹9,000 crore for 5000 MW of installations. The incentive to discoms is capped at ₹14,450 crore for 35,000 MW of roof top solar installations.

The total outlay is ₹23,450 crore for 40,000 MW of roof top solar installations.

Sector wise targets  :

*  Commercial and industrial sector ……….. 20,000  MW
*  Government…………………………………………..    5,000  MW
*  Residential……………………………………………..    5,000  MW
*  Social…………………………………………………………  5,000  MW
*  Institutional ……………………………………………..  5,000 MW


CURRENT  STATUS  :

·      *   “ Bridge to India “ consultancy Estimate for 2021………… 13,200   MW


·      *   Actual reached by March 2017………………………………………..   1,396  MW


·      *   Expected Addition in 2017 – 18………………………………………    1,232  MW



WHY  UNSUSTAINABLE  ?


·         Cost of 5 Kw plant   =   Rs 300,000

·         Subsidy @ 30 %      =   Rs   90,000

·         Balance to be financed by owner  =  Rs 210,000

·         Interest on Rs 2.1 lakh @ 15 % = Rs 31,500 per year ( Rs 2625 per month )




As against this , consider what I got billed for last month by my DISCOM :


#    Fixed Charge   =                                         Rs  210

#    Wheeling Charge   =                                   Rs  360

#    Regulatory Asset Charge   =                        Rs  135

#    Energy Charge   =                                      Rs  881

#    Fuel Adjustment Charge   =                         Rs   21

#    Govt Electricity  Duty  ( @ 16 % )   =           Rs  257

#    Maharashtra Government Tax on sale of Electricity ( @ 16.04 p / unit ) = Rs 36


Total Bill Amount  = Rs 1900  ( rounded off  for a total consumption of 228 Units )

======================================================  

Does this mean that , if I were to install a Roof Top Solar under SRISTI Scheme , then  that would amount to a monthly loss of Rs 725 ? ( Rs 1900 paid to DISCOM currently – Rs 2625 interest on Rs 2.1 lakh of loan that I take from the bank )


Incidentally , on the web site of MNRE , I could not find any mention / reference of SRISTI  !

I strongly suggest that MNRE ,

·          Take a close look at suggestions contained in my following earlier email :

     GreenBuildings ? Put Greed to Work !  [  05  June  2017  ]





·         Publish on its web site , calculations of  “ MONTHLY SAVINGS “ that a residential owner may look forward if he were to install a 5 Kwp Roof top  solar plant under the SRISTI Scheme





23  Dec  2017





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