About NSEFI

National Solar Energy Federation of India(NSEFI)

is an umbrella organization of SolarManufacturers, Developers both PV andThermal, EPC Contractors, MNRE ChannelPartners, Financial Institutions, Balanceof Plant and component manufacturers &suppliers and other stake holders such asPower Exchanges, Solar Appliancesmanufacturers, Service Providers, NGOsand all the stakeholders of solar energyin India.

Country wise solar capacities

2

7000 MW India Target 100,000 MW

Indian Solar Growth

3

Solar Potential in India

State/UT Potential (GW) %

Rajasthan 142.31 19.00%

J & K 111.05 14.83%

Maharashtra 64.32 8.59%

Madhya Pradesh 61.66 8.23%

Andhra Pradesh 38.44 5.13%

Gujarat 35.77 4.78%

Himachal Pradesh 33.84 4.52%

Odisha 25.78 3.44%

Karnataka 24.7 3.30%

Uttar Pradesh 22.83 3.05%

Telangana 20.41 2.73%

Others 167.88 22.41%

TOTAL 748.99 100.00%

Courtesy: Solar Energy Corporation of India

11%

19%

28%

42%

Expected Bucket Share for Utility Projects

State Bids

SECI/NTPC non solar park

NSM Solar park

Open Access,Captive,REC &Others

Government Vision by 2022

0

10

20

30

40

50

60

70

80

90

100

2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Siz

e (

GW

)

Planned Solar PV Installations

Rooftop Utility

Immediate and Medium Term Visibility

Immediate focus FY 17

Medium Term Focus FY 19

Bihar

NSM & State Policy

500 MW

West Bengal

50 MW Pump Storage

Solar Plant ,

SECI 500 MW solar park

Andhra Pradesh

SECI 650 MW

Solar Park

Assam

SECI 70 MW

Solar Park

Uttar Pradesh

State Policy+Solar Park

650 MW

Madhya Pradesh

750 MW REWA

Solar Park

Maharashtra

SECI 500 MW

Solar Park

Karnataka

NTPC 150 MW

Solar Park

Haryana

SECI 250 MW

Solar Park

Near and Medium Term Opportunity

Jammu & Kashmir SECI100 MW

Solar Park

GOI Vision in Next Five Years- 9 GW to 100 GW

India’s Power Scenario

India’s Solar Landscape

Growth in demand for power anticipated in India in the next 15 years; However, reforms to reduce AT&C losses and improve DISCOM health

critical

Solar sector expected to bloom due to growing demand, strong government support and falling capex; Govt. has set a target of 100 GW

installed solar capacity by 2022

Uti

lity

Sc

ale

Lan

ds

ca

pe

Business

Segment

Priority

Priority States

NSM PPA State PPA Group Captive/ Bilateral APPC+ REC

Pipeline visibility, low counter-party

risk ,limited operational risks

Returns and risk vary by state;

focus on limited states

Opportunity size growing, regulatory

issues to be addressed

Unstable market but lately Govt. is

trying to support

AP TL MP KA RJ

Strong Policy Support, Well Defined Targets,

Low Risk

TN GJ MH PB UP

Challenges around Low Targets, Moderate SEB

Health, Implementation Issues; Opportunistically

Pursue Projects

J&K BR HR HP KL Assam

Limited Attractiveness, Significant

Implementation Risks

Indian Solar Scenario

Tariff & Competition

Bid tariffs have consistently decreased significantly over last 5 years ($0.2 to $0.09) due to auction mechanism, module pricing decline and

competition; Winning bid variability has decreased to less than 10%

Large professional IPPs (10 – 12 players) have dominated recent bids and allocations; with declining tariffs, major IPPs forced to leverage

multiple levers to generate acceptable returns (>15%)

Solar Rooftop PV

Target 40,000 MW by 2022

Current Status Installations Progress

Major States

Tamilnadu; Maharastra, Karnataka, Punjab, UP, Rajasthan, AP etc.

• Total installations Reach ~ 800 MWp

• Capex Model dominates over OPEX model.

Source : Bridge2India

India’s Rooftop Solar IncentivesCommercial Segment–

AD Benefit of upto 40% /year.

• Income tax Benefit for 10 years (not applicable from next financial year)

• Local tax incentives as per state schemes/policies.

• Additional Residential/Institutional Rooftop Incentives. - Subsidy 30-70% of benchmark/lower project cost.

