SOLAR --- AN INVESTMENT OPPORTUNITY
Solar Power Policies in India
National Action Plan on Climate Change - NAPCC Government of India released NAPCC in 2008 to outline its strategy to meet the challenge of Climate Change effectively.
Eight Missions under NAPCC1) National Solar Mission, 2) National Mission on Enhanced Energy Efficiency, 3) National Mission on Sustainable Habitat, 4) National Water Mission, 5) National Mission for Sustaining the Himalayan Eco-system, 6) National Mission for a Green India, 7) National Mission for Sustainable Agriculture and 8) National Mission on Strategic Knowledge for Climate Change.
Jawaharlal Nehru National Solar Mission - JNNSM
To establish India as a global leader in solar energy, by creating the policy conditions for its diffusion across the country
Mission anticipates achieving grid parity by 2022 and parity with coal based thermal power by 2030
Aim of the mission is to focus on setting up an enabling environment for solar technology both at centralized and decentralized level.
Application Segment Phase - I Phase-II Phase- III
2010-13 2013-17 2017-22
Utility grid power 1,000-2,000 MW
4000-10,000MW 20,000 MW
Off- grid Applications 200 MW 1,000 MW 2,000 MW
Solar Thermal Collectors Area 7 million Sqm 15 million Sqm 20 million Sqm
Solar Lighting Systems -- -- 20 million
Solar RPO 0.25% -- 3%
3-phase approach from 2010 to 2022
Policy & Regulatory framework
Renewable Purchase Obligation (RPO) Obligate entities like Distribution Licensee and CPP/OA Users
Solar specific RE Certificates Issued to RE Generators
Incentive through NVVN for Large projects By way of Preferential tariff PPA for 25 years
PPA RouteFor Investors
REC RouteFor Captive Investor
State Govt. Policy
Central GovtPolicy
Rs. 8.70 for 25 years #
Rs. 8.10 for 25 years #
Through Reverse Bidding
Central Registry
Rs. 11.00 per Kwh / Unit #Under REC Mechanism
Rs. 2.70 /4.78 per kwh / Unit
# set off in Electricity Bill
Total Benefit
Rs. 13.70 / 15.78 per Kwh / Unit
Investment in SPP In MW Scale
# - Assumed and approximate, may vary in case to case
Investment In Solar Rooftop Systems
For Individual / DomesticOther than Individual
Like Industries, Educational Institutes, Trusts, Societies, Commercials etc.
Capital subsidy @30% on cost on Roof top systems – Upto 1KWWater Pumping Systems – upto 5 KW
Capital subsidy @30% on cost on Roof top systems – Upto 100 KWWater Pumping Systems – upto 5 KW
Funding Can be in 30 : 70 Equity : Debt Ratio
30 % Equity – Benefit of 31% in Income Tax in the form of Accelerated Depreciation
Balance Investment Pay Back in 4-7 years
Benefits to Investors of Solar Plants
Financial Handsome IRR of 25-30% Income Tax Benefits
Accelerated Depreciation of 80% Tax Free income U/s 80IA of IT Act for a period of 10 consecutive yrs out of 15 yrs
Project Pay Back 4 to 6 years Equity Pay Back 1 to 2 years
Non-Financial Complying Social Responsibility by helping in reducing carbon foot print Green Energy user status Positive attitude in ISO standards
What we do?We PRIMOTECH SOLAR are manufacturers of High quality Solar Panels
We provide Turnkey Solution from concept to commissioning for solar power plants of any size.
Services includes :- Cost impact analysis and feasibility study- Technical / Commercial consulting.- Technical documentation for financial closure- Site selection and Land Acquisition- Project Design and Detailed engineering.- Regulatory and government approvals- Supply of materials, components and BOS- Erection and commissioning- Project Management- Operation and maintenance- Subsequent Consulting for revenue maximization
Solar Module (5W ~ 300 W) Solar Power Plant (Turnkey Services)
Our Products and Services
Solar Water PumpSolar Home light and power pack Solar Street Light
Certification speaks about our Quality:
IEC 61215, IEC 61730, IEC 61701 Standards for PV Panels
ISO 9001 : 2008 and ISO 14001 : 2004 Certified manufacturing Company
NSIC, SSI Approved
Thank YouGo Green, Live Green and Get
Green
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