BESCOM SRTPV Policy for FY-23/24

Title Image - Updated Solar Policy

BESCOM has released the policy for Grid connected Solar Rooftop Photo Voltaic plants (SRTPV) for the fiscal year 2023-24. This policy will be effective till 31st Mar 2024. Here are the highlights:

No more PPAs for Residences till 10kWp

Now, when you submit your application, which includes the Power Purchase Agreement (PPA), you automatically receive approval to start the installation work for domestic clients who choose an SRTPV system under 10kWp. You will save time and effort by doing away with the necessity for a separate PPA execution.

No more waiting for your first electricity bill

It used to be such that there was a waiting period of sometimes up to 6 months from the time of commissioning to get the first electricity bill. Now, it has been reduced to 30 days from the date of the commissioning of the solar plant.

Get paid for the power you’re not generating.

The responsible officer must act promptly within 5 working days of receiving the work completion report. If the plant is not commissioned within 5 days from the date of work completion, the officer shall be liable to pay a penalty of Rs. 1000 per day until the commissioning is completed. Additionally, if the plant remains uncommissioned after 5 days of work completion, the consumer is entitled to deemed generation benefit.

Tariffs:

Solar Tarrifs FY 2324

Other Key highlights:

  • Applicability: The revised tariff rates are applicable to all new SRTPV projects for which Power Purchase Agreements (PPAs) are entered into on or after April 1, 2023.
  • PPA Tenure: The duration of the PPA for SRTPV projects shall be for the entire life of the solar power project, which is 25 years.
  • Multiple SRTPV Units: The policy allows the installation of multiple SRTPV units or a single unit with combined capacity within the sanctioned load of all the consumers in a single premises.
  • Capacity and Grid Connectivity: Solar rooftop PV plant capacity should not exceed 100% of the sanctioned load. Grid connectivity varies based on installed capacity, ranging from single-phase to three-phase connections.

It is important to note that this blog provides an overview of the updated BESCOM SRTPV policy. For more detailed information and specific guidelines, individuals are advised to refer to the official memorandum and relevant orders issued by the Karnataka Electricity Regulatory Commission (KERC) from the following link –https://bescom.karnataka.gov.in/storage/pdf-files/DSM-Solar/OMtariffforSRTPVinBESCOM30062023.pdf

For more information regarding subsidies for SRTPV, you can refer to this article – https://www.ecosoch.com/solar-rooftop-subsidy-scheme-for-residential-consumers/

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