Best Solar Panels In India

Solar Policy For Maharashtra

APPLICABLE POLICIES

NET METERING

Net metering is a billing system that allows rooftop owners having solar system installed at their rooftop to sell any excess electricity generated from solar system to local electricity utility

Capacity

Size:

  • Up to 1 MWp; with variation of 5%.

Voltage level:

  • 230 / 240V : upto 8 kWp max.
  • 400/ 415V (Three phase): Above 8 to 150 kWp max. in Metropolitian Area and 8 to 80 kWp in Other Areas
  • 11 kV and Above Level : Above 150 to 1000kWp max. in Metropolitian Area and 80 to 1000 kWp in Other Areas

Conditions:

  • 100% of your Sanctioned Load1
  • Cumulative capacity of all solar systems installed in your area shall not exceed 40% of distribution transformer capacity2 in your area. The solar PV installation beyond 40% of DTC rated capacity may be allowed upon consideration of detailed load study on particular DTC.
  • The HT consumers (11 KV and above) may install and connect Rooftop Solar PV systems at their LT bus bar System provided that, in such cases, the Net Meter shall be installed on the HT side of the Transformer

Ownership options

  • Self ownership (CAPEX model)
  • Third party ownership (RESCO model)

Billing Mechanism

  • Annual (April to March)
  • Any unadjusted electricity credits shall be paid as per the rates notified by MERC.

Others

  • MSEDCL shall, within 7 working days of the completion of the feasibility study, convey its approval for installing the Roof-top Solar PV System. The approval shall be valid for a period of 6 months from the date of approval, or such extended period as may be agreed to by the MSEDCL.
  • MSEDCL shall complete the testing and commissioning of the System within 10 working days from receipt of testing and commissioning request, and shall install the Net Metering equipment and synchronise the Roof-top Solar PV System within 10 working days thereafter.

SUBSIDY

  • Subsidy Applicable as per SECI guidelines.

LOAN AVAILABILITY

  • Loan for solar as a part of home loan/home improvement loan
  • Loan upto Rs. 10 lacs available for individuals under Priority sector lending

Maharashtra Solar Policy and it's Solar Highlights

Maharashtra is located in the Western region of India and is the third largest state by area in India. The capital of Maharashtra is Mumbai, which is also the Financial Capital of India. With 430.46MW commissioned solar energy, Maharashtra is one of the bigger contributors of solar power in India. Out of this, 44.70MW was commissioned in the Financial year 2016/17. Maharashtra approved its solar energy policy in January 2016, encouraging both public and private entities to go solar. The off-grid policy aims to save minimum 500MW of power in the next five years thanks to solar. In addition to this, the Civic Development authorities were asked to ensure that construction permission is only given to those buildings, government colonies, etc who pledge to install solar at rooftop. As much as 100% subsidy has been offered to government and semi-government offices and 15% to the private offices to setup rooftop solar. Talking about the installed projects, the Sakri Solar Plant is the biggest project in the state with a capacity of 125MW. The famous Shirdi shrine has the largest solar steam system in the world and helps cool 50,000 meals per day. Several housing societies especially in Mumbai including the Andheri housing society have installed rooftop solar systems to help save on the energy bills. Beyond residential commercial buildings are also participating with the World Trade Centre, Mumbai inaugurating a 250kWp rooftop grid connected system in September 2016.

NET METERING

Net metering is a billing system that allows rooftop owners having solar system installed at their rooftop to sell any excess electricity generated from solar system to local electricity utility

Capacity

Size:

  • Up to 1 MWp; with variation of 5%.

Voltage level:

  • 230 / 240V : upto 8 kWp max.
  • 400/ 415V (Three phase): Above 8 to 150 kWp max. in Metropolitian Area and 8 to 80 kWp in Other Areas
  • 11 kV and Above Level : Above 150 to 1000kWp max. in Metropolitian Area and 80 to 1000 kWp in Other Areas

Conditions:

  • <= 100% of your Sanctioned Load1
  • Cumulative capacity of all solar systems installed in your area shall not exceed 40% of distribution transformer capacity2 in your area. The solar PV installation beyond 40% of DTC rated capacity may be allowed upon consideration of detailed load study on particular DTC.
  • The HT consumers (11 KV and above) may install and connect Rooftop Solar PV systems at their LT bus bar System provided that, in such cases, the Net Meter shall be installed on the HT side of the Transformer

Ownership options

  • Self ownership (CAPEX model)
  • Third party ownership (RESCO model)

Billing Mechanism

  • Annual (April to March)
  • Any unadjusted electricity credits shall be paid as per the rates notified by MERC.

