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MLC Ivan D’Souza Urged centre to increase solar subsidy from 15 % to 30%

MANGALURU: MLC Ivan D’Souza, who is all set to produce power with the installation of a solar grid on the roof at his home, has urged the Centre to double subsidy for solar generation from the present 15% to 30%.

D’Souza on Thursday said Mescom has announced solar grid scheme last year where individuals can produce solar energy and sell it to Mescom. As of now, Mescom has received19 applications of 386kW. Of these, seven are producing 240kW. The individuals load extra electricity rest to the Mescom grid and thereby earn Rs 9.56 per unit or Rs 7.20 per unit, if they avail the subsidy.

As Germany chancellor Angela Merkel has stated that they will provide assistance of over one billion Euros for India’s solar projects, the Centre should take the solar generation initiative aggressively and ease the country’s power woes, he said.

Besides an increase in solar subsidy, the nationalized banks must give soft loans at 4% or reduced home loan rates for private individuals to install solar panels at home, he said.

He said that the duty on solar panels imported from Germany and China must be reduced to make solar power generation more attractive. There must be tax rebates for entrepreneurs and full tax exemption for solar units in such establishments, he said.

D’Souza said he had written to the state and Centre to encourage government buildings to install solar grids to reduce dependency on the grid, thereby saving power.

He also suggested to the state to make it mandatory for houses above 2,500 sq ft to install solar grids and rain water harvesting.

Citing his own case as an example, the MLC said he is in the process of installing a 10 kW solar module at his home, costing Rs 7 lakh. “As of now, my power bill is about Rs 6,000. With solar installation, I will be able to earn more than Rs 6,000 by selling power to Mescom,” he said.

Source:TOI

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