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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