What is a RPO?
RPO is Renewable Purchase Obligation. This is a procedure by which the State Power Regulating Income are required to get a certain amount of power from alternative power. RPO is being applied throughout the country to create demand for alternative power or energy.
Renewable Energy Certification (REC)
RECs are targeted at dealing with the mismatch of renewable energy sources in the Declares and their RPO specifications. Required organizations can meet their RPOs by buying RECs.
RECs are exchanged on the Indian Energy Exchange (IEX) and the Power Exchange of India Ltd (PXIL).
In line with RPOs there are two groups of RECs - Solar & Non-Solar.
Solar RECs consist of both PV and CSP technological innovation. Non-solar RECs consist of renewable energy technological innovation such as biomass, wind, biofuel, cogeneration & small hydro. Solar power RECs are exchanged once monthly - last Wed of each 30 month.
In order to give a lowest of certainty on REC costs, Central Electricity Regulatory Commission (CERC) has set a ground and patience cost for the interval up to 2017 between which the REC can be traded.
Floor Price is Rs 9300/- per MW and the Forbearance Price is Rs 13400/- per MW
Penalty for non-fulfillment of RPO will be the forbearance cost.
There are three groups of solar power tasks that are qualified for RECs 1. Projects for captive intake (Self use) - Eligible to receive REC only if concessions are not acquired in transmitting and wheeling expenses, financial expenses and power duty.
2. PPA with distribution licensee - PPA with regional distribution company at Average power purchase cost (APPC) as identified by SERC.
3. Selling to start up accessibility customers - Selling at mutually decided industry identified price with all the transmitting & wheeling and other expenses payable to the Transco / DISCOM duly paid.
Solar Panel Subsidy Process
The Solar Power Plant Subsidy Scheme is very consumer friendly. The entire process of approval is managed and organized by us. You just need to register before the subsidy quota gets over and we take care of the rest. Call our executive to understand the registration process, then just sit back and relax. Our team takes care of the entire process and keeps you informed at every stage. Here is the process made simple for you!!
Commissioning & Approval
As you can observe, these are four simple steps. Once you register your rooftop, our expert engineering team does an inspection of your rooftop. We then share a design for your roof and get the approval from BSES\Tata Power\any other DISCOM. We also get your subsidy approved which basically means that you know upfront that your subsidy has been approved before you go for complete installation with us.
Our team then starts the work after these approvals.
Site Inspection & Design
Pay Token amount
Register for Approvals
Net Meter & Subsidy approval
Kick Start Project
Our engineers start the work
CALCULATE YOUR SAVINGS
Use our Simple Solar calculator. Find out how much electricity units are you going to generate by using your rooftop space, how much CO2 will you save and its positive impact on the environment. Figure out the payback period for your rooftop solar power system plant.
For a personalized savings report, please call our Solar Consultant.