Unsustainable SRISTI ?
------------------------------
Business Line ( 22 Dec ) carries following news :
“ Green Power : Govt proposes Rs 23,450
crore Roof Top solar scheme “
The Ministry of New and Renewable Energy
has proposed SRISTI — Sustainable Rooftop Implementation for
Solar Transfiguration of India —
the scheme to incentivise the installation of roof top solar projects in India.
An official statement said, “The
concept, once approved, shall serve as the basis of revised scheme of MNRE for solar rooftop in Phase-II and will replace the
Cabinet Committee on Economic Affairs note that has been submitted to cabinet
since April this year.”
The scheme will integrate discoms as an
implementing agency in Phase-II of rooftop solar scheme, the statement added.
The proposed scheme aims to achieve a
national solar rooftop target of 40 GW till
2021-2022.
It is proposed that a Central Financial
Assistance will be provided only for installation of roof top solar plants in residential sectors.
The residential users may install the
plant of capacity as per their requirement
and the respective State Electricity Regulatory Commission regulation. But, the
subsidy support will be limited up to 5 kWp capacity of plant.
The incentive towards subsidy to the
residential sector is capped at ₹18,000 per kW calculated at benchmark cost of ₹60,000 per kW.
The incentive to discoms for social,
institutional, government sectors, commercial and industrial sector is capped
at ₹5,500 per kW calculated at benchmark cost of ₹55,000 per kW.
The total incentive for the residential
sector stands at ₹9,000 crore for 5000 MW of
installations. The incentive to discoms is capped at ₹14,450 crore for 35,000 MW of roof top solar
installations.
The total outlay is ₹23,450 crore for 40,000 MW of roof top
solar installations.
Sector wise targets :
* Commercial and industrial sector
……….. 20,000 MW
* Government…………………………………………..
5,000 MW
* Residential……………………………………………..
5,000 MW
* Social………………………………………………………… 5,000 MW
* Institutional …………………………………………….. 5,000 MW
CURRENT STATUS
:
· * “
Bridge to India “ consultancy Estimate for 2021………… 13,200 MW
· * Actual
reached by March 2017……………………………………….. 1,396 MW
· *
Expected Addition in 2017 – 18………………………………………
1,232 MW
WHY UNSUSTAINABLE ?
Cost of 5 Kw
plant = Rs 300,000
Subsidy
@ 30 % = Rs 90,000
Balance
to be financed by owner = Rs 210,000
Interest
on Rs 2.1 lakh @ 10 % = Rs 21,000 per year ( Rs 1750 per month )
As
against this , consider what I got billed for last month by my DISCOM :
#
Fixed Charge
=
Rs 210
#
Wheeling Charge
=
Rs 360
#
Regulatory Asset Charge
=
Rs 135
#
Energy Charge
=
Rs 881
#
Fuel Adjustment Charge
=
Rs 21
#
Govt Electricity Duty ( @ 16
% ) = Rs
257
#
Maharashtra Government Tax on sale of
Electricity ( @ 16.04 p / unit ) = Rs 36
Total Bill Amount = Rs 1900 ( rounded
off for a total consumption of 228 Units )
======================================================
Does this mean that , if I were to
install a Roof Top Solar under SRISTI Scheme
, then that would amount to a monthly loss of Rs 725 ? ( Rs 1900 paid to DISCOM
currently – Rs 2625 interest on Rs 2.1 lakh of loan that I take from the bank )
Incidentally , on the web site of MNRE ,
I could not find any mention / reference of SRISTI !
I strongly suggest that MNRE ,
Take a close look at suggestions contained in my
following earlier email :
Green
Buildings ? Put Greed to Work ! [ 05 June
2017 ]
Publish on its web site ,
calculations of “ MONTHLY SAVINGS “ that a residential owner may look
forward if he were to install a 5 Kwp Roof top solar plant under the
SRISTI Scheme
23 Dec 2017
www.hemenparekh.in
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