07-05-2014, 10:33 AM
?Conference on Solar Energy
Conference on Solar.ppt (Size: 1.22 MB / Downloads: 17)
Status of Grid Solar Power-I
Small Power Plants up to 2 MW
Projects for 120 MW shortlisted.
Projects up to 100 MW capacity where PPA signed and registered with IREDA, are finalized.
Compliance to technical standards mandatory.
GBI will be given to DISCOMs on reimbursement basis.
Funding of Off-grid Solar Applications (SPV and ST)
200 MW capacity in the first phase
Demand driven expansion
SPV
30% subsidy & loan @ 5% for individuals & non commercial
30% subsidy OR loan @ 5% for commercial
SPV
30% subsidy & loan @ 5% for individuals, non commercial & commercial
90% subsidy for Government projects in special category States and in other remote and difficult areas
About IREDA
Objective
Extend financial support to Renewable Energy,
Energy Efficiency & Conservation projects.
Sectors being financed:
Wind
Small & Medium Hydro
Biomass Power & Cogeneration
Solar
Waste to Energy
EE & Conservation
Bio Fuels/ Alternate Fuels
Other Activities
Intermediary for providing financing facilities for various MNRE Schemes.
Implementing Agency for GBI Scheme – Wind & Solar
Suggested Measures for Risk Mitigation
Concurrent monitoring of projects by FIs - appointment of lenders engineers.
Periodic inspection / monitoring of projects even after implementation. (TRA and Generation data)
Innovative financing models by accessing low cost funds from international institutions.