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

Thursday, 15 February 2024

Surya Ghar Yojana : How to motivate DISCOMS

 


 

Dear Shri R K Singhji  ,

 

Over the past few days , I have sent to you following emails :

Ø  Surya Ghar : Missing the Wood for the Trees ? .. …………….15 Feb 2024

Ø  Found : Missing piece of Jigsaw Puzzle ……………………………. 05 Feb 2024

Ø  Thanks, Shri Modiji – from 250 Million Families  …………….. 04 Feb 2024

Ø  R K Singhji : Saluting a Revolutionary Reformer …………….. 02 Feb 2024

Ø  Correction : Suryodaya Yojana………………………………………….. 01 Feb 2024

Ø  Suryodaya Yojana……………………………………………………………….. 28 Jan 2024

Ø  Unleashing, Electrifying, Roof Top Solar Power ………………… 29 Jan 2024

 

In these e-mails, to overcome the resistance of the DISCOMS , I had suggested that they should get motivated through offer of some INCENTIVES ( apart from making good, their loss of revenue )


But I did not spell out precisely WHAT AMOUNT of incentive ( and from whose pocket )


I urge you to consider sharing the income generated from CARBON CREDITS / GREEN CREDITS, as follows :


#  For REC ……………… 70 % ( since, as per my suggestion, REC would bear total

                                           cost of each RTS )


#  For DISCOM…………30 % ( this could be restricted for first 3 years / thereafter

                                           NET METERING will kick in )

 

Of course, this ( generation / encashment of GREEN CREDIT ), is contingent upon

my proposal to make this a COMPOSIT scheme by linking it with distribution of

Electric Induction Stoves under National Clean Cooking Mission



Imagine :

1 crore families , each getting 12 LPG cylinder per year with Rs 300 subsidy /

 cylinder = Rs 3600 / year


Total “ Subsidy Saving “ from 1 crore RTS installations = Rs 3,600 crore / year


And will reduce LPG consumption by 1.8 Million tons / year !


This amounts to reduction in import cost = $ 1.28 Billion ( Rs 10,629  Crore / year ) !


Why is this ( COMPOSIT scheme ) all the more URGENT and IMPORTANT ?


Today’s Economic Times carries following report :

 

Ø  LPG imports surge 60% in five years

 

Extract :


LPG Imports :


Ø  2017-18………………. 11.4  MMT  (  Import cost  =  $   5.8  billion )

Ø  2022-23………………  18.3  MMT  (  Import cost  =  $ 13.3  billion )

 

This was due to rise in global LPG prices which surged .. 46 % .. in 5 years to $

  711.50 per metric ton


 Domestic production rose by just .. 4 % .. in 5 years ( to 2022-23 ), while

 consumption expanded by .. 22 % ..

 

With regards,

Hemen Parekh

www.HemenParekh.ai  /  16 Feb 2024

 

Related Reading :

MNRE may do away with CPSU’s involvement in Roof Top Solar program  … Mercom … 15 Feb 2024

 Extract :

The Minister had also said that the Solar Systems for households installing them on their roofs would be entirely free

Sources said that the recent increment in Roof Top Solar subsidy is the ONLY PROPOSAL that will stay effective under the program

Sources told MERCOM that MNRE, in an interaction with industry stakeholders, said that CPSU designated as the IMPLEMENTING AGENCY , may no longer be involved in executing the program

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