We are Investing in Solar rooftops at Rs. 7 and below per KWh on BOOT basis as well as MW Scale Power Plants

E-mail us at info(@)natgrp.net with your project executive summary and all possible details for a Zero investment proposal.

Posted in Andhra Pradesh, Commercial, Grid Connected, Grid Interactive Distributed Solar Energy Systems, India, Industrial, Karnataka, Maharashtra, Net Metering, New Delhi, PV, Rooftop, Solar, Solar BOOT, Solar Parks, Solar PV, Tamil Nadu, Telangana | Tagged , , , , , , , , , , , , , ,

Simplification and Clarification from MNRE on import duty exemption certification

Posted in Renewables | Leave a comment

Policy for Net-Metering based Solar Rooftop Applications, Madhya Pradesh, 20

MP finally comes up with a draft for rooftop solar albeit lacklustre, just the few provisions below are barely adequate as a plan

INCENTIVES

Installation of SRPs under the policy shall be exempted from banking, wheeling and cross- subsidy surcharges as per MPERC regulation. The settlement of energy, billing period and settlement period shall be as per the MPERC regulation. The energy generated from the solar rooftop system shall be exempted from electricity duty

TAX EXEMPTIONS:-

SRPs installed under the policy shall not be considered as a “construction activity”, and as such, there shall be no liability of property tax for installation of solar panels on their rooftops or premises.

The equipment purchased for installation of Solar Rooftop projects under this policy shall be exempted from VAT and entry tax as per the exemption granted to these systems under Madhya Pradesh Solar Policy, 2012

CENTRAL INCENTIVES:-

All Eligible Consumers can avail Central Financial Assistance from MNRE as per the applicable scheme for Solar PV systems. The nodal agency shall take necessary action for processing the request accordingly.

Click for Draft_net_metering_solar_roof_top_policy_policy_madhya-pradesh

Posted in Climate Change, DISCOM, Grid Connected, India, Madhya Pradesh, Renewables, Rooftop, Solar, Solar Policy, Subsidy | Tagged , , , , , , , , , , | Leave a comment

(REC) Renewable energy certificates, battling declining demand, could be scrapped

Renewable energy certificates, battling declining demand, could be scrapped, officials said. The industry, however, sees a turnaround by 2017-18 and does not want the certificates to meet the fate of carbon credits

The market for these certificates, launched in 2010, crashed last year with over 10 million of them remaining unsold. Last month’s discovered price was Rs 3.5 per unit for solar certificates and Rs 1.5 per unit for non-solar certificates.

These prices are far below prevailing rates of solar and wind power. Of the 9.4 million certificates issued last month, 9.3 million were unsold.

A Supreme Court judgment last year empowered state electricity regulatory commissions to enforce clean energy targets and penalise captive power producers and open-access industrial consumers if they failed to meet them.

Since then 11 state regulators have issued orders, some directly imposing purchase of renewable energy certificates and others rejecting exemptions for not buying them.

Under a renewable energy purchase obligation, electricity distribution companies, open-access consumers and captive power producers must meet a part of their needs through green energy. States or utilities that are unable to fulfill their obligation can buy renewable energy certificates, which represents 1 MW-hour of power produced from a clean source. These certificates, divided into solar and non-solar, can be traded on power exchanges.

Touted as an alternative to carbon credits, the mechanism caught the industry’s imagination with companies setting up projects specially for the purpose.

Wind energy companies were first to jump in, followed by solar power producers and then other sectors like conventional energy, mining and steel. “The scrapping of the certificates could cause damage, given states are moving in the right direction,” said an industry executive.

Strengthening enforcement with proposed amendments in the Electricity Act could increase procurement,” said an industry executive.

He said as more states removed exemptions to the renewable energy purchase obligation, a substantial jump in the price of these certificates could be expected after 2017-18.

“The idea is to reform the certificate regime. Low demand has hurt it and a turnaround will take a while. We will also consider how to tackle defaulters,” an official said.

Around 1,200 projects are under the certificate mechanism with a total capacity of 5,383 MW. If large companies meet even 10 per cent of their renewable energy purchase obligation, a backlog of 17 million certificates will be cleared.

