Impressed by the solar power policy of India’s national capital of Delhi, the country’s Centre for Science and Environment has urged the central government to implement the same policy across the country.
According to the provisions of the Delhi rooftop solar power policy, all buildings constructed after September 1, 2015, are required to install rooftop solar power systems. Such systems are also eligible for net-metering provisions, and while the policy is an extension to the one already in effect, the mandatory installation is one of the most significant additions.
The neighbouring state of Haryana also has a similar mandatory requirement.
The new policy also mentions provisions for building owners to avail loans at concessional rates to set up solar power systems.
The Delhi Government recently announced a target to set up 2 GW of rooftop solar power capacity by 2025, with 1 GW capacity to be commissioned over the next 4 to 5 years. To achieve this target, the Delhi Government shall set up solar power systems atop metro stations, bus stops, and buildings.
The Delhi government is also looking at new ways to raise funds to finance the installation of solar power systems. The Indian power minister mentioned the concept of solar power mutual funds, wherein investors would be eligible to consume a percentage of electricity at a fixed rate, possibly for a fixed amount of time, which could be in months or even years. The incentive could mean that households that invest in rooftop solar power systems would be shielded from the frequent electricity tariff revisions implemented by the utilities.
The central government has announced a target to have 40 GW of rooftop solar power capacity installed by 2022. Mandatory provisions, in addition to clear net-metering regulations and financial incentives, would prove critical to achieve this target.
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