Watch | One crore households to get 300 items free electrical energy each month by rooftop solarisation
Taking cue from Prime Minister Narendra Modi’s assurance following the Ayodhya temple consecration that one crore households will likely be electrified by way of rooftop photo voltaic installations, Union Finance Minister Nirmala Sitharaman in her Interim Budget 2024-25, reiterated that dedication. “Through rooftop solarisation, one crore households will be enabled to obtain up to 300 units free electricity every month…. this would translate to benefits of ₹15,000-18,000 annually for households from free solar electricity and selling the surplus to the distribution companies,” she mentioned in her deal with.
The common all India family consumption of electrical energy is about 100 items a month, with solely few States akin to Delhi approaching near 300 items, recommend public knowledge. The net-metering coverage permits customers of rooftop solar energy to provide their surplus energy again to the grid and thus offsetting their electrical energy payments.
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Whether the federal government would fund new installations or solely subsidise these putting in new ones — the latter has been a apply for years — and the demographic that the scheme was concentrating on was not laid out in Ms. Sitharaman’s deal with.
Last 12 months, the federal government spent ₹2,167 crore on its rooftop solar energy programme and for 2024-25, it has budgeted ₹4,555 crore, in accordance with the Budget paperwork up to date on Thursday.
India at present has about 11 GW of put in rooftop photo voltaic capability, of which solely 2.7 GW are in residential items and the remainder in business or industrial areas. There isn’t any centralised nationwide estimate of what number of of India’s estimated 30 crore households have rooftop photo voltaic items, although as The Hindu reported final month citing estimates from specialists, it’s unlikely to be over 10 lakh. The Finance Minister additionally didn’t point out a time line for the installations.
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The Ministry of New and Renewable Energy (MNRE) estimates the price of putting in a 1-2 kW (kilowatt) system at about ₹43,000 per unit. Units as much as 3kW are eligible for a subsidy of about ₹14,000 per unit.
India’s low uptake of rooftop photo voltaic techniques is essentially as a consequence of restricted electrical energy consumption and current subsidies for coal-fired electrical energy that make even subsidised solar energy costly, urged the results of a analysis spanning 14,000 households throughout 21 States, a research by the Council on Energy, Environment and Water (CEEW) had reported in November 2023.
Neeraj Kuldeep, Senior Programme Lead, CEEW mentioned in a press release on Thursday that 20-25 GW value of rooftop photo voltaic capability might be supported by solarisation of 1 crore households. Residential shoppers obtain subsidised electrical energy from distribution corporations (discom) and had been such households to ‘solarise,’ it will save discoms about ₹2 lakh crore over the subsequent 25 years (the photo voltaic plant’s life). “All States can leverage this chance as rooftop photo voltaic potential exists in all places, not like utility-scale photo voltaic (photo voltaic parks), which is primarily restricted to seven RE-rich States, he added.
Because solar energy is barely accessible through the day and battery storage techniques are costly, the worldwide expertise with rooftop photo voltaic is that the majority households with photo voltaic panels additionally depend on electrical energy from the grid.
Ms. Sitharaman additionally introduced a ‘viability gap funding’ to assist the capital intensive offshore wind sector, of as much as 1 gigawatt capability. These are wind farms positioned within the sea.
Though no particulars or budgetary allocations had been introduced, it’s anticipated to encourage non-public sector investments within the sector, with the federal government committing to pitch in with a portion of the required set up prices.
Sea-based windfarms are costly however on condition that robust winds are extra constant within the sea, they’re projected as being extra dependable sources of wind energy. India at present has about 44 GW of wind set up, all on land. Studies present a possible of virtually 72 GW of offshore wind from the seas off Gujarat and Tamil Nadu.