Source: Business Standard

Posted in CERC, Climate Change, Government, Grid Interactive Distributed Solar Energy Systems, India, Renewable Energy Certificates, Renewable Purchase Obligation, Renewables, Solar, Solar Policy | Tagged , , , , , , , , , , , | Leave a comment

Policy for Repowering Wind Turbines

For repowering projects Indian Renewable Energy Development Agency (IREDA) will provide an additional interest rate rebate of 0.25% over and above the interest rate rebates available to the new wind projects being financed by IREDA.

All fiscal and financial benefits available to the new wind projects will also be available to the repowering project as per applicable conditions.

Implementation Arrangements:

POLICY FOR REPOWERING OF THE WIND POWER PROJECTS

1. Introduction:

Major share of renewable power capacity in India is from wind energy. India started harnessing of the wind power prior to 1990. The present installed capacity is over 27 GW which is fourth largest in the world after China, USA and Germany.

Most of the wind-turbines installed up to the year 2000 are of capacity below 500 kW and are at sites having high wind energy potential. It is estimated that over 3000 MW capacity installation are from wind turbines of around 500 kW or below. In order to optimally utilise the wind energy resources repowering is required.

2. Objective:

Objective of the Repowering Policy is to promote optimum utilisation of wind energy resources by creating facilitative framework for repowering.

3. Eligibility:

Initially wind turbine generators of capacity 1 MW and below would be eligible for repowering under the policy. Based on the experience, Ministry of New & Renewable Energy (MNRE) can extend the repowering policy to other projects also.

4. Incentive:

The repowering projects would be implemented through the respective State Nodal Agency/Organisation involved in promotion of wind energy in the State.

Support to be provided by States:

In case augmentation of transmission system from pooling station onwards is required the same will be carried out by the respective State Transmission Utility.

In case of power being procured by State Discoms through PPA, the power generated corresponding to average of last three years’ generation prior to repowering would continue to be procured on the terms of PPA in-force and remaining additional generation would either be purchased by Discoms at Feed-in-Tariff applicable in the State at the time of commissioning of the repowering project and/or allowed for third party sale.

State will facilitate acquiring additional footprint required for higher capacity turbines.

For placing of wind turbines 7D x 5D criteria would be relaxed for micro siting.

 

A wind farm/turbine undergoing repowering would be exempted from not honouring the PPA for the non-availability of generation from wind farm/turbine during the period of execution of repowering. Similarly, in case of repowering by captive user they will be allowed to purchase power from grid during the period of execution of repowering, on payment of charges as determined by the regulator.

Financial Outlay:

No additional financial liability to be met by the MNRE for implementing the Repowering Policy. The repowering projects may avail Accelerated Depreciation benefit or GBI as per the conditions applicable to new wind power projects.

8. Review:

The Repowering Policy would be reviewed by the Government as and when required.

Click here for the Policy

Repowering-Policy-of-the-Wind-Power-Projects

Posted in India, MNRE, Policy, Renewables, Wind | Tagged , , , | Leave a comment

SECI DRAFT 1000 MW GRID CONNECTED ROOF TOP SOLAR PV SCHEME FOR GOVERNMENT BUILDINGS UNDER CAPEX AND RESCO MODELS

SOLAR ENERGY CORPORATION OF INDIA LIMITED

DRAFT 1000 MW GRID CONNECTED ROOF TOP SOLAR PV SCHEME

FOR GOVERNMENT BUILDINGS UNDER CAPEX AND RESCO MODELS

Scheme with aggregate capacity of 1000 MWp rooftop solar PV system.  Two Models – CAPEX and RESCO

“CAPEX MODEL”

The bidder enters into an Agreement with the rooftop owner at the quoted project cost as per RFS for the scope of work not limited to that indicated in the RFS as per mutually agreed terms and conditions. This model also allows energy sale at a tariff as per RFS.

“RESCO MODEL”

The bidders intend to take a rooftop owned by some other entity on mutually agreed terms and conditions including lease agreement from the roof top owner(s) and enters into the PPA with rooftop owner (here it is Government Deptt., owner of the building) for supply of Solar power for 25 years at a tariff as per RFS from the date of Commissioning of project.

