| Fact Sheet on Grid Connected Solar Rooftop Systems
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Ministry
of New and Renewable Energy, Government of India is implementing a ‘Grid
Connected Rooftop and Small Solar Power Plants Programme’ to promote grid
connected solar rooftop systems in the country. During 12th Five Year
Plan a target of 300 MWp with financial outlay of 600 crore was set by the
Ministry. Government of India has now revised the target for installation of 40
GWp grid connected solar rooftop systems by 2022 in the country.
Ø So
far, 360 MWp solar rooftop systems have been sanctioned of which 50 MWp have
been sanctioned under the ‘Grid Connected Rooftop and Small Solar Power Plants
Programme’ and 310 MWp under 5 nos. projects under National Clean Energy Fund
(NCEF). So far, about 100 MWp aggregate capacity has been installed in the
country. These systems have been installed in residential, industrial,
commercial and institutional sectors. Solar rooftop projects are being
implemented by State Nodal Agencies (SNA’s), Solar Energy Corporation of India
(SECI), Public Sector Undertakings (PSUs) and other Multi Government Agencies
(MGAs), Private Developers etc.
Ø The
major infrastructure sector i.e. Metro Rail Projects, Railways, Airports, Jal
Boards, Shipping, Sports Stadia, Oil Companies, Factories etc. are also coming
forward for installation of Grid Connected Solar Rooftop Plants. The
in-principle approval has been considered for 1560 MWp projects to Solar Energy
Corporation of India (750 MWp), Ministry of Railways (450 MWp), Delhi Jal Board
(16 MWp), Kochi Metro Rail (4 MWp) and Delhi Metro Rail (30 MWp), Chandigarh (10
MWp) and Tamil Nadu (300 MWp). The proposals from other States and sectors are
being received.
Ø Previously
the subsidy level was 30% which has been reduced to 15% for installation of grid
connected solar rooftop systems. This subsidy is not applicable for commercial
and industrial categories of buildings.
Ø The
Government has approved total amount of Rs. 5,000 crore spread over a period of
5 years from National Clean Energy Fund (NCEF). Accordingly, the note for
approval of Cabinet Committee on Economic Affairs (CCEA) has been submitted.
With 15% subsidy about 4,200 MWp aggregate capacity is expected to be set up
with this fund.
Ø This
4200 MWp will create the market, build the confidence of the consumers and will
enable the balance capacity to come up in parallel through market mode to
achieve the target of 40,000 MWp by 2022.
Ø The
year-wise breakup of the financial outlay and the corresponding target and major
activities is given is as under:
Ø
Ø State
Electricity Regulatory Commissions of 20 States/UTs namely Andhra Pradesh,
Chhattisgarh, Delhi, Haryana, Karnataka, Kerala, Odisha, Rajasthan, Tamil Nadu,
Uttar Pradesh, Uttarakhand, West Bengal, Andaman & Nicobar, Chandigarh,
Dadra & Nagar Haveli, Daman & Diu, Lakshadweep, Pondicherry , Goa and
Gujarat have notified regulations for net metering/feed-in-tariff mechanism.
Ø So
far, 15 States namely Andhra Pradesh, Chhattisgarh, Gujarat, Haryana, Himachal
Pradesh, Karnataka, Kerala, Manipur, Punjab, Rajasthan, Tamil Nadu, Telangana,
Uttar Pradesh, Uttarakhand and West Bengal have come out with Solar Policy
supporting grid connected rooftop systems.
Ø Recently,
Reserve Bank of India has included renewable energy projects under priority
sector lending for which bank loans up to a limit of Rs. 15 crore to borrowers
will be available for renewable energy projects including grid connected solar
rooftop and ground mounted systems. For individual households, the loan limit is
Rs. 10 lakh per borrower.
Ø Department
of Financial Services has advised all Public Sector Banks to provide loans for
grid connected rooftop solar systems as home loan/ home improvement loan. So
far, ten PSBs namely Bank of India, Syndicate Bank, State Bank of India, Dena
Bank, Central Bank of India, Punjab National Bank, Allahabad Bank, Indian Bank,
Indian Overseas Bank and State Bank of Bikaner & Jaipur have given
instructions to their branches.
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