Thursday, October 25, 2012

Know more about SOLAR POWER

  6. Initiative aimed at domestic consumers; applicants can buy power sets from approved vendors
  7. The scheme of generation-based incentive (GBI), essentially aimed at covering domestic consumers, will be
  8. administered jointly by the Tamil Nadu Energy Development Agency (Teda) and the Tamil Nadu Generation and
  9. Distribution Corporation (Tangedco).
  10. Included in the recently-unveiled Solar Energy Policy, the scheme envisages providing Rs. 2 per unit for the first two
  11. years; Re. 1 per unit for the next two years and 50 paise per unit for the subsequent two years.
  12. This will be applicable for all solar or solar-wind hybrid rooftop installations to be set up before March 31, 2014.
  13. The State government’s incentive will be in addition to the subsidy being offered by the Union ministry of new and
  14. renewable energy. The incentive scheme will be, as of now, more relevant in the case of off-grid solar photovoltaic
  15. (SPV) plants for the benefit of domestic consumers.
  16. If a domestic consumer wants to put up a kilo watt (KW) SPV plant, the cost will be around Rs. 2 lakh. Of this, the
  17. Union ministry’s subsidy will be Rs. 81,000. A 100-KW plant, which may be useful to a commercial establishment or
  18. an educational institution, costs around Rs. 1.8 crore, of which the Centre’s subsidy will be about Rs. 80 lakh.
  19. Explaining features of the scheme, sources say the eventual consumers do not have to approach the Teda directly.
  20. There are about 120 vendors approved by the agency, from whom the SPV sets can be purchased.
  21. The vendors will charge the consumers, excluding the amount of subsidy allowed. They will then apply to the Teda for
  22. approvals for the Central subsidy and the State government’s incentive.
  23. As regards the role of Tangedco, assessors will visit the premises of those domestic consumers who have gone in for
  24. solar power installations.
  25. There will have to be separate meters to calculate generation of solar power and Tangedco officials will prepare power
  26. bills, after adjusting the incentive amount.
  27. With respect to solar power systems installed in individual homes which are connected to the grid, the facility of net
  28. metering will be allowed for feeding excess power to the grid with power credits accruing to photovoltaic energy
  29. producers.
  30. Keywords: TANGEDCO incentives, domestic consumers, solar power, Tamil Nadu government
  32. “Solar power beneficial to small firms” Solar-powered streetlights planned

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