CleanTech/ Renewable Energy, Finance, Green Building / LEED/ BEE, Other, Solar-Offgrid

MNRE sanctioned 15780 off-grid SPV power plants of 13.25 MW total capacity in 2012-13

The Ministry has sanctioned 15780 off-grid solar photovoltaic (SPV) power plants of total capacity of 13.25 MWp to be installed on individual houses in the country during 2012-13.

Under the Off-grid and Decentralized Solar Applications Scheme of Jawaharlal Nehru National Solar Mission the Ministry of New & Renewable Energy is providing a subsidy of 30% of the project cost limited to Rs. 72 per Wp for installation of standalone power plants having module capacity upto 1 kWp on the roof tops of individual houses in the country including rural areas.


One thought on “MNRE sanctioned 15780 off-grid SPV power plants of 13.25 MW total capacity in 2012-13

  1. Rs. 7.2 Crore x 13.3 = Rs. 95.4 Crore subsidy…..How MNRE is going to ensure that these projects are running or defunct (many of them are already defunct as expressed in many Seminars) and what is the use of wasting public money in the form of Capital Subsidy?? Is there any sanctity or responsibility?? Why drain public money, if the intended purpose is not met….The CAPEX per MW = 7.2/0.3 = Rs. 24 Crore/MW (i.e Rs. 240/wp??!!), whereas Ground Mounted system costs you around Rs. 8 to 10 Crore/MW during this period. What a wrong business eco system?? Pay double to for nothing and then waste the Subsidy ?? Is this the way INDIA should promote Roof top system?? Are we Engineers and Good administrators with good business sense?? Is this the right time to spend on Roof top? Is this the way the policies are driven ?? With Accelerated Depreciation, we made few companies to avoid the genuine tax collections, which is a further drain to our INDIAN economy…… People talk too many irrational things without holistic approach…. these kinds of projects or policies are highly unsustainable and we should stop for a while and implement with a transparent and meaningful business case which shall be understood by everyone to promote small entrepreneurs with the access to low cost funds…

    Posted by praveen Kulkarni | March 16, 2013, 11:13 am

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