Rooftop Solar System
The Government of Jammu and Kashmir has decided to have solar power plants in Jammu and Srinagar cities for its solar city mission. In order to produce clean energy the government has decided to go ahead with this project and it would be implemented by the Jammu and Kashmir Energy Development Agency (JAKEDA).
The Rooftop Solar Programme will provide subsidized installation of solar power panels on residential houses at the cost of Rs. 58,739, Rs. 53,995, Rs. 52,594, and Rs. 51,309 for Category-A (Up to 1 kW), Category-B (> 1 kW to 2 kW), Category-C (> 2kW up to 3 kW), and Category-D (> 3 kW up to 10 kW), respectively.
The Central Sector Scheme provides a central subsidy component of 40% of the project cost and a state subsidy component of 25% of the project cost for the installation of solar power panels, below 3 kW capacity, beyond which the central subsidy component remains at 20%. The subsidy is provided to the beneficiaries through the DBT mode.
An official said that these rooftop solar power plants will be connected to the grid on a net metering basis. The investments made by the beneficiaries will be recovered at a rate of 25% annually on account of the saving of energy, with a payback period of approximately 4 years.
With the implementation of the project, J&K will benefit from the generation of approximately 280 million units of energy annually, with a corresponding reduction in carbon emissions of approximately 5.44 million tons, besides reaping gains from savings on account of inter-state transmission losses to the tune of 224 million units.
