“
Rent – a – Roof “ for Solar Power
Hindustan
Times (18 Nov) carries following editorial :
=================================
“
Shining the light on Solar Energy “
The ‘rent-a-roof’ policy will help
developers and householders
·
The Centre is
planning a rent-a-roof policy to support its ambitious plan to generate 40 gigawatts (GW) of power from solar rooftop projects by 2022,
MINT reported this week .
If the new policy
comes through, solar developers can rent rooftop space, fit it with solar
panels, and feed the power to the grid . If the policy takes off, householders
will not have to bother themselves any more with the time-consuming,
bureaucratic nitty-gritty that precedes the installation of panels.
India offers a
big opportunity for solar energy. Its 750
GW potential is driven by roughly 300 sunny days a year.
Despite this, and
attractive fiscal incentives, households haven’t exactly taken to solar power.
As a result, financial incentives are not being utilised and consumers are not
availing significant potential savings on their electricity bills, even as the
burden on electricity distribution companies to meet power demand from the grid
is growing.
Large solar
plants require land, lots of it. Therefore, it is important that policies
support rooftop and decentralised solar power generation, both off grid and on.
The proposed
policy could empower the solar energy industry to focus on households; it also
gives every home a chance to be energy independent.
Let
us evaluate the possible impact of this initiative in the following background
:
· Government’s
Solar Power target is = 100 GW by 2022 ,
of this
· 60 GW from ground-mounted /
grid-connected projects
· 40 GW from roof-top projects
· As
of Sept 2017 ,
# ground-mounted solar has reached
only 13.9 GW
# roof-top capacity
has reached only 790 MW
# taking total
Solar installed capacity to 14.7 GW
· During
the first 6 months of this fiscal,
Solar capacity added was 2.4 GW
This
means that , during the next 60 months (
Nov 2017 – Nov 2022 ) , we need to install ( 100 GW – 14.7 GW ), 85.3 GW of Solar ( ground + roof )
That
is nearly 1.5 GW / month (
month after month after month , for next 60 months )
Now
, 1 GW installed capacity of Solar costs approx. 1 Billion
dollar ( = Rs 6500 Cr )
That
means , we must find Rs 10,000 Cr / Month ,
for 1.5 GW
Every
month for the next 60 months !
Who
has this kind of money to invest in Solar Power projects – especially when
DISCOMs which have signed definitive / legally-binding PPA with power producers
are backing out and demanding that producers reduce their price – already , the
lowest in the World ?
Dear Shri Piyush Goyalji / R K Singhji :
If
you are looking for a viable solution ( something experts won’t recommend since it would be
politically incorrect ?
) ,which :
· Brings
in , Rs 10,000 cr / month of
investment for next 60 months
· Enables
Power Producers to raise “ Zero Risk “ capital at “ Zero Per cent “ interest
· Delivers power to consumers at Rs 1 / Kwh , ( with 5 % reduction in tariff every year )
· Turn
India into “ the most envied and most copied “ Low Cost Economy “ of the World , capable of reversing its negative trade balance (
through exports ) with all countries
then,
please read following email sent to you earlier :
Solar
Power at Rs 1 per Kwh ? [ 29 Jan 2017 ]
20
Nov 2017
www.hemenparekh.in /
blogs
With Regards,
hemen
parekh
(
M ) +91 - 98,67,55,08,08
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