Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Thursday, January 25, 2024

Suryodaya Yojana

 How can Govt overcome these obstacles ?


By incentivizing :

Consumers
By giving 100 % subsidy . Totally FREE installation of 3 Kw Roof Top
Solar

DISCOMS
By fully compensating for loss of revenue + some incentive

Funding Agency ( REC )
By transferring all Carbon Credits earned by 1 crore ( 10 million )
installations
================================
Can your proposal be made more attractive to the Central Government ?

Certainly,

#  Merge Suryodaya Yojana with National Efficient Cooking Program

- announced by Shri Singh , MNRE ( through EESL ) are in the process of distributing 20 lakh 1.5 Kw Induction Electric Stoves

Under my proposal, this number to be raised to 1 crore ( 10 million ) AND those eligible for free RTS , will also get a FREE electric stove
No one else will get that FREE stove

How will this help ?

3 Kw RTS will generate 360 units / month

Out of this, family will use only 80 units for lighting-Fans- Fridge etc, leaving 280 units / month, un-utilized

If this surplus power is fed back to DISCOM, it will earn :

Rs 3 / unit x 280 units = Rs 840 / month

Let us consider alternate scenario as follows :

280 units / month = 9 units / day ( for 30 days )

Now electric stove is 1.5 Kw . If used for 4 hours/day , it will consume only 6 units/day ( 180 units/month )

So, the family will now feed into the GRID ( through Net Metering ), balance 100 units ( 280 – 180 for stove )

And earn Rs 300 / month ( from DISCOM @ Rs 3 / unit ) – instead of Rs 840 / month

BUT ,
Now that family will NOT need any LPG cylinder for cooking

A unsubsidized LPG cylinder could cost Rs 900

A subsidized cylinder costs the poor family , Rs 600 ( after subsidy of Rs 300 / cylinder for 12 cylinders / year )

Hence , by using an Electric Stove (coupled with 3 KW solar panel ), that family will give up Rs 300 subsidy

But , country as a whole , will reduce its LPG import bill by Rs 900 / month / each poor family

Multiplying with 1 crore families works out to Rs 900 crore / month = Rs 10,800 crore / year

And all it takes to save this FOREIGN EXCHANGE is 1 crore Electric stoves , whose purchase price EESL can bring down from Rs 2,000 each to Rs 1,000 each , by MASS PURCHASE

In which case , total purchase cost ( investment ) could be > Rs 1,000 x 1 crore = Rs 1,000 crore

Resulting in a approx. saving of Rs  11,000 crore

Now consider this :

#  Current number of poor families covered under UJWALA scheme  .. 9.6 Crore
#  Revised target for coverage …..10.35 crore

If electric stoves were given to 10 crore UJWALA families , SAVING will be, Rs 1.1 LAKH*CRORE / year

Proposed solar-powered cooker will be entitled to 51.48 carbon
credits per year.

Each Solar Cooker User will earn $ 514.8 / year by way of selling Carbon Credits .

That is approx.. Rs 41,200 ( at $ 1 = Rs 80 )

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