1

JNNSM-Mission, Targets, Phases,

Opportunities & Distributed Power
generation

J. K. Jethani
Principal Scientific Officer
Ministry of New and Renewable Energy
Government of India

BHEL
11 January 2016
In this presentation
Energy Scenario in India
Renewable Energy Resources and Potential
Policy & Regulatory Framework for Renewable
Energy Development
MNRE Schemes and Programmes
JLN National Solar Mission
Solar Rooftop
Solar Thermal Applications
Distributed Solar PV Programme in India
Issues and Way Forward
Energy Scenario in India
Electricity Consumption (BU) Where India Stands
Low per capita
6000 Electricity
consumption (Unit)
15000
5000 India is the Fourth
Largest Electricity
Consumer 10000
4000

5000 3778
3026
3000
783
0
2000

979
1000

Source: IEA 2013

Indian Power Sector
Total Installed Capacity- 2,79,677 MW
Gas Nuclear
9% 2%
Renewable
13%

Thermal
Hydro 61%
15%

Thermal Hydro Renewable Gas Nuclear

1,70,112 42,283 37,414 24,088 5,780
Source: Central Electricity Authority (CEA) as on 30.09.2015
Indian Renewable Sector
Total Installed Capacity- 37,414 MW
Solar Power,
Biomass 4345, 12%
/Cogeneration,
4546, 12%

Small Hydro,
4147, 11%
Wind Power,
24376, 65%

Source: Data received from State Nodal Agencies as on 30.09.2015

Indias Global Position-Overall Ranking
(Year 2014 Capacity in MW)

Technology India First Position

Global Capacity Country Capacity
Position
RE Capacity 4th 36000 China 153000
World total = 6,57,000 MW
Solar Energy (PV) 10th 3600 Germany 38000
World Total = 1,77,000 MW
Solar Energy (CSP) 3th 203 Spain 2300
World total = 4,400 MW
Wind Energy 5th 23500 China 114000
World total = 3,70,000 MW
Bio power generation 4th 4500 USA 16100
World total = 93,000 MW
Hydro Power (incl large HP) 6th 46000 China 280000
World total = 10,55,000 MW
Source- Renewable 2015 - Global Status Report, Renewable Energy
Policy Network (called REN, 21)
7
 Exponential Growth of Renewable Power

55
Renewable Capacity in GW

60
50
40 Solar
24.9
30
Biomass
20 10.2 Small Hydro
10 3.5
Wind
0
2002 2007 2012 2017

Capacities in MW
Source Installed capacity Current installed Target as per 12th Revised Targets
by end of 11th Plan Capacity Plan till 2022
(March 2012) (Sept. 2015) (March 2017)
Solar Power 941 4345 10,941 1,00,000
Wind power 17,352 24376 32,352 60,000
Biomass Power 3,225 4546 6,125 10,000
Small Hydro 3,395 4147 5,495 5,000
TOTAL 24,914 37414 54,914 1,75,000
Renewable Energy Resources and Potential
 Renewable Energy Potential - Present
Assessment
Wind 302 GW (at 100 meter hub height)
- Online wind atlas is available at www.niwe.res.in
- National Off shore Wind Energy Policy released,
preliminary assessment at 2 locations - 2000 MW,
full potential being studied
Solar Power 750 GW
assuming 3% wasteland is made available
60 Km x 60 km waste land could generate electricity as
consumed in India in 2012

Biomass Power 25 GW
From surplus agro biomass

Small Hydro 20 GW
for 25 MW and being revised upward
Policy & Regulatory Framework for
Renewable Energy Development
History of creation of MNRE

1981- Commission on Additional Sources of Energy

(CASE) established in the Department of Science &
Technology Energy

1982 - Department of Non-conventional Energy

Sources (DNES), was created in the then Ministry of
Energy.

1992 - DNES became the Ministry of Non-conventional

Energy Sources (MNES).

