The Government is looking at adopting the viability gap funding model for the second phase of the National Solar Mission, said Gireesh B. Pradhan, Secretary, Ministry for New and Renewable Energy.
Implementing this model would mean a developer will be asked to state the amount the company would require to meet the designated tariff, Pradhan said at an industry event organised by the Centre for Science and Environment. The draft policy for the second phase of solar mission would be released in a week, Pradhan said.
The solar market in India can reach 68 GW by 2022, unlike the Jawaharlal Nehru National Solar Mission target of 20 GW, said Alan Rosling, Chairman and Founder of Kiran Energy.
In addition, the MNRE is also in the process of unveiling an incentivised package for wind energy. The Government is looking at increasing the generation-based incentive for wind energy producers, Pradhan indicated.
siddhartha.s@thehindu.co.in
Keywords: viability gap funding model for the second phase of the National Solar Mission, Gireesh B. Pradhan, Secretary, Ministry for New and Renewable Energy, incentivised package for wind energy, industry event organised by the Centre for Science and Environment
Comments:
Measure will distress the banking and financial sector . Already banking sector is groaning under the NPA and exposure to power sector add a few more notches of RE burden which favors investors in RE more than conventional planrs . NPA and exposure will pile up and relief package size in next five yeas will increase from 1.86 Lakh crores to 2.86 ccrores then explanation will RE has burdened Power sector more
Does the govt finance for individuals who would like to install solar or wind home lighting systems please let me know.
Thank you
Building code:
Providing SOLAR-WIND - HARVESTING WATER should be made compulsory by law .
to induct these 3 factors in the building code.
Roof top - solar-wind and harvesting water with also planting RICE or paddy on roof
tops etc.
follow techniques used by Japanese - singapore- Israel etc.
Intense research should be conducted in Agricultural universities and Engineering
colleges.
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