Solar Irrigation Pumping System

1). Policy shall add the Solar Irrigation Pumping System with good amount of subsidy in the form of INCOME TAX HOLIDAY to be adjusted in 4 to 6 years of their balance sheet i.e (90% of the pumping system with pumps) INCOME TAX HOLIDAY (reverse of Accelerated Depreciation, which is only meant for Tax evading entities) for Corporate sectors or business houses or Societies or Agencies or Financial Institutions, NGOs etc, who wish to provide (or Donate) such systems free to the poor and Marginal Farmers. This can be part of Corporate Social Responsibility as they are going to invest 10% minimum, hence, large scope of such pumping solutions with Geology department permission to retain the ground water table.

This INCOME TAX HOLIDAY can also be provided to such agencies who create ponds (up to 90% of the project costs) for providing free drinking water or water for irrigation purpose through Solar IRRIGATION PUMPING SYSTEMS or even promote FISHERIES in such ponds in the Taluka / Villages etc...

2). Since small roof top PV are inefficient, in order to avoid Capital subsidy sucking tool, i propose to allow all the small residential Solar PV promoters to be given a minimum of 65% of the project value to be in the form of INCOME TAX HOLIDAY, to be adjusted in the entire household income, so that the Inverter (off grid) can be charged or in the day the power can be used, if there is no grid electricity. This will eliminate the Net metering hazards for small systems and also the Kerala SCAM or Central Government subsidy sucking mechanisms.

When such SOLARISATION happens, COAL will take its back seat and also the SCRUPULOUS FiT business model which makes us to pay huge money i.e Rs. 9+REC+AD benefits to few.... the FiT model is the most expensive system designed only for few to take away common man's money, instead, OFF GRID small systems are the best.

3). Buying Solar PV at APPC costs(rs.3/kwh) through net metering from Industry roof or commercial roof with 65% of project cost to be adjusted in the next 4 to 6 years of Income as INCOME TAX HOLIDAY with 50% more energy (after using the kwh required for the plant / commercial establishment) will also make DISCOMs healthy and the effective and low cost Net Metering will take place at APPC costs without even REC. Thus, SOLARISATION without Capital Subsidy, Accelerated Depreciation, high FiT, no REC, but with a simple INCOME TAX HOLIDAY to get 65% of roof top pv Project cost as free, which is also paid back with excess energy generation, which gets supplied at APPC costs, hence, the ECONOMY OF THE NATION WILL ALSO BE IMPROVED, CAD will be reduced, Diesel hybrid can also be promoted.

Then, why Coal will be question, after suitable Energy PV storage solutions. Today itself, we have a APPC cost Solar PV solution, but, INCOME TAX HOLIDAY will save lot of Capital Subsidy as this income tax holiday gets repaid through excess energy generation, thus, service to the Nation, no tax evasion through Accelerated Depreciation, which is only possible for few corporate cos or few business houses, so, why not an INCOME TAX HOLIDAY for all home electricity users with pay back through excess energy...