Case of Maharashtra State Power Generation Co. Ltd. and Maharashtra State Electricity Distribution Co. Ltd. seeking approval for Adoption of Tariff rate of Rs 3.10/kWh for Long Term Procurement for 7 MW Solar Project under Mukhyamantri Saur Krishi Vaahini Yojana and for approval to the deviations sought in the Draft PSA and PPA.
India’s textile sector is one of the oldest industries in the Indian economy dating back several centuries. Even today, textile sector is one of the largest contributors to India’s exports with approximately 13 per cent of total exports.
It is a well-known fact that Electricity Bill consumption is a big recurring cost that every industry owner has to bear. While machines continue to get power efficient, the cost of power also has gone up in the last few years and continues to do so, making your electricity bill a recurring expense. This is where going solar can be a well informed financial decision. With a Solar System on your rooftop, not only will you produce your own power and consume it bringing the cost of your electricity down, you will also lock in the costs of power for the next 25 years. This implies the price rise in power would no longer affect you.
Textile industry has been early adopter of renewable energy in India and has contributed largely in the growth of clean energy in the country. Many textile mills have set-up captive power plants, wind mills and now solar power plants. With the evolution of solar ecosystem in India and knowing the numerous advantages of solar energy, textile industry has embraced the solar power and started to deploying solar systems.
Benefits of Solar for Textile Industry
The Ministry of New and Renewable Energy through its National Solar Mission Of India has set a target of 40 GW power through rooftop solar by 2022. Though this target may seem ambitious, it is still achievable. There are several reasons that further accentuate the benefits of installing solar rooftop panels in buildings:
· Cost savings
The biggest advantage of installing rooftop solar panels is that they offer cost savings. The tariff rates for rooftop solar in comparison to industrial and commercial tariff rates are cheaper by 17% and 27% respectively. Rooftop solar installations are also attaining grid parity in several sectors of India. For building owners, rooftop solar installations can even help in cutting down electricity bills. Rooftop panels supply electricity to buildings, so they need to buy less electricity from the grid thereby saving on energy costs.
· Secure investment
Electricity prices keep on fluctuating from time to time. So, it is difficult to calculate the expenditure on electricity for a certain period of time. However, when it comes to electricity generated by solar rooftops, the price of power generated can be calculated easily. In fact, one can even calculate the cost of electricity generation for another 10 years. In this way, it is a secure investment.
· Support from the government
In order to encourage people to adopt solar energy, the government offers tax credits to those who install rooftop solar panels whether it be for residential or commercial purposes
· Reduces Carbon Footprints
Most of the companies operate with explicit carbon footprint reduction. Solar plants help in environmental protection; it is a good source of energy that combats climate change. Thus, rooftop solar is ideal as it reduces carbon footprints.
· Green source of energy
This is an era where more and more people are adopting eco-friendly items. The consumers, especially industrial and commercial consumers, are willing to make capital investments to contribute towards the preservation of the environment. Environment-friendly customers are even willing to pay higher than grid power.
· Low maintenance cost
The chief factor that accentuates the importance of rooftop solar panels is that they require very less maintenance. They come with a service life of over 20 years if maintained properly.
· It doesn’t require additional space for installation
One of the biggest advantages of rooftop solar panels is that they can be installed on any type of roof. So, people don’t need to vacate a land or invest in buying additional land to set up rooftop solar panels. Furthermore, the panels offer protection to the roof of the building in which they are installed.
A garment manufacturer that has set up a green field manufacturing facility at Sitapura, Jaipur wanted to incorporate Solar Energy as a part of its Go Green initiative. This textile industry understood the benefits of solar and pioneered the deployment of solar systems as a part of their Go Green initiative. First and foremost, it gives textile manufacturers control of one of the critical cost variables, power, and provides them a long-term differentiation. While as a percentage of conversion cost spinning mills have higher percentage, dyeing and fabric units will also benefit from its adoption. With a 110KW Solar panel installation this textile unit is going to save upto 12.30 lakh annually on their electricity bills, which in turn gives them enormous amount of savings to progress and facilitate better qualities, contribute better than ever in the textile sector.
This gives textile manufacturers control of one of the critical cost variables, power, and provides them a long-term differentiation. While as a percentage of conversion cost spinning mills have higher percentage, dyeing and fabric units will also benefit from its adoption. The early adopters of solar power who avail themselves of AD and REC beneﬁts currently available would have built a long-term differentiator for their businesses and a winning proposition in the marketplace, every penny saved is a penny earned and therefore going solar (especially when the generation in the state is one of the highest) should be seen as necessary.
Always insist on quality
Our solar panel manufacturing process is defined by world-class technology and professional workmanship. We utilize the highest-quality materials to ensure that our solar panels will generate value for decades to come. Going solar can reduce your company’s energy costs, and have a major impact on your bottom line. We manufacture high-quality, reliable solar panels for homes, large commercial buildings and power plants. SolarMaxx solar panels are sealed, weatherproof and highly durable. Our PV modules come with the ability to withstand high levels of ultraviolet radiations & moisture. Our manufacturing unit at Jaipur is capable of producing both mono and poly crystalline modules from 40Wp to 325Wp and above.
Why choose an Indian manufacturer?
SolarMaxx Solar PV panels offer enhanced performance and produce more than 80% of rated power under STC even after 25 years of operation. Our PV modules deliver efficient performance in high temperature conditions in the desert due to the improved temperature coefficient. They are compact in size and have been designed to deliver enhanced output and efficiency. Highly durable with its new reinforced frame design, made in India SolarMaxx Solar PV Modules can endure a front load of up to 5400 Pa, and a rear load of up to 2400 Pa. Our automated quality manufacturing makes them resistant to sand dust too. SolarMaxx as a company provides you quality solar solutions right from the product to installation, maintenance and monitoring. Choosing made in India solar panels also boost the local economy.
Choosing the right solution provider
A good company in solar has a manufacturing process that is defined by world-class technology and professional workmanship. Using highest-quality materials to ensure the solar panels will generate value for decades to come. Going solar can reduce your company’s energy costs, and have a major impact on your bottom line. Good photovoltaic modules come with the ability to withstand high levels of ultraviolet radiations & moisture.
Solar PV panels from SolarMaxx were recently installed at the factory of The Choice Fashions Pvt. Ltd. Sitapura, Jaipur. From maintenance to remote monitoring of the system everything is taken care of by the solar energy solution provider, making it a hassle free experience and an investment full on only boons for the garment factory owner.
TUV, MNRE recognised high quality solar modules offer enhanced performance and produce more than 80% of rated power under STC even after 25 years of operation. Good quality polycrystalline PV modules deliver efficient performance in high temperature conditions in the desert due to the improved temperature coefficient. They are compact in size and have been designed to deliver enhanced output and efficiency. Highly durable with its new reinforced frame design, these Solar PV Modules can endure a front load of up to 5400 Pa, and a rear load of up to 2400 Pa. An automated quality manufacturing makes them resistant to sand dust too.
If all textiles units across the country adopt solar rooftop systems it can bring a significant change in India’s carbon footprint and make this large sector environment efficient.