Click below for the full document

1000-MW-GC-Rooftop-Solar-PV-scheme-for Gov-Building

Screenshot 2016-08-22 10.35.33

Posted in Government, India, MNRE, Power Generation, Renewables, Rooftop, Solar, Subsidy | Tagged , , , , , , , , , , | Leave a comment

Draft Guidelines for Tariff Based Competitive Bidding Process for Grid Connected Solar PV Power Projects – 2016

Objectives of the Guidelines

Promotion of competition in the electricity industry in India is one of the key objectives of the Electricity Act, 2003. Power purchase costs constitute the largest cost element for distribution licensees.

Competitive procurement of electricity by the distribution licensees is expected to reduce the overall cost of procurement of power and facilitate development of power markets. Internationally, competition in wholesale electricity markets has led to reduction in prices of electricity and in significant benefits for consumers. Section 61 & 62 of the Act provide for tariff regulation and determination of tariff of generation, transmission, wheeling and retail sale of electricity by the Appropriate Commission.

As per proviso of Section 61 read with Section 178(2) of the Electricity Act, 2003, the Terms and Conditions for Tariff determination from Renewable Energy Sources Regulations, 2012 were framed by the Central Electricity Regulatory Commission (CERC) in February, 2012. Further, section 63 of the Act states that – “Notwithstanding anything contained in section 62, the Appropriate Commission shall adopt the tariff if such tariff has been determined through transparent process of bidding in accordance with the guidelines issued by the Central Government.” These guidelines have been framed to cover grid connected Solar PV Power Projects under the above provisions of section 63 of the Act. 5

The specific objectives of these guidelines are as follows:

1. To facilitate the scale up of solar capacity addition and achieve economies of scale

2. Promote competitive procurement of electricity from Renewable Energy Sources (Solar) by distribution licensees;

3. Facilitate transparency and fairness in procurement processes;

4. Facilitate fulfillment of Renewable Purchase Obligation (RPO) requirement of the obligated entities;

5. Facilitate reduction of information asymmetries for various Bidders;

6. Protect consumer interests by facilitating competitive conditions in procurement of electricity;

7. Enhance standardization and reduce ambiguity and hence time for materialization of projects;

8. Provide flexibility to sellers on internal operations while ensuring certainty on availability of power and tariffs for buyers.

9. Bring uniformity in tendering by various agencies including State utilities which will facilitate investment 10. Ensure bankability

Amended-Draft-SBG-for-Solar-PV-power-projects-15072016

Posted in DISCOM, Grid Connected, Grid Interactive Distributed Solar Energy Systems, India, Policy, Power Generation, Regulations and Procedures, Renewables, Solar | Tagged , , , , , , , , , , , | Leave a comment

Programme/ Scheme wise Physical Progress in 2016-17 (& during the month of June, 2016)

Ministry of New & Renewable Energy
Programme/ Scheme wise Physical Progress in 2016-17 (& during the month of June, 2016)
Sector FY- 2016-17 Cumulative Achievements
Target Achievement (as on 30.06.2016)
I.   GRID-INTERACTIVE POWER (CAPACITIES IN MW)
Wind Power 4000.00 373.95 27151.40
Solar Power 12000.00 1031.48 7805.34
Small Hydro Power 250.00 30.32 4304.27
BioPower (Biomass & Gasification and Bagasse Cogeneration) 400.00 29.50 4860.83
Waste to Power 10.00 0.00 115.08
Total 16660.00 1465.25 44236.92
II.  OFF-GRID/ CAPTIVE POWER (CAPACITIES IN MWEQ)
Waste to Energy 15.00 0.00 160.16
Biomass(non-bagasse) Cogeneration 60.00 0.00 651.91
Biomass Gasifiers
-Rural
-Industrial
2.00 0.00 18.15
8.00 0.00 164.24
Aero-Genrators/Hybrid systems 0.30 0.00 2.69
SPV Systems 100.00 3.40 325.40
Water mills/micro hydel 1.00 0.00 18.71
Total 186.30 3.40 1341.26
III.  OTHER RENEWABLE ENERGY SYSTEMS
Family Biogas Plants (in Lakhs) 1.10 0.00 48.55
Posted in Bagasse, Biofuels, Biomass, India, Power Generation, PV, Renewables, Rooftop, Rural Lighting, Solar, Solar Parks, Solar Policy, Solar Pumps, Solar PV | Tagged , , , , , , , , , , , , , | Leave a comment