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Rooftop solar scheme for housing societies in New Delhi without initial investment

In yet another scheme called Mukhayamantri Solar Power Scheme, the state government of New Delhi is promoting rooftop solar power plants on cooperative housing societies. Previously the state government had announced Mukhayamantri Kisan Aye Badhotari Solar Yojna. The latest scheme does not require a consumer from housing society to pay anything upfront. But for an individual residential consumer, the cost will be 45,000-50,000 per kW.

 

Modalities of the rooftop solar scheme for the group housing societies

A consumer can own a rooftop solar plants under the following mode: Capex or Resco. Team SolarDae has discussed in detail about both the models. Resco model does not involve any upfront cost and consumer signs a Power Purchase Agreement (PPA) with an installer. The latest scheme of the New Delhi government is a replication of this model.

There will be three parties involves in the scheme: Delhi Government, rooftop solar plant installer and the residents of the housing societies. The cost of the units of solar energy plants will be INR 3. There will be a subsidy of INR 2.

The installer will bear the entire cost of installing the solar energy plants on the premises of the cooperative societies. Residents of the society will pay INR 1 to the installer. The Delhi government, on the other hand, will pay INR 2 to the rooftop solar service provider.

 

Rooftop solar for independent houses

In the case of independent house owners, the installation cost of rooftop solar plants will be Rs 45,000-55,000 per kW. The owners will have to bear the cost. Here the government will not be a part of the agreement signed between the house owner and service provider. But it will still provide GBI of Rs 2. Additional energy from the solar panel will go to the grid.

(Feature Image Credit: Flickr)

Post Author: Ankur Kumar Jha

Founder SolarDae || MBA Power Management || B.E (Mechanical)

Ankur analyses mainstream media coverage of renewable energy in general and solar in particular; he tracks the ongoing development of regulations and policies and incorporates them in his opinion. He can be reached at +91-8860726731 for any assistance in rooftop solar and utility-scale projects.

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