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 SRISTI — Sustainable 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
www.hemenparekh.in
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