EVI’s Managing Director Mr. Vinod Kala moderated the panel discussion organized by Indo German Energy Forum in Renewable Energy India Expo, Greater Noida on 08th September, 2016.
The panel discussion on “Enabling Bankability and Investability in PV Rooftop Space” intended to understand the large opportunity in the roof top space (40 GW target by 2022), the challenges, and possible solutions.
The panel had speakers from domains ranging from developer (Cleanmax), development bank (KfW), consultancy (Bridge to India) and banking (IREDA). Some of the ideas that were discussed included
- Web enabled sanction and implementation tracking process, which will help both the utilities and consumers to ensure implementation in a time bound manner. Some utilities already have time defines sanction process.
- Quick loan approvals (possibly enabled by a web tool), which allows borrower to make a loan application, and choose a lender. Evaluation and sanction process which can be approved within a day. This will require key landers to have a standard documentation structure.
- Incentives to Discoms to increase solar roof top penetration. Ideas such as infrastructure up-gradation support from MOP for those Discoms with certain level of roof top penetration