Thursday, September 29, 2022

Power Minister RK Singh launches ‘SARAL’

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New Delhi: Union Minister of State for Power and New & Renewable Energy (IC) and Skill Development & Entrepreneurship launched SARAL in New Delhi on Wednesday. SARAL, State Rooftop Solar Attractiveness Index, is an index that evaluates Indian states based on their attractiveness for solar rooftop development. Karnataka has been placed at the first rank in the Index that evaluates Indian states based on their attractiveness for rooftop development. Telangana, Gujarat and Andhra Pradesh have got 2nd, 3rd and 4th rank respectively.

SARAL based on 5 key aspects

SARAL has been designed collaboratively by the Ministry of New and Renewable Energy (MNRE), Shakti Sustainable Energy Foundation (SSEF), Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Ernst & Young (EY). It was launched during the Review Planning and Monitoring (RPM) Meeting with States and State Power Utilities.

“SARAL would incentivise rooftop solar by creating healthy competition among the States. He encouraged all States to adopt the best practices being followed by top-ranking States”- RK Singh, Power Minister

The rankings that are given under SARAL currently evaluate five key aspects: robustness of policy framework, implementation environment, investment climate, consumer experience and business ecosystem.

Why SARAL?

To achieve our rooftop solar targets, it is important to develop an ecosystem that ensures information symmetry, access to financing and clear market signals. Thus, the MNRE has developed SARAL.

MNRE has set a target of 175 GW of renewable energy capacity by 2022, of which 100 GW solar power is to be operational by March 2022, of which 40 GW is expected to come from grid-connected solar rooftops

It is the first of its kind index to provide a comprehensive overview of state-level measures adopted to facilitate rooftop solar deployment.

175 GW of renewable energy by 2022

Ministry of New and Renewable Energy (MNRE) has set a target of 175 GW of renewable energy capacity by 2022, of which 100 GW solar power is to be operational by March 2022, of which 40 GW is expected to come from grid-connected solar rooftops. The Indian Grid Connected Rooftop PV (GRPV) segment is slowly gaining momentum with substantial interest from entrepreneurs, developers, financial institutions, development banks, end-users and government entities. On a very positive note, rooftop solar PV has already achieved grid parity for commercial and industrial consumers and is fast becoming attractive for residential consumers as well.

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