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

Monday, 16 December 2019

Rooftop Solar : An Opportunity Lost ?




 [  Not , if included in Central Budget- 2020  ]



It  would seem so , when you read following news :

Highlights :

Ø  Farmer, Babubhai Patel was earlier earning Rs 1.26 lakh from his 15 acre land , cultivating dill seed .


      Now he has installed a 71.5 kW of Solar ground-mounted solar panels


Here is what he says :


“What I earned from solar power generation within the first four months of installation is very promising. If the trend continues then not only will my installation cost be recovered but I will have more money on hand than I got from my crop



Ø  Babubhai’s neighbor, Harshad Patel has a 55 kW installation on his farm. 

He spent nearly 1,00,000 towards the 5 per cent farmer contribution for the project, while he secured about 9 lakh in loans backed by the State utility.

     The solar pump installations under the SKY Scheme were provided with 60 per cent
      subsidy.

          “This means, within a year of installation, I will recover all the money that I have
          invested. On top of it, every year net income is at least double what we usually get
          from our conventional farming,” said Patel


Ø  Since it was just a pilot project with a specific financial outlay from the government, the SKY scheme provides an attractive tariff of 7 per unit to these farmers, which includes  3.50 from the State allocation and  3.50 from the Discoms.


          The effective period of the Scheme is 7 years, after which the State support will be


          withdrawn and the farmers will get  3.5 per unit, which is agreed through a 25-year
          PPA with the discoms.

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


Some 30 MONTHS ago, here is what I suggested to our Policy Makers :

     Green Buildings ? Put Greed to Work !                                            [ 05 June 2017 ]


Extract :


I urge Maharashtra government to adopt this innovative financing model for roof top solar plants where :



·      Individual building owners or Societies will install the plants on their roofs ( model / size / supplier etc to be decided by each consumer )



·     Plants will need to be installed only by Channel Partners ( supplying agencies ) which are empanelled by the Ministry of New and Renewable Energy , who have submitted installation data ( Project Completion Report for grid connected rooftop projects ) on the SPIN portal



·     Submit “ Bill / Certificate of Grid Connectivity “ to govt  for “Green Solar Loan 



·    Loan will be repayable at 5 % interest rate , over a 15 year period



·     SOCIETY WILL BE ABLE TO PAY THE  EMI  FROM THE SAVINGS IT WILL MAKE  BY NOT HAVING TO BUY THE GRID POWER FROM STATE DISCOM



·      Societies will even be allowed to repay the EMI in the form of the solar power it generates and FEEDS into the State Grid , under the “ Reverse Metering “ Scheme

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

Earlier, while advocating Rooftop Solar installations , I wrote :

Not Good Enough !                                           [ 02  Dec  2017  ]


Extract :

Surely , our Policy Makers cannot be unaware of the following benefits to millions of rural youths generating / consuming ( and , even “ selling “ ) solar power :


·         Not need to erect /maintain miles of transmission lines to those huts


·         No need to install and monitor Electricity ( Smart ) Meters


·         No need to collect monthly payments for the power consumed


·         In fact , no need to PRODUCE coal-based power elsewhere , in the first place


·         No pollution due to power from coal-based power plants


·         No need to dig or import expensive coal / or worry about low plant-load factor



·         No need to worry about power thefts / transmission losses !


·         No load shedding ( so common in rural areas ) for “ non-payment of bills / low
          consumption “


·         No need to worry about PEAK / LEAN load periods


·         No need to keep Subsidizing Power for ever


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

Dear Smt Sitharamanji,


Today’s news-papers speak of your “ Invitation “ to citizens to submit their “Suggestions
Ideas “ for incorporation in the forthcoming budget


I urge you to consider my above-mentioned suggestion in respect of ROOF-TOP solar
Installations


Unlike in the case of Gujarat’s SKY scheme for the farmers, I am not suggesting ANY SUBSIDY
for Rooftop installations


Just a  ROOFTOP GREEN SOLAR LOAN   (  a  MUDRA for house-owners ?  ) as follows :

Ø   100 % value of proposed installation  , at

Ø   Interest rate of 5 %

Ø   Repayable over 15 years ( EMI adjustable against savings generated )

Ø   Sovereign Guarantee for irrevocable /mandatory PPA by DISCOMs

Ø   Online submission / approval of “ loan applications “, within 30 days


This will lead to a LOW  COST  ECONOMY

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

17  Dec  2019

hcp@RecruitGuru.com

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