Others

  • MSEDCL shall, within 7 working days of the completion of the feasibility study, convey its approval for installing the Roof-top Solar PV System. The approval shall be valid for a period of 6 months from the date of approval, or such extended period as may be agreed to by the MSEDCL.
  • MSEDCL shall complete the testing and commissioning of the System within 10 working days from receipt of testing and commissioning request, and shall install the Net Metering equipment and synchronise the Roof-top Solar PV System within 10 working days thereafter.

FINANCIAL ASSISTANCE

  • 40% Accelerated Depreciation
  • 10 year Tax holiday on solar projects
  • Loans available for up to Rs.15 Crore for renewable energy projects under Priority sector lending

Maharashtra Solar Policy and it's Solar Highlights

Maharashtra is located in the Western region of India and is the third largest state by area in India. The capital of Maharashtra is Mumbai, which is also the Financial Capital of India. With 430.46MW commissioned solar energy, Maharashtra is one of the bigger contributors of solar power in India. Out of this, 44.70MW was commissioned in the Financial year 2016/17. Maharashtra approved its solar energy policy in January 2016, encouraging both public and private entities to go solar. The off-grid policy aims to save minimum 500MW of power in the next five years thanks to solar. In addition to this, the Civic Development authorities were asked to ensure that construction permission is only given to those buildings, government colonies, etc who pledge to install solar at rooftop. As much as 100% subsidy has been offered to government and semi-government offices and 15% to the private offices to setup rooftop solar. Talking about the installed projects, the Sakri Solar Plant is the biggest project in the state with a capacity of 125MW. The famous Shirdi shrine has the largest solar steam system in the world and helps cool 50,000 meals per day. Several housing societies especially in Mumbai including the Andheri housing society have installed rooftop solar systems to help save on the energy bills. Beyond residential commercial buildings are also participating with the World Trade Centre, Mumbai inaugurating a 250kWp rooftop grid connected system in September 2016.

NET METERING

Net metering is a billing system that allows rooftop owners having solar system installed at their rooftop to sell any excess electricity generated from solar system to local electricity utility

Capacity

Size:

  • Up to 1 MWp; with variation of 5%.

Voltage level:

  • 230 / 240V : upto 8 kWp max.
  • 400/ 415V (Three phase): Above 8 to 150 kWp max. in Metropolitian Area and 8 to 80 kWp in Other Areas
  • 11 kV and Above Level : Above 150 to 1000kWp max. in Metropolitian Area and 80 to 1000 kWp in Other Areas

Conditions:

  • <100% of your Sanctioned Load1
  • Cumulative capacity of all solar systems installed in your area shall not exceed 40% of distribution transformer capacity2 in your area. The solar PV installation beyond 40% of DTC rated capacity may be allowed upon consideration of detailed load study on particular DTC.
  • The HT consumers (11 KV and above) may install and connect Rooftop Solar PV systems at their LT bus bar System provided that, in such cases, the Net Meter shall be installed on the HT side of the Transformer

Ownership options

  • Self ownership (CAPEX model)
  • Third party ownership (RESCO model)

Settlement period

  • Annual (April to March)
  • Any unadjusted electricity credits shall be paid as per the rates notified by MERC.

Others

  • Any unadjusted electricity credits shall be paid as per the rates notified by MERC.
  • MSEDCL shall complete the testing and commissioning of the System within 10rnworking days from receipt of testing and commissioning request, and shall install the Net Metering equipment and synchronise the Roof-top Solar PV System within 10 working days thereafter.

FINANCIAL ASSISTANCE

  • 40% Accelerated Depreciation
  • 10 year Tax holiday on solar projects
  • Loans available for up to Rs.15 Crore for renewable energy projects under Priority sector lending

Maharashtra Solar Policy and it's Solar Highlights

Maharashtra is located in the Western region of India and is the third largest state by area in India. The capital of Maharashtra is Mumbai, which is also the Financial Capital of India. With 430.46MW commissioned solar energy, Maharashtra is one of the bigger contributors of solar power in India. Out of this, 44.70MW was commissioned in the Financial year 2016/17. Maharashtra approved its solar energy policy in January 2016, encouraging both public and private entities to go solar. The off-grid policy aims to save minimum 500MW of power in the next five years thanks to solar. In addition to this, the Civic Development authorities were asked to ensure that construction permission is only given to those buildings, government colonies, etc who pledge to install solar at rooftop. As much as 100% subsidy has been offered to government and semi-government offices and 15% to the private offices to setup rooftop solar. Talking about the installed projects, the Sakri Solar Plant is the biggest project in the state with a capacity of 125MW. The famous Shirdi shrine has the largest solar steam system in the world and helps cool 50,000 meals per day. Several housing societies especially in Mumbai including the Andheri housing society have installed rooftop solar systems to help save on the energy bills. Beyond residential commercial buildings are also participating with the World Trade Centre, Mumbai inaugurating a 250kWp rooftop grid connected system in September 2016.