The year 2017 saw a dip in investments flowing into the Indian RE sector shown below figure. From a total of USD 13.7 billion investments made in 2016, there was a 20% drop to about USD 10.9 billion investment flow in the year 201711. Out of this, the solar and Read more
SECI has undertaken competitive bidding at national level for 50 MWp grid connected rooftop projects in RESCO mode on buildings of Central Public Works Department. In this scheme Power Purchase Agreements havebeen signed between CPWD and various developers on the basis of allotment and installation is into progress
Ideally, solar installations should be on land that is waste and barren. Such land is unequally available across States. Many Indian states have large tracts of fertile agricultural land which is now being converted to industrial land for setting up solar power plants. Such change of land use, if effected Read more
SECI has undertaken competitive bidding at a national level for 500 MWp grid-connected rooftop projects. CFA (subsidy) of 30% of the benchmark cost for residential, institutional and social sector will be provided through SECI under this scheme. A total of 122 developer/Installers have been selected forRTS installations across the country. Read more
A quick review of solar endowed major state policies shows that a majority of these states have put the onus of acquiring land (and changing its purpose of use if needed) on the developers S.No. Policy Land 1 Gujarat Solar Power Policy 2015 The developer is responsible for obtaining the Read more
Solar parks were designed to reduce the bottlenecks and bring down the cost of large- scale solar development. Developers pay for multiple heads of land development charges like land application fees (non-refundable one time), upfront development fee, annual leases of land, annual operation and maintenance charge, stamp duties for registration Read more
MNRE is also promoting off-grid renewable energy systems and solutions especially in the rural and remote areas of the country. The off-grid systems are significant from the perspective of hot water requirements of the residential, commercial and industrial sector, cooking energy needs in the rural areas, lighting needs in remote Read more
In grid-connected rooftop or small SPV system, the DC power generated from SPV panel is converted to AC power using a power conditioning unit and is fed to the grid either of 33 kV/11 kV three-phase lines or of 440V/220V three/single phase line depending on the local technical and legal Read more
MNRE provides Central finance assistance (CFA) of 30 per cent of the benchmark cost for grid-connected rooftop projects. (The benchmark cost for 2019-20 for systems up to 10 kWp is INR 54,000 per kW; for >10–100 kWp it is INR 48,000 per kW; and for >100–500 kWp is 45,000 per Read more
The limit on the capacity of an individual solar rooftop system variesacross states. A consumer in Delhi can install a system of a capacitymatching his sanctioned load; in Madhya Pradesh, the maximum capacityof the system can only be 50 percent of the load.