Subsidy boost for solar power systems in homes

BHUBANESWAR: If you are upset with frequent power cuts and increasing power bills, then go for solar energy. Opting for electrification through  solar energy will not only ensure better electricity supply but also bring relief from load shedding. The Odisha Renewable Energy Development Agency (OREDA) is encouraging this option by providing subsidy for installing the home  solar powersystem.

“The home solar power system is fast catching up in the city due to its long-term benefits, affordability and solution to frequent power cuts. Presently those who install one MW power plant, the cost of energy will be Rs 7 per unit. But within a year it will be at par with the electricity bills. The government is providing subsidy for installing the power plants,” said OREDA deputy director (technical) B K Swain.

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Amit Antil

After doing Power Management (MBA) from National Power Training Institute (NPTI), Amit Antil is now presently working with Today Green Energy Pvt. Ltd. and looking after business development activities for Solar. Earlier he was associated with leading power trading company Global Energy for 3 years. He has a sound knowledge about bidding, power trading, open access, REC trading, Govt. Liaisoning, Contract Negotiation, Power Purchase Agreement.

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