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Tariff Analysis and Cost-Benefit Tool for Solarizing Irrigation
The Tariff Analysis and Cost-Benefit Tool for Solarizing Irrigation (TACTS) is an Excel-based tool created to support the implementation of solarized irrigation in India, specifically under the PM-KUSUM scheme. It addresses barriers such as unviable tariffs, financing difficulties, and lack of administrative buy-in by providing sections for tariff calculation, financing projections, and cost-benefit quantification. The tool emphasizes that grid unavailability significantly affects the levelized cost of energy and argues that solarizing agricultural power can reduce greenhouse gas emissions and state subsidy obligations.
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Document type: Guide
Tariff Analysis and Cost-Benefit Tool for Solarizing Irrigation
The TACTS tool provides a framework for stakeholders to calculate solar tariffs using the levelized cost of energy (LCOE) method, evaluate risk reduction and financing instruments, and conduct cost-benefit analyses from the perspective of distribution companies (DISCOMs). It specifically supports the implementation of the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) scheme by quantifying avoided generation, power purchase, and transmission costs against the cost of feed-in tariffs.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Guide