[ 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withdrawn and the farmers will get ₹ 3.5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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