2006 - MNES was re-christened as Ministry of New and

Renewable Energy (MNRE). 12
Mandate of MNRE

Nodal Ministry for all matters relating to New

and Renewable Energy covering:
Wind energy
Solar Energy including JNNSM
Small Hydro Power (up to 25 MW)
Bio-energy - Biomass/ Bio-wastes including
agricultural/urban & industrial
New Energy Sources such as hydrogen
geothermal, tidal, etc.
Coordinating Ministry for Bio-fuels policy and
applications
13
Institutional Structure

Renewable Energy Development in India

Ministry of New and
State nodal agencies for renewable
Renewable Energy energy development

National Institute for Solar Central & State Electricity Regulatory

Energy (NISE)
Commissions
National Institute for Wind
Energy (NIWE)
National Institute for Other Channel Partners
Renewable Energy (NIRE)
Alternate Hydro Energy Educationa Non Profit Renewable
Centre (AHEC) l Organizatio Energy
Institutions ns & NGOs Service
Companies
Indian Renewable Energy Research & (RESCO)-
Banking & Developers,
Development Agency (IREDA) Developme
Financial
nt Aggregators
Institutions etc
Solar energy Corporation of India Institutions

(SECI)
Policy and regulatory framework for
Renewable Energy(RE)
Electricity Act (EA), 2003
Central Government to develop a national policy for optimal utilization of
resources including RE.

Promotes RE by ensuring grid connectivity & sale of RE.

SERCs to fix a minimum percentage energy purchase from RE sources

(RPO) and to determine tariffs for the promotion of RE.
National Electricity Policy (NEP), 2005
Capital cost reduction in RE through competition.

SERCs should specify appropriate tariffs to promote RE and specify targets for
RE.

Promotes private participation in RE.

15
 Contd.
Policy and Regulatory framework for
Renewable Energy(RE)
National Tariff Policy (NTP), 2006
A minimum percentage procurement should be made applicable latest by
April 1, 2006

A preferential tariff to be determined by SERC to enable RETs to

compete.

Procurement of RE by distribution licensee through competitive bidding

Solar specific RPO starting from a minimum of 0.25% 2012-13 to 3% by

2022

National Action Plan on Climate Change

The plan identifies eight core national missions running through 2017.

Regarding Renewable Energy, Starting 2009-10, Renewable Purchase

Obligations be set at 5% of total grids purchase, to increase by 1% each
year for next 10 years. 16
 Contd.
Policy and regulatory framework for
Renewable Energy(RE)
Financial support mechanism:
Accelerated depreciation
Generation based incentives
Viability gap funding
Concessional excise and customs duties
Capital subsidies for off-grid systems
budgetary support for research, development and demonstration of
technologies
Income tax holiday
100% FDI through automatic route
 Contd.
Policy and Regulatory framework for
Renewable Energy

Central State Electricity is a Electricity

CERC SERC is a concurrent subject
Govt. Govt. (Entry 38 in concurrent
list)
Electricity RE Tariff RE tariff
Act, 2003 RE policies regulations regulations
Almost all the states have
issued technology wise
National RE tariff regulations
Electricity REC regulations
Policy and RPO
implementation regulations All states except Sikkim
framework
National have specified RPO
Tariff obligations, including
Policy
separate obligation for
solar and also issued REC
REC regulations.
NAPCC IEGC, regulations
RRF
regulations

Grid
connectivity
regulations
18
MNRE Scheme & Programmes
Renewable Energy Programmes
The Programmes and Schemes are classified in following
Five Groups:

Grid Interactive and Distributed Renewable Power

Grid - Interactive
Off-grid power systems

Renewable Energy for Rural applications

Renewable Energy for Urban, Industrial & Commercial
applications
Research, Design & Development (RD&D)

20
Schemes for Grid Connected Projects
Wind
Feed-in-tariff by state electricity regulators.
GBI with Rs. 0.50/unit; ceiling enhanced to Rs. 1 crore/ MW for not
availing AD.
Accelerated Depreciation (80%) in first year.
Solar Covered separately in JN National Solar Mission
Biomass
Capital subsidy up to Rs. 60 Lakh/MW depending upon the system
configuration (limited to Rs. 6.0 crore per project)
Small Hydro Power
Financial assistance for project identification and preparation of DPR
Financial support up to Rs. 1.5 Crore/MW depending upon the area
(limited to Rs. 5.0 crore per project)
21
Schemes for Off-Grid Projects
Small Wind Energy and Hybrid Systems Programme
CFA up to Rs. 1.0 Lakh/kW
Biomass Gasifier based Distributed / Off-grid power programme
CFA up to Rs. 15000/kW
National Biogas and Manure Management Programme
Estimated potential of biogas plants: 120 lakh
Cumulative achievement so far: around 50 lakh
CFA up to Rs. 40,000/kW
Scheme for Water Mills and Micro Hydel Projects
CFA Rs. 1.0 Lakh for watermill and Rs. 1.25 Lakh/kW for Micro Hydel
Other schemes include Waste to Energy, Solar Cities, Green
Building, Improved Cook-stoves, Information & Public Awareness,
Special Area Development Programme, HRD, RD&D, etc.
JLN National Solar Mission
 24

