My Take :
Ø Is Sun setting on Solar ? …………………… 20 Sept 2018
Extract :
What is the way out ?
· Shift focus to Roof Top Solar ( of course , continue with Utility Scale )
· Why Roof Top ?
No Govt tendering / No transmission lines / No PPA with DISCOMs / No metering
No land cost / Hundreds of small suppliers who will compete / quote / install / commission / maintain / service / 30 % Govt subsidy
· What is holding back the roof top ?
# Local permissions / Subsidy procedures / Balance 70 % of Capital
Cost to be borrowed from banks @ 15 % interest ( tedious procedures
/ guarantees / collaterals ) . Individuals stand no chance. Only Coop
Hsg Societies benefit
# Bribing of electricity suppliers’ officers for “ reverse metering “
# Non availability to store the power for use at night ( lack of Storage
Batteries )
· What is required to be done ?
# Amend Electricity Act
Anyone can generate solar power , anywhere , any time and
sell to any one at any price
With regards,
Hemen Parekh
Create Your Own Digital Avatar // 30 Jan 2024
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