Assam to Provide 70% Central Financial Assistance for 14 MW Rooftop Solar Projects
The rooftop solar program is a step closer towards achieving 100 percent electrification in the state
The Assam Energy Development Agency (AEDA) will provide Central Financial Assistance (CFA) of 70 percent for the development of grid-connected rooftop solar photovoltaic (PV) projects across the state.
The AEDA is implementing this program to develop 14 MW of grid-connected rooftop solar PV projects atop various buildings spread across residential, institutional and social sectors of the state.
For this purpose, AEDA has invited applications from residential, institutional (non-government) and social sector institutes which have been registered under the Societies Registration Act 1860 or Indian Trust Act 1882 to develop the rooftop projects.
The proposed rooftop projects can be developed under either the Capital Expenditure (CAPEX) or the Renewable Energy Service Company (RESCO) model.
Under the CAPEX mode, a subsidy to the tune of ₹42,203 (~$657.3)/kW will be provided to projects with capacity ranging between 1 kW and 10kW. For projects with a capacity between 19 kW-100 kW, a subsidy of ₹39,186 (~$610)/kW will be provided. Moreover, a subsidy of ₹36,176 (~$563.5)/kW will be made available to the projects which have a capacity ranging between 100 kW-500 kW.
Under the CAPEX mode projects, the beneficiaries have to meet the balance cost of the rooftop solar project. These consumers can get their electricity bill discounted by solar generated units.
For projects developed under RESCO mode, beneficiaries do not need to pay any amount. AEDA has fixed a tariff of ₹3.43 (~$0.05)/kWh payable for a period of 25 years for the projects.
For the swift implementation of the rooftop solar projects across these buildings in the state, AEDA has also come up with names of 13 empaneled vendors who can help with the installation of rooftop projects.
The introduction of the rooftop solar program is another step forward toward the goal of universal electrification that the government aims to achieve.
Then in February 2018, the Solar Energy Corporation of India (SECI) tendered 70 MW of grid-connected solar photovoltaic (PV) projects that are set to be developed in the Amguri Solar Park in Assam’s Sivasagar district.
Saumy is a senior staff reporter with MercomIndia.com covering business and energy news since 2016. Prior to Mercom, Saumy was a copy editor at Thomson Reuters. Saumy earned his Bachelors Degree in Journalism & Mass Communication from the Manipal Institute of Communication at Manipal University. More articles from Saumy Prateek.