Jawaharlal Nehru National Solar Mission (JNNSM)

Eight Missions as part of the National Action Plan on Climate

Change (NAPCC) in specific areas i.e. Solar Energy, Enhanced
Energy Efficiency, Sustainable Habitat, Water, Sustaining the
Himalayan Eco-system, Green India, Sustainable Agriculture and
Strategic knowledge for Climate Change.

Launched by the Government of India in January 2010 JNNSM is

one of the major global initiatives in promotion of solar energy
technologies.

Mission aims to achieve grid tariff parity by 2022 through

Large-scale utilization, rapid diffusion and deployment at a scale

which leads to cost reduction
R&D, Pilot Projects and Technology Demonstration
Local manufacturing and support infrastructure
 25

Mission Road Map

Application Segment Target for Cumulative Cumulative
Phase I Target for Target for Phase
(2010-13) Phase 2 3
(2013-17) (2017-22)

Grid solar power 1,100 MW 10,000 MW 20,000 MW

(large plants, roof top &
distribution grid plants)

Off-grid solar applications 200 MW 1,000 MW 2,000 MW

Solar Thermal Collectors 7 million 15 million 20 million sq

(SWHs, solar sq. meters sq. meters meters
cooking/cooling, Industrial
process heat applications
etc.)
 Solar Scale-up Plans- 100 GW Vision
Category 1. Rooftop Projects
Category 2. Large scale Projects
Inside Solar park Outside Solar Park
40,000 MW
20,000 MW 40,000 MW

120 Cumulative Solar Targets (GW)

100
80
60
60 51.5 Large scale solar
40 42 Roof-top
32
20 22 31 40
6 12 23
5 10 16
0 1
2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22
 Solar Energy across states
Solar Resource
Solar:
4575 MW (Nov 2015)
200 12
MW MW 1
13 MW
1250 MW 72
MW 10
MW
MW
1024 673 16 5
MW MW MW 12 MW
73 MW
379 MW 57
MW 77 MW
MW
280
104 MW
MW

12 304
MW MW
 Falling cost of power from solar
Bidding tariffs for solar projects have been declining due to drop in capital costs and competitive bidding
14 12.16 Tariffs evolved in FIT - Competitive bid process (INR/kWh)
12 10.8
8.79 8.36 8.73 8.34
10 8.05 6.75 8.12 8.68 8.52 8.56
8 6.45 6.87 6.86 6.94 6.72 7.16 7.02
5.36 5.73 5.62 5.65 4.63
6
4
2
0

Highest Bid (Rs./KWh) Lowest (Rs./KWh) Weighted Avg. Price (Rs./KWh)

Lowest tariff quoted in Andhra Pradesh: Rs. 4.63/KWh for 500 MW from SunEdison
Lowest tariff quoted in Madhya Pradesh: Rs. 5.05/KWh for 50 MW from Sky Power
Lowest tariff quoted in Punjab: Rs. 5.17/KWh for 50 MW from Today Homes
 20 GW Solar park
26 Parks (20 states) with capacity 17,418 MW approved. Subsidy of 30% provided for infrastructure
Opportunities in Solar Energy

Project Developer Manufacturing

Target to install 100 GW by 2022 Current Module manufacturing:
Land and other infrastructure 3000 MW
provided in solar parks Current Cell manufacturing: 1500
MW
Push for Make in India
MOUs signed between global
manufacturers and Indian
Opportunities developers
in solar in India

Financing
EPC
Investment to the tune of $ 135
billion required in RE sector and A lot of new entrants in
$ 75 billion in solar by 2022 Market, requiring EPC
Govt. of India open to new ideas Many Govt. companies have
like hedging funds, dollar signed Green energy
denominated tariffs commitments and need EPCs
 Project Development Opportunity
Viability 2000 MW from 2015-16 to 2016-17 and 5000
MW from 2016-17 to 2020-21
Gap
Funding Viability Gap funding provided under
competitive bidding

