22nd Nov 2017

BSES Rajdhani Power Ltd.

Agenda

• Delhi Solar Policy – Key Highlights

• Capacity Addition and RPO Targets

• BRPL- Net-Metering Status

• Business Models

Delhi Solar Policy – Key Highlights (1/2) • Notified dated: 27 Sept 2016

• Achieve aggressive rooftop solar growth in Delhi – 1.0 GW by 2020 (14% of peak load, 4.2% of total energy consumed)

– 2.0 GW by 2025 (21% of peak load, 6.6% of total energy consumed)

• Ensure fairness for all stakeholders in the solar ecosystem – Rooftop owners in all consumer segments, Discoms, investors, technology

and services providers, non-rooftop solar and non-solar power consumers & manufacturers.

• DISCOM Perspective: – The DISCOMS shall give priority and preference to sourcing at least 75% of

their RPO targets within the state of Delhi.

– All solar energy generated at a net metered connection site in a DISCOM’s territory shall count towards that DISCOM’s RPO target.

• Mandatory for all govt. buildings with rooftop area of 500 m2.

Delhi Solar Policy – Key Highlights (2/2)

• Generation Based Incentive (GBI)

– a limited-time GBI for existing and future Net Metered connections in the domestic/residential segment only.

– Variable domestic tariff structure (above fixed charge of INR 100 p.m.):

– GBI of INR 2/solar unit generated from 1100 kWh Upto 1500 kWh per KWp.

– On first come first serve basis for 3 yrs.

– This step will reduce payback time by 1-2 years and increase adoption.

Units 0-200 201-400 401-800 801-1200 1200+

Tariff (INR) 4 5.95 7.30 8.10 8.75

Capacity Addition and RPO Targets

GOI Targets NTP and

MoP Trajectory

Delhi Solar Policy

DERC

175 GW Renewable Energy Capacity Addition by March 2022 o 100 GW Solar -

60 GW from grid scale solar farm, 40 GW from rooftop Solar PV

o 60 GW Wind o 10 GW Bio mass

and 5 GW small Hydro

National Tariff Policy 2016

o Target of 8% Solar RPO (excl. Hydro from total generation)

about 7.2% of total generation from Solar

MoP - RPO targets

Target for rooftop solar by 2022 has been set at 1503 MW and by 2025 target is 1995 MW BRPL targets derived: o 600 MW by 2022 o 800 MW by 2025

Yet to adopt the targets formally through necessary Regulatory framework

Current RPO as per DERC Regulations for 2016-17 is: o Solar - 0.35%, o Non Solar - 9.0%, o Total - 9.35%

Long Term Trajectory 2016-17 2017-18 2018-19

Non-Solar 8.75% 9.50% 10.25%

Solar 2.75% 4.75% 6.75%

Total 11.50% 14.25% 17.00%

BRPL- Net-Metering Status

• 411 Installations Completed till date , 12.50 MWp

– Y1: 90 nos, 3.2 MWp, Y2: 143 nos, 3.38 MWp , Y3 : 178 Nos. 7 months , 5.92 MWp

• Another 17 MWp in process

• Interest from all segments

• Higher Participation from Residential (Nos.) & Institutions (Capacity)

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BRPL Initiatives • Study with GIZ:

– Large scale Grid Integration study with GIZ

• Objective is to know the impact on Distribution Network by large scale integration of distributed PV plants in the electricity distribution system

• Study with TERI: – Impact Assessment Study of increasing Rooftop Solar PV penetration with

TERI:

• Objective is to know about conducting a load flow study for facilitation of a Solar PV rooftop

• System Augmentation / Planning with penetration of solar PV rooftop

• Study with USAID / NEXANT: • Implementing options of Customer Centric Business models & Consumer

Aggregation

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Utility Anchored Procurement: Facilitation Model - EPC

Consumers

BRPL Quality Equipments Vendor Assignment

Developer

Standard EPC agreement

EoI – vendor enrolment agreement

Customer Enrolment Aggregated customer list

Utility Anchored : Facilitation - RESCO Model

Consumers

Utility Customer aggregation

Facilitation Charges

RESCO

Power Purchase Agreement

Facilitation Agreement

Utility tariff

RESCO builds owns and operates SRTPV on consumer roofs

Contracted Tariff Contracted Tariff

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BSES Rooftop Outlook/Incentive

• Decongesting overloaded DT’s

• Augmenting Daytime peaks.

• Meeting RPO targets.

• Ensure robustness of grid, while adding DER

• Role model for DISCOM’s

• Undertake necessary handholding between consumers and vendors. – No Tendering

• Fall under guidelines and framework set by IPGCL, Govt of Delhi.

Dwarka Solar City Program

• Consumer outreach event

• RWA, and communities with shared meters

• Largest residential area in Delhi, amongst largest areas in Asia, most residential.

• Support from financing institutions.

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BSES Rajdhani Power Ltd.