Net Metering Net metering systems are primarily aimed at providing an opportunity to consumers to offset their electricity bills, wherein a single meter records both import of conventional energy from distribution grid and export of solar energy into distribution grid. Thus, net metering allows the final user to credit produced Read more
In India principally there are two major business models:1. Capex: Capital expenditures are provided by the rooftop owner;2. Resco: Capital expenditures are covered by third party. CAPEX Model CAPEX mode is the most common business model for solar deployment in India. In this model the consumer purchases the solar system, Read more
Under this arrangement, the RESCO developer leases the rooftop and pays a fixed lease/rental to the building owner over the time of the lease period for installing the solar panels of the rooftop. The RESCO developer exports the solar energy to the utility at a predetermined feed-in-tariff (FiT) approved by Read more
Here the RESCO developer invests in solar rooftop asset, and sells the generated power to the building owner in favor of a lower solar power tariff. The excess power could be sold by the building owner to the utility through net metering system.
Government of India has taken an ambitious targets of 100,000 MW of solar power by 2022 out of which 40,000 MW is to be achieved through Rooftop Solar (RTS) power plants as per the clean climate commitments. Realizing our immense RTS potential and the ambitious targets, MNRE had launched Grid Read more
As no Central financial subsidy is now available for commercial and industrial sectors, MNRE initiated the proposal for multilateralconcessional loans from the World Bank (WB), Asian Development Bank (ADB) and New Development Bank (NDB) to support RTS project developers. All the three multilateral banks have approved proposal for$1370million concessional loans Read more
MNRE is also focusing on upcoming buildings/new construction so that these have RTS installation as a mandatory requirement. ULBs play a pivotal role in accelerating the RTS in new construction in their area byimplementing Model Building Bye-laws. To enable RTS development from planning stage, Ministry of Urban Development (MoUD) has Read more
To ease and expedite the process of RTS implementation in Government sector, model bidding documents for both CAPEX and RESCO modes has been developed by MNRE; i.e. Memorandum of Understanding (MoU) forexecution between Organisation /Urban Local Bodies/Ministry /Departments and PSU, Engineering, Procurement and Construction(EPC) Agreement for CAPEX /Ownership model and Read more
Following the Paris Club Agreement, India took up an ambitious plan of adding 175 GW of renewable power. Of this, solar energy (100 GW) comprises a major part of 175 GW target followed by wind (60 GW), biomass (10 GW) and small hydroelectric (5 GW). The target of 100 GW Read more
MNRE has been collating data about RTS potential of rooftops and surplus areas of Government building premises of various Ministries/Departments. Commitment Certificates of about 3800MWp has been recei ved from different Mini s tries / Departments. To expedite the RTS installationon these in Ministerial and Departmental buildings, MNRE has shortlisted Read more