300 MW from 2014-15

to 2018-19
VGF of 1.5-2.5 Cr/MW Large 1000 MW from 2014-15
under various Defence grid CPSUs to 2016-17
categories connected VGF of 0.5-1 Cr/MW

3000 MW approved for FY 2015-16 Bundling

with
National Thermal Power Corporation will
sign Power Purchase Agreement
Thermal
Power

NTPC to develop portfolio of 15000 MW (Bidding underway in Andhra Pradesh & more to follow)
SECI to develop portfolio of 2000 MW
States have been issuing tenders under state policies
 Solar Tenders in FY16
Concluded in 2015-16 (Till now) Under process Upcoming (From now till Total
(Result announced) March 2016)
4480 MW 3060 MW 5890 MW 13430 MW

Uttar Pradesh
Concluded 215
Punjab
Upcoming 600
Concluded 500
Madhya Pradesh
Rajasthan
Concluded 300
In-Process 910
In-Process 250
Upcoming 1000
Upcoming 500

Gujarat Telangana
In-Process 250 Concluded 2000
Upcoming 900
Maharashtra Andhra Pradesh
In-Process 500 Concluded 250
In-Process 1000
Karnataka
Upcoming 750
Upcoming 1600
Tamil Nadu
Kerala Concluded 1215
Upcoming 100
 Manufacturing Opportunity
Public Sector companies are allocating a
Solar Cell and Module manufacturing
separate capacity for Domestic Content 5,000 capacity (MW)
Requirement (DCR) 2,756
Companies like SunEdison, Trina Solar, JA 1,305 1,386
297
Solar, Foxconn, etc. have signed MoUs for
-
setting up manufacturing facilities in India Solar Modules Solar Cells
Installed Capacity (MW) Operational Capacity (MW)

Modified Special Incentive Package Scheme(M-SIPS)

Push for Subsidy: 20% for investments in SEZs and 25% in non-SEZs
Make in India Reimbursement of CVD/Excise, central taxes and duties
Excise duty exemption
Solar cell/modules;
Machinery and equipment required for setting up production project
EVA sheets, solar backsheets, solar tempered glass, flat copper wire etc.
Special Economic Zone (SEZ)
Duty free import/domestic procurement of goods for development,
operation and maintenance of SEZ units
Sales tax & service tax exemption
Income tax exemption as follows: 100% exemption for the first 5
years, 50% for next 5 years
Innovative financing mechanisms launched in
2015
Renewables accorded Priority Sector lending status: Loans up to 15
crore for renewable power projects included. Banks mandated to disburse
40% of adjusted net bank credit to priority segments.

Rooftop Solar through Home Loans: DFS has issued guidelines and
circulars issued by various banks to include rooftop under housing loan

Tax-Free Bonds: Government approves Rs. 5000 crore tax-free bonds to

enable low interest rate funding for RE

Green Bonds: Enabling low cost funding for clean energy , REC, PFC,
IREDA, IDBI and private sector like ICICI, Yes Bank asked to issue green
bonds to raise funding for RE projects
Gujarat Solar Park- Charanka
150 MW in Neemuch, MP
 Reliance 100 MW Solar CLFR Plant
and 40 MW solar PV Plant in Rajasthan
Solar Rooftop
 Grid Connected Solar Rooftop
Ministry is implementing a Grid Connected Rooftop and Small Solar
Power Plants Programme since 26th June, 2014.

Against a target for 100 GWp solar power by 2022, 40 GWp has to
come from Grid Connected Solar Rooftop.

Plant size ranges from 1 kWp to 500 kWp and 1 kW solar rooftop
system requires about 10 sq.m. roof area

Benchmark costs of Grid connected solar rooftops(with out battery) is

about Rs. 75,000/kWp. A subsidy of 30% is provided for general
category and 70% for special category States, NE States and Islands.

No subsidy is provided for establishments under private and industrial

sector.
Potential, target and present status
Potential of 124 GWp solar rooftop installations estimated by TERI.

Rs. 600 crore allocated during 12th Five Year Plan with estimated
target of about 300 MWp has been up-scaled to Rs.5000 crore for
about 4200 MWp to be implemented by 2019-20.

About 417 MWp solar rooftop systems sanctioned against which,

about 140 MWp aggregate capacity has been installed in residential,
industrial, commercial and institutional sectors.

