Rooftop solar power generation flops, only 5 MW added to grid of the planned 400 MW in two years
The state government’s roof top solar power generation scheme launched two years ago has flopped with just five mega watts (MW) of power added to the grid of the targeted 400 MW, even as there are reports of power purchase agreement (PPA) being sold by touts.Speaking to TOI, energy minister D K Shivakumar said with the scheme evoking poor response his department modified the notification regarding rules and regulations for roof top solar power generation on March 28. “Not only has the project failed to realize any considerable energy to the grid, it has also created a lot of failed initiatives. Due to our liberal rules and regulations, several PPAs were signed by Escoms with private persons who did not even have structures built. This resulted in literally no addition of solar power to our grid,” Shivakumarsaid.Besdies there were reports that the executed PPAs with consumers smelt of a scam. PPAs were sold and recycled by touts who passed them from one failed project to another.Shivakumar said the fresh notification issued on Monday will regulate the existing PPAs and also the fresh ones which will be signed. It is said the primary reason for the failure of the roof top solar power generation has been the tightening of the loan policies by banking and financial institutions. Banking institutionswere demanding an equal amount of surety, if not more, for sanctioning of loans.