With an area of 10,491.69 sq km and located in the northeastern part of the country, Tripura is the third smallest state in India. The state is endowed with a topography comprising plains, valleys and hill ranges, and a tropical climate with the rainy season falling between May and September. In 1998, the Tripura Renewable Energy Development Agency (TREDA) was set up to oversee the generation of electricity through renewable sources including solar panels in the state. Over the years TREDA has implemented many projects and schemes that have helped in generating electricity through solar systems to meet the requirements of a variety of residential, industrial and commercial consumers. Some of its ambitious schemes include the creation of solar cities, providing solar energy to 52,000 tribal families, electrification of rural areas of Tripura under Remote Village Electrification Programme (RVEP) and development of solar power plants.

The Tripura government under the aegis of MNRE has devised various policies for the development of solar power in the state. Let’s take a look at them.

Policies for residential users

Net Metering policies:

Permissible power generation capacity:

  • The area’s installed solar system’s aggregate power generation should not exceed 40% of the area’s local distribution transformer’s capacity and 100% of the sanctioned load.
  • The solar system should limit its capacity between 1 kWp and 1 MWp.

Permissible voltage level:

  • Use 230/240 V single-phase for up to 8 kWp systems
  • Use 400/415 kV for up to 80 kWp systems
  • Use 11 kV high voltage and above for systems greater than 80 kWp
READ  CVS Health promises double-digit earnings growth by 2022 as it tries to allay investor worries

Ownership criteria:

  • CAPEX model is available for users who want self-ownership of their solar system.
  • Customers who want solar systems owned by a third-party can avail RESCO model (tariff applicable as per regulations set by the system owner).

Billing process:

  • Bills are generated annually for the period of April to March.
  • Discoms will purchase unadjusted net credited units of electricity which should not exceed 10% of the total units generated annually at approved rates.

Perks: No wheeling, banking, cross-subsidy and other charges for solar users in Tripura.

Subsidy: Subsidies available as per guidelines provided by Solar Energy Corporation of India (SECI).

Financial Assistance:

Installation of solar systems qualify for availing home loan/home improvement loans.

Individuals can avail loans of up to Rs 10 lakh under priority sector lending.

Reach out to Top Solar Panel Dealers near you and get free quotes

Policies for commercial users

Net Metering policies:

Permissible power generation capacity:

  • The area’s installed solar system’s aggregate power generation should not exceed 40% of the area’s local distribution transformer’s capacity and 100% of the sanctioned load.
  • The solar system should limit its capacity between 1 kWp and 1 MWp.

Permissible voltage level:

  • Use 230/240 V single-phase for up to 8 kWp systems
  • Use 400/415 kV for up to 80 kWp systems
  • Use 11 kV high voltage and above for systems greater than 80 kWp

Ownership criteria:

  • CAPEX model is available for users who want self-ownership of their solar system.
  • Customers who want solar systems owned by a third-party can avail RESCO model (tariff applicable as per regulations set by the system owner).
READ  UPDATE 1-No Mexican getaway for executive charged in U.S. college admissions scandal

Billing process:

  • Bills are generated annually for the period of April to March.
  • Discoms will purchase unadjusted net credited units of electricity which should not exceed 10% of the total units generated annually at approved rates.

Perks: No wheeling, banking, cross-subsidy and other charges for solar users in Tripura.

Other financial aid:

  • Customers undertaking solar projects can avail a 10-year tax holiday.
  • Commercial users can avail loans of up to Rs 15 crores for developing solar projects under Priority Sector lending.
  • 40% Accelerated Depreciation can be availed.

Reach out to Top Solar Panel Dealers near you and get free quotes

Policies for industrial users

Net Metering policies:

Permissible power generation capacity:

  • The area’s installed solar system’s aggregate power generation should not exceed 40% of the area’s local distribution transformer’s capacity and 100% of the sanctioned load.
  • The solar system should limit its capacity between 1 kWp and 1 MWp.

Permissible voltage level:

  • Use 230/240 V single-phase for up to 8 kWp systems
  • Use 400/415 kV for up to 80 kWp systems
  • Use 11 kV high voltage and above for systems greater than 80 kWp

Ownership criteria:

  • CAPEX model is available for users who want self-ownership of their solar system.
  • Customers who want solar systems owned by a third-party can avail RESCO model (tariff applicable as per regulations set by the system owner).

Billing process:

  • Bills are generated annually for the period of April to March.
  • Discoms will purchase unadjusted net credited units of electricity which should not exceed 10% of the total units generated annually at approved rates.
READ  Dick's Sporting Goods CEO Ed Stack: The consumer is in 'pretty good shape'

Perks: No wheeling, banking, cross-subsidy and other charges for solar users in Tripura.

Other financial aid:

  • Customers undertaking solar projects can avail a 10-year tax holiday.
  • Industrial users can avail loans of up to Rs 15 crores for developing solar projects under Priority Sector lending.
  • 40% Accelerated Depreciation can be availed.

Reach out to Top Solar Panel Dealers near you and get free quotes





READ SOURCE

WHAT YOUR THOUGHTS

Please enter your comment!
Please enter your name here