State Electricity Regulatory Commissions of 16 States/UTs have

notified regulations for net-metering/feed-in-tariff.

16 States namely Andhra Pradesh, Chhattisgarh, Gujarat, Haryana,

Himachal Pradesh, Jharkhand, Karnataka, Kerala, Manipur, Punjab,
Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand and
West Bengal have come out with Solar Policy supporting grid
connected rooftop systems.
Potential, target and present status
Rooftop included under Integrated Power Development
Scheme and guidelines issued

Guidelines issued to include rooftop under housing loan

and banks have issued instructions

Central Electricity Authority (CEA) has notified technical

standards for connectivity and metering

$ 2 billion line of credit through KFW, WB and ADB for

rooftop projects
Punjab Engineering College,
Sector 1, Chandigarh
Govt. College for Girls, Sector 11,
Chandigarh
Solar Thermal Applications
Concentrated Solar Technologies (CSTs)
Temperature at Point of Use

Industrial Process Temperature range

Sector (C)

Food and Drying 30 - 90

Beverages Washing Pasteurizing 40 80
Boiling 80 110
Sterilizing 95 105
Heat Treatment 140 150
Textile Industry Washing 40 80
Bleaching 60 100
Dyeing 100 160
Chemical Boiling 95 105
Industry Distilling 110 300
Various chemical processes 120 - 180
All Sectors Pre-heating of boiler Feed-water 30 100
Heating of Factory Buildings 30 80
 Cooking Equipments

Universal Steamers 6 nos. ( with dedicated trolleys for rice & idli cooking )
Type : Vent Type ( steam pressure : 1.5 kg/cm2 )
Used for cooking : Rice 35kg raw rice / cooker (Cooking Time / batch : 1 hour )
Vegetables - Vegetables are steamed directly without using water
Note : nutritional loss avoided since water is not drained
: Idlis 320 nos. / cooker
Modified Kitchens
Scheffler Dishes for Community Cooking
Arun Dish for Process Heat & Cooling
Applications

Akshardham, Delhi
 Scheffler Dishes for Cooling
100 Ton integrated heat recovery system at Mahindra & Mahindra
vehicle manufacturers Pune

92 Ton system at TVS Suzuki factory VAM for cooling

near Chennai
CSTs System for 160 TR Cooling System at M/s
Honey Well, Hyderabad
ARUN Technology for Cooling Application
Solar Process Heating Application

Solar CST system installed at Mahindra and Mahindra, Nagpur for

process heating application
Roadmap for proliferation of CSTs
MNRE provides under National Clean Energy Fund (NCEF) long term financial support for
implementation of CSTs programme in industrial , institutional and commercial
establishment for community cooking and cooling application. under off- grid solar thermal
programme.
The support will be based on the same terms & conditions of JNNSM.
No. of systems Sq. m. of CST area Subsidy
Financial Year
(Approx.) (Approx.) (Rs.in Crore)
2014-15 45 22,500 15.44
2015-16 50 25,000 17.15
2016-17 65 32,500 22.23
Total 160 80,000 54.82

In addition of this, under GB scheme with 60 % support expected to achieve additional target of 20,000 Sq. m.
in special category states. Hence total target will be 1,00,000 Sq .m of collector area (~40MW)

MNRE especially encourages Renewable Energy for Rural Application using small
portable box and dish cookers for households .
Besides this MNRE has support scheme to encourage entrepreneurs/NGOs or any
organizations who come with innovative project ideas. (Up to 30% to 40 % depending on
the merit of the project)
Additional support from UNDP
Financial support under Off-grid Solar Thermal
Programme
Sl. Solar Collector Type CFA per sq.m. area Benchmark Cost
No. (Rs. / sq.m.) (Rs. / sq.m.)
1. Solar Collector Systems for Direct Heating 3600 12000
2. Concentrator with Manual tracking 2100 7000
(Dish solar cookers )
3. Non imaging concentrators 3600 12000
4. CST based on single axis tracking 5400 18000

5. CST based on double axis tracking 6000 20000

30% of the system cost as CFA to beneficiaries all over the country
60% of the system cost as a CFA in all special category states, NE and
UTs for non-commercial establishment.
Support available to users through SNAs or different channel partners participating in
the scheme.
Subsidy released on reimbursement basis after complete installation.
In addition of above 80% accelerated depreciation (AD) benefits
Present amount of subsidy and benchmark cost is mentioned above.

