Suryashakti Kisan Yojana PDF Summary
Hello friends, As we all know Gujarat government has launched Suryashakti Kisan Yojana (SKY) 2022 for farmers’ welfare. So we are going to upload Suryashakti Kisan Yojana PDF to help you all. Underneath this scheme, landlords can use solar energy for irrigation purposes and can also sell remaining power via the grid. For the facility of solar panels, farmers will only have to pay 5% upfront of the total cost. Central & State govt. will provide a subsidy of 60% while for the rest 35%, the state govt. will supply low-cost loans to the farmers for 7 years.
Agriculturalists can generate power through these solar panels and can market it to the state government. The government will procure electricity at a rate of Rs. 7 per unit for 7 years while at Rs. 3.50 for the remaining 18 years. SKY scheme is expected to cover 15 lakh farmers in 33 sections and will supply them with solar power through 7,060 feeders.
Gujarat Suryashakti Kisan Yojana 2022 Details
The state govt. of Gujarat will implement Suryashakti Kisan Yojana or SKY scheme in the entire state. The main aim is to harness solar energy and to put it to use to generate power. Now farmers can generate electricity and utilize it for irrigation purposes and sell the additional energy via the grid. The scheme is for farmers already connected to the grid. Desirable to include as many farmers as possible on a given AG feeder. Farmer’s on a feeder should form a committee for ease of communication & implementation.
The farmer will be provided with a grid-connected solar PV system. 1.25 kW PV system to be provided per hp (For eg- 10 hp = 12.5 kW PV system). Installation through empanelled installers at competitively discovered rates. “SKY” feeder to be kept ON during daytime for 12 hours.
Suryashakti Kisan Yojana Funding
- 5% Minimum upfront investment from the farmer
- 35% Loan on behalf of the farmer
- 30% Subsidy from Govt. of Gujarat (through a loan)
- 30% Subsidy from Govt. of India
State Govt. will take a loan of 65% of capital expenditure from NABARD at <=6% interest for 7 years.
Suryashakti Kisan Yojana Returns
- Farmers would utilize the solar electricity, and inject the surplus generated electricity into the grid.
- Farmer’s would earn revenue based on net evacuated energy at the end of the billing cycle.
Revenue During First 7 Years
- Rs. 3.50 per kWh, feed-in tariff by DisCom, plus
- Rs. 3.50 per kWh, evacuation-based incentive (subsidy) by Govt. of Gujarat up to a maximum of 1,000 kWh per hp per year of contract load.
Revenue During Next 18 Years
Rs. 3.50 per kWh, feed-in tariff by DisCom
Major Benefits of Suryashakti Kisan Yojana
- Relief from the electricity bill.
- Additional income from the sale of surplus electricity.
- 12 hours of daytime grid-quality power.
- Return on investment within 8 to 18 months.
- Ownership of PV system after loan repayment.
- 7 years performance guarantee on a PV system.
- Insurance on PV system by State Govt.
- Land under PV modules can be used for cropping.
- Option of the increasing height of PV modules.
- Development of rural economy.
Environment Benefits from Suryashakti Kisan Yojna
- Clean energy generation
- Avoid requirement of large parcels of land
- Incentive for efficient water utilization
Technical Benefits from Suryashakti Kisan Yojana
- Improved transmission & distribution efficiency
- Maximum utilization of existing grid infrastructure
- Avoid establishment of dedicated transmission facility
SKY Benefits to Public
- Reduction in cross-subsidy surcharge
- Reduction in government subsidy burden
Salient Features of SKY Scheme in Gujarat
The important features and highlights of this SKY scheme are as follows:-
- Solar Panels Purchase Cost – Out of the total cost, farmers will only have to pay 5%. 60% would be given as subsidy amount while 35% would be given as low interest rate loans for 7 years. The loan repayment time is fixed at 7 years.
- Selling Additional Power – Farmers can sell the additional power to state government. For first 7 years, govt. will purchase power at a cost of Rs. 7 per unit while govt. will purchase the power at Rs. 3.5 per unit for next 18 years.
- This scheme will provide a huge relief to the farmers and will also generate additional income. Farmers will be able to recover the cost of investment within the next 8 to 18 months.
- Currently, farmers are getting electricity for 8 hours for irrigation purpose. After the successful implementation of this project, farmers will get electricity upto 12 hours.
- Suryashakti Kisan Yojana will also resolve the concerns of farmers of getting power supply only at night.
- Extra Earnings for the Govt. – Currently, farmers in Gujarat pay around 50 paise / unit for electricity supply for irrigation purposes. The state government spends about Rs. 4,500 – 5,000 crore per year as subsidy on electricity for irrigation purpose. This subsidy cost can be brought down by proper implementation of SKY Scheme.