J&Ok on a mission to develop into largest clear energy-producing UT [details]

Jammu and Kashmir is on a mission to develop into one of many largest clear energy-producing Union Territories (UTs) within the nation to cut back dependency on standard sources of vitality and allow the UT in achieving self-sufficiency in its vitality wants.

J&Ok Government acknowledges that renewable vitality also can considerably enhance J&K’s and the Nation’s vitality safety.

To obtain this milestone, the work is occurring to implement the Government of India’s Grid-connected Rooftop Solar Scheme, Phase-II for the residential sector in Jammu to make sure that the electrical energy wants of town are totally met from photo voltaic vitality.

An official spokesperson of the J&Ok authorities on Wednesday mentioned that underneath the venture, 200 MW grid-tied rooftop solar energy crops can be put in on 50,000 residential buildings in Jammu metropolis by the Jammu and Kashmir Energy Development Agency (JAKEDA) underneath its “Solar City Mission” at an estimated value of Rs 1040 crore. The venture can be accomplished by March 2024 and may have a lifetime of 25 years.

The Rooftop Solar Programme will present sponsored set up of solar energy panels on residential homes at the price of Rs. 58,739, Rs. 53,995, Rs. 52,594, and Rs. 51,309 for various classes.

Subsidy to put in photo voltaic panels on roofs

The official spokesman mentioned that the Central Sector Scheme gives a central subsidy element of 40% of the venture value and a state subsidy element of 25% of the venture value for the set up of solar energy panels, beneath 3 KW capability, past which the central subsidy element stays at 20%. The subsidy is offered to the beneficiaries via the DBT mode.

The official additional mentioned that these rooftop solar energy crops can be linked to the grid on a internet metering foundation. The investments made by the beneficiaries can be recovered at a price of 25% yearly on account of the saving of vitality, with a payback interval of roughly 4 years.

With the implementation of the venture, J&Ok will profit from the technology of roughly 280 million models of vitality yearly, with a corresponding discount in carbon emissions of roughly 5.44 million tons, in addition to reaping features from financial savings on account of inter-state transmission losses to the tune of 224 million models, he added.

375 photo voltaic pumps to be put in in 2022-23

J&Ok has a great potential for photo voltaic vitality and the renewable vitality capability would assist to bridge part of its energy requirement. Under the brand new finances in PM KUSUM Scheme, 375 Solar Water Pumps can be put in in 2022-23 offering electrical energy profit to 47,159 souls, direct agriculture profit to 18,750 souls, and oblique agriculture profit to 160,000 souls.

Prime Minister Narendra Modi inaugurated a 500-kilowatt solar energy plant at Village Palli of Samba which is able to make it India’s first “carbon-neutral” Panchayat.