Note: Special category states are eligible for double the CFA mentioned above or 60 % of capital cost, whichever is less.
 Distributed Solar
PV Programme in India
Need for Distributed Power Generation

India is a power deficit country with 7.5 crore

households and 40 crore population without electricity
access
The supply of electricity does not match up with
demand, though the grid extension is rising rapidly
In many rural areas either power supply is not available
or erratic
Many remote areas are with thin population density
where grid extension is not economically viable
Solar Off -grid systems are the best option for their
electricity need
Off Grid / Decentralized Solar PV
Programme
Need
lighting, electricity and Water Pumping

Target Category
Individuals
Institutions
Villages/ communities
Commercial and industrial establishments
Replacement
kerosene, diesel, electricity and other fuels wherever
possible
Special thrust on Rural Areas
Off-Grid SPV Solutions

Solar Lanterns

Home & Community Lighting

Village Street Lighting

Water Pumping Systems

Mini/Micro Grid

Power Plants/ Home Systems

Charging Stations

Vaccine Refrigeration
Solar Lanterns in Tripura
Solar Light in a Tribal House
Solar Lantern Charging Station in Villages
Solar Study Lamps and Solar Street Light
SPV Water Pumping Systems
1 kWp Solar Power Packs at individual
in the state of Chhattisgarh
Solar Powered TV in a Village
100 kW PV Power Plant at Kiltan Island, Lakshadweep
PV for Telecommunication
Components of Off-grid PV Programme

Policy formulation
R&D, Technology & Industrial Development
Demonstration
Commercialization
Financial support in form of subsidy
Awareness, Training and other promotional efforts
International Cooperation
Off-Grid / Decentralized Solar PV Programme
30% capital subsidy to
end-users
CFA 90% for special category
States for defined
Pattern category.
40% through banks
coupled with Loan

State Nodal Agencies

NABARD and other banks
Implementing
Agencies Channel Partners
Other Government
Institutions
 1,08,766 Solar Pumps
Sanctioned

Rs.353.50 Crore was released

various agencies.

63,436 pumps sanctioned to States

(Irrigation)

30,000 was sanctioned to NABARD

15,330 nos. sanctioned to States

(Drinking Water.
 Cumulative SPV Lighting
Systems/Minigrids Installed
System Number
Lanterns 9,69,862
Home Lights 11,26,921
Street Lights 3,37,647
Mini Grids 806
Solar Pumps 29,501

SPV Power Plant at Gulmarg Development Auth. Guest house, J&K

Sustainability Arrangements
Concrete arrangements to ensure timely repair &
maintenance

Besides, an initial contribution, users to pay a

monthly charge which is used for routine
maintenance and for replacement of batteries etc.

Support training programmes, establish service

centers, etc.

System / Equipment Standards have been laid

down and test facilities created to enforce quality
Steps for Quality and Reliability

Periodic review and updating of specifications of PV

systems and development of national standards

Establishment of authorized centres for testing &

certification

Inspection of test facilities of manufacturers

Issues and Way Forward
Issues and Way Forward

Funds for Government Programmes

National Clean Energy Fund created
Coal Cess initially Rs. 50 per tonne increased to Rs. 100 and this budget
proposed to further double it to Rs. 200 per tonne
Over Rs.17,000 crore already collected and 2015-16 estimated are over Rs.
13000 crore
Transmission Infrastructure
Green Energy Corridors project under implementation
1500 million Euro committed by KfW Germany, 750 million Euro loan
agreements already signed.
PGCIL preparing Green Energy Corridors-II report

Grid Integration of large renewable power projects

CERC issued regulations on scheduling and forecasting regulations and
development of Ancillary services.
NIWE successfully carried out forecasting and scheduling in the state of Tamil
Nadu for 7400 MW wind with 5-10% accuracy.
Issues and Way Forward

Enforcement of RPO and long term RPO trajectory

Electricity Act Amendment Bill introduced in Lok Sabha
Renewable Generation Obligation being introduced
Stringent penalties for non compliance of RPOs
Tariff Policy amendments propose RPO in line with NAPCC
Financing by Banks
Innovative financing methods being explored
Home loan to include cost of rooftop solar
Back loading tariff PPA model
Cost of finance for manufacturing
Long-term, Low cost financing from multilateral and bilateral
agencies being explored
79