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Top Five Stories In India: Government Extends Rooftop Solar Programme till March 2026; India Achieves 166 GW of Renewable Energy Capacity till October; And More

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Government Extends Rooftop Solar Programme till March 2026

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The Rooftop Solar Programme has been extended till 31.03.2026 and therefore, subsidy under the programme will be available until the target under the Programme is achieved. All residential consumers are hereby advised not to pay any additional charges to any vendor on account of fee for application on the National Portal or any additional charges for net-metering/testing which are not prescribed by the respective distribution company. In case such charges are demanded by any vendor/agency/person, the same may be intimated to the respective distribution company and to this Ministry, said in a statement. On the National Portal, any consumer willing to install rooftop solar from any part of the country can apply and track the complete process starting from registration to release of subsidy directly into his bank account. The subsidy under National Portal has been fixed at Rs. 14,588/- per kW (for capacity upto 3 kW) for the entire country and residential consumers have to install rooftop solar plant from any one of the vendors registered by the respective distribution company of their locality.

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The list of registered vendors is also available on the National Portal. To safeguard the interest of consumers, format of agreement to be signed between the vendor and the consumers has been given on National Portal. The terms of agreement can be mutually agreed. The vendor has to provide maintenance services to the consumer for at least 5 years and in case of any default the respective distribution company can encash the performance bank guarantee of the vendor. There is no fee for application on the National Portal and also the charges for net-metering have been prescribed by the respective distribution companies. Further, no charges to be paid to any vendor or distribution company for receiving subsidy and subsidy will be credited directly into the bank account of the beneficiary by the Ministry.

Ministry is implementing Rooftop Solar Programme Phase-II wherein CFA/subsidy is being provided to residential consumers for installation of rooftop solar. To ease out the implementation of the Programme, a National Portal was developed which was launched by Hon’ble Prime Minister on 30.07.2022.

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India Achieves 166 GW of Renewable Energy Capacity till October

The Indian renewable energy capacity has risen to 165.94GW till October, compared with the 175GW target for 2022. Parliament was informed on Thursday. In a written response to Lok Sabha, R K Singh, Power and New & Renewable Energy Minister stated that “Against the target for achieving 175 GW Renewable Energy installed capacity by 2022”, a total of 165.94 GW (including large-hydro) of renewable energy capacity has been installed in the country as on October 31,2022. Singh informed the House that 76.13 GW of renewables is in various stages of implementation, and 36.44GW is currently under bidding.

The Ministry of New and Renewable Energy has set a goal to achieve 500 GW of installed electricity from non-fossil sources in 2030, following the announcement made by the Prime Minister at COP26. Singh explained that the country has 172.72GW of non-fossil-fuel-based energy resources as of October 31, 2022. This includes 119.09GW Renewable Energy, 46.85GW Large Hydro, and 6.78GW Nuclear Power. This account represents 42.26 percent of the total installed capacity of the country i.e. 408.71 GW at October 31, 2022. “In 2015 the Government set a goal to install 175,000 MW of renewable energy capacity by 2022. Of this, 60,000 MW were targeted to be from wind power projects.

MSEDCL Floats Tender For 300 MW Solar Power Projects Under PM-KUSUM

Under the Pradhan Mantri-Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program Component A, Maharashtra State Electricity Distribution Company (MSEDCL) has requested bids for the purchase of 300 MW of solar electricity from decentralized solar installations with capacities ranging from 500 kW to 2 MW. The proposals must be submitted online by January 9, 2023. Bidders will be required to submit an earnest money deposit of Rs. 100,000/MW. Within 30 days of receiving the letter of award, the winning bidder must provide a performance bank guarantee for Rs. 500,000/MW.

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According to the tender document, the minimum and maximum individual project capacities to be developed are 500 kW and 2 MW, respectively, and MSEDCL has set a maximum tariff of Rs. 3.30/kWh. With the chosen bidders, MSEDCL will enter into a power purchase agreement (PPA) lasting 25 years from the project’s date of commercial operation.

According to MSEDCL, the declared capacity utilization factor (CUF) over a year should never be less than 15%. If the project is developed on leased land, the bidder’s net worth must not be less than Rs. 10 million/MW of the quoted capacity. A minimum yearly turnover of Rs. 2.5 million/MW of the specified capacity should have been achieved by bidders during the previous fiscal year.

Kerala Plans To Become 100% Renewable Energy-based State by 2040: Chief Minister

During the inauguration ceremony for the India Climate and Development Partners’ Meet, Chief Minister Pinarayi Vijayan stated that Kerala aims to become a state that is 100% renewable energy-based by 2040 and a net-carbon-neutral state in 2050. The event was organized by the State government and the World Bank in Thiruvananthapuram, on December 7. The Kerala State Action Plan on Climate Change 2023-2030 (Kerala SAPCC2.0) was released by the Chief Minister. He spoke about the many programmes and plans that the government has developed to help Kerala achieve its goals of using 100% renewable energy in 2040 and becoming carbon neutral by 2050, reports The Hindu. Due to its geographical position, Kerala is vulnerable to climate-related calamities. Therefore, the government released a new plan to combat climate change, Mr Vijayan said.

According to Mr Vijayan the Kerala SAPCC is an “inclusive and sustainable” strategy that focuses on climate change adaptation in key sectors. He stated that the SAPCC also seeks to improve the resilience of vulnerable people to climate-related risks. According to the CM, it is crucial that all parties involved work together to address climate change. It has quickly become a major threat to the environment and humanity. As a first step, he claimed that the southern states has published a new climate change action plan.

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NTPC Awards BESS 500 MW/3000 MWh Tender To Greenko Energies At Tariff Rs 2.79 Million/MWh/year

NTPC Renewable Energy Limited (NTPC REL) has revealed the winner of their ISTS-connected energy storage system tender of 3,000 MWh capacity and a minimum 500 MW capacity, with a final price of Rs 2.79 Million/MWh/year. Greenko Energies Pvt Ltd won the entire capacity of above tender by quoting the minimum price. The offer was issued by NTPC REL in January this year. The minimum bidding capacity was set at 100 MW/600 MWh. Bidders were allowed to offer proposals of 100 MW/600 MWh; 200 MW/1,200 MWh; 300 MW/1,800 MWh; 400MW/2,400 MWh; and 500 MW/3,000 MWh. Other companies participated in the auction includes IndiGrid 1, JSW Neo Energy, Enel Green and Hinduja Renewables.

Hinduja Renewables quoted the highest tariff of Rs. 10.1 Million where as the second lowest bid was from HES Infra at Rs. 3.77 Million. There is a big difference between the winning bid and the second most competitive bid. According to the tender guidelines, the project is planned on a build, own, and operate basis. NTPC will now enter into a 25-year energy storage service agreement with Greenko Energies on an annual fixed cost basis.

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