• Priority Sector Lending:• Low cost financing (9-10% with a tenor ranging from 12-15 years)

• Generation based Incentives (GBI) in few states. E.g. Delhi

• Net Metering in most of the States

• Eligible for Renewable Energy Certificates (REC)

Progress Status of Rooftop Solar in India

Source: Bridge to India, as on 31st Mar 2016, Solar Energy

Corporation of India

State/UT (MW) %

Tamil Nadu 85.4 11.54%

Gujarat 62.6 8.46%

Maharashtra 62.3 8.42%

Punjab 55 7.43%

Karnataka 47 6.35%

Rajasthan 44.4 6.00%

Uttar Pradesh 43.4 5.86%

Telangana 37 5.00%

Andhra Pradesh 36 4.86%

Haryana 35 4.73%

Delhi 32 4.32%

Chhattisgarh 30 4.05%

Others 169.9 22.96%

Total 740 100%

Solar Policy notified by 17 states

Net Metering Policy in 18 states

Emphasis by GoI to set state-wise targets and direction

to all Ministries to set up Rooftop on Government/PSU

Buildings

Palatana (1)

Kolkata (2)

Bhubaneswar (1)

Chennai (6)

Coimbatore (1.5)

Bangalore (3)

Mumbai (1)

Pune (3)

Gwalior (1)

Chandigarh (1)

Jaipur (3.75)

New Delhi (5)

Gurgaon (2.5) Noida/Greater Noida (3.5)

Raipur (2.05)

Hyderabad (4)

Implementing Rooftop projectswith subsidy from MNRE

Upto 500kW capacity projects beingset up in select cities

Phase I: 5.5 MW (4 cities)

Phase II: 11.3 MW (6 cities)

Phase III: 10 MW (9 cities)

Phase IV -1:32.5 MW (29 cities)

Legend

Phase I

Phase II

Phase III

Phase IV – Part 1

Phase IV –Part 2

Multiple phasesMadurai (0.5)

Vijaywada (0.5)Tirupati (0.5)

Nagpur (0.5)

Nasik (0.5)

Bhopal (1)

Panchkula (1)

Patna (2)

Ranchi (2)

Mohali (1)

Amritsar (0.5)

Ludhiana (0.5)

Gandhinagar (1)

Vadodara (0.5)

Surat (0.5)

Mysore (1)

Durgapur (1)

Faridabad(0.5)Jodhpur (.25)

Neemrana (.25)

Lucknow (1.0)

Phase IV -2: 24 MW (17 States)

A & N (1)

Pan India > 68 cities

Rapid Rooftop SPV Growth across the Country under MNRE/SECI Program

11

1st stage - Application

• Consumer: Receipt of Application Form

• Discom: Technical feasibility

• Discom : Application Approval/ Rejection on the basis of technical feasibility

2nd stage – Registration

• Consumer: Receipt of Registration form

• Discom : Technical evaluation

• Discom : Site visit of solar plant

• Discom : Registration form Approval/ Rejection

• Discom and Consumer : Net metering connection agreement

3rd stage - Net meter installation

• Consumer: Solar plant installation & Intimation

• Discom : Auto debit necessary charges through electricity bill

• Discom : Net meter installation

Net Metering - Stages

Policies for Net Metered Rooftop Installations

STATESMaximum percentage of

sanctioned loadMaximum allowed capacity(in

MW)Minimum capacity (in KW)

Allowed cumulative capacity at DT

Delhi NA NA 1 20%

Uttar Pradesh 100% 1 1 15%

Chhattisgarh NA 1 50

Jharkhand 100% 1 1 15%

Punjab 80% 1 1 30%

J&K 50% 1 1 20%

Assam 67% 1 1 15%

Bihar 100% 1 1 15%

Haryana 105% 1 NA 15%

Maharashtra 100% 1 NA 40%

State-wise percentage of sanctioned load allowed for Rooftop Installation

STATESMaximum percentage of

sanctioned loadMaximum allowed

capacity(in MW)Minimum capacity (in KW)

Allowed cumulative capacity at DT

Himachal Pradesh 30% NA NA 30%

Goa and UTs 100% NA 1 30%

Odisha 100% NA 30%

Rajasthan 80% 1 1 30%

Kerala 80% 1 1

Manipur (cap on only energy)

0.5 1 30%

Tamil Nadu (cap on only energy)

30%

Meghalaya 1 1 15%

Madhya Pradesh 15%

Gujarat 50% 1 1 30%

Policies for Net Metered Rooftop Installation

State-wise percentage of sanctioned load allowed for Rooftop Installation