Best Solar Panels In India

Solar Policy For Odisha

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

  • Min 1 kWp
  • No Maximum Capacity Limit

Conditions:

  • <= 100% of your Sanctioned Load
  • Cumulative capacity of all solar systems installed in your area shall not exceed 75% of distribution transformer capacity in your area.

Ownership options

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

Billing Mechanism

  • Annual (April to March)

Others

  • If the electricity generated exceeds 90% of the electricity consumed at the end of the settlement period, no payment shall be made by the distribution licensee and shall not be carried

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

Odisha Solar Policy and it's Solar Highlights

Odisha or Orissa as it was formerly known is located in the south eastern side of the country. It forms about 485 km of coastline towards the east of India. The capital city of Odisha is Bhubaneswar. In total, the state has a total commissioned solar energy of 77.64MW, out of which 10.72MW was added in the FY 2016/17. With the household electrification at 56%, Orissa is actively looking to invest in ensuring that power 24x7 is delivered and solar has been looked at as an important prospect in that regard. That is the reason that the state has set a target of 2,378MW of power to be generated from solar power plants. In addition to solar, 350MW has been targeted from wind energy, 150MW from hydropower and another 180MW from biomass based plant. Based on these numbers alone it is clear that solar has been seen as a primary source of power in the state. Solar power production in Odisha has been divided into four categories, with 328MW coming from utility-scale projects, 50MW from water bodies and 1 GW capacity from large-scale solar parks and 1GW from rooftop projects in the commercial and domestic segment. By the end of the Financial year 2017/18, Odisha has set a target of achieving 297MW of total solar installed capacity, with 125MW coming from rooftops.

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

  • Min 1 kWp
  • No Maximum Capacity Limit

Conditions:

  • <= 100% of your Sanctioned Load
  • Cumulative capacity of all solar systems installed in your area shall not exceed 75% of distribution transformer capacity in your area.

Ownership options

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

Billing Mechanism

  • Annual (April to March)

Others

  • If the electricity generated exceeds 90% of the electricity consumed at the end of the settlement period, no payment shall be made by the distribution licensee and shall not be carried

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

Odisha Solar Policy and it's Solar Highlights

Odisha or Orissa as it was formerly known is located in the south eastern side of the country. It forms about 485 km of coastline towards the east of India. The capital city of Odisha is Bhubaneswar. In total, the state has a total commissioned solar energy of 77.64MW, out of which 10.72MW was added in the FY 2016/17. With the household electrification at 56%, Orissa is actively looking to invest in ensuring that power 24x7 is delivered and solar has been looked at as an important prospect in that regard. That is the reason that the state has set a target of 2,378MW of power to be generated from solar power plants. In addition to solar, 350MW has been targeted from wind energy, 150MW from hydropower and another 180MW from biomass based plant. Based on these numbers alone it is clear that solar has been seen as a primary source of power in the state. Solar power production in Odisha has been divided into four categories, with 328MW coming from utility-scale projects, 50MW from water bodies and 1 GW capacity from large-scale solar parks and 1GW from rooftop projects in the commercial and domestic segment. By the end of the Financial year 2017/18, Odisha has set a target of achieving 297MW of total solar installed capacity, with 125MW coming from rooftops.

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

  • Min 1 kWp
  • No Maximum Capacity Limit

Conditions:

  • <= 100% of your Sanctioned Load
  • Cumulative capacity of all solar systems installed in your area shall not exceed 75% of distribution transformer capacity in your area.

Ownership options

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

Settlement period

  • Annual (April to March)

Others

  • If the electricity generated exceeds 90% of the electricity consumed at the end of the settlement period, no payment shall be made by the distribution licensee and shall not be carried

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

Odisha Solar Policy and it's Solar Highlights

Odisha or Orissa as it was formerly known is located in the south eastern side of the country. It forms about 485 km of coastline towards the east of India. The capital city of Odisha is Bhubaneswar. In total, the state has a total commissioned solar energy of 77.64MW, out of which 10.72MW was added in the FY 2016/17. With the household electrification at 56%, Orissa is actively looking to invest in ensuring that power 24x7 is delivered and solar has been looked at as an important prospect in that regard. That is the reason that the state has set a target of 2,378MW of power to be generated from solar power plants. In addition to solar, 350MW has been targeted from wind energy, 150MW from hydropower and another 180MW from biomass based plant. Based on these numbers alone it is clear that solar has been seen as a primary source of power in the state. Solar power production in Odisha has been divided into four categories, with 328MW coming from utility-scale projects, 50MW from water bodies and 1 GW capacity from large-scale solar parks and 1GW from rooftop projects in the commercial and domestic segment. By the end of the Financial year 2017/18, Odisha has set a target of achieving 297MW of total solar installed capacity, with 125MW coming from rooftops.