Government policy to offer solar panels at subsidized rates

 

Government policy to offer solar panels at subsidized rates

Government policy to offer solar panels at subsidized rates


Provision of central financial assistance (CFA) for institutional and social sectors was available under Phase-I of Rooftop Solar Programme, which was under implementation in the country till March 2020. With reduction in cost of the installation of Rooftop Solar (RTS) power systems, central financial assistance to beneficiaries of all sectors, except residential sector, has been discontinued under Phase-II of Rooftop Solar Programme currently under implementation.

However, Under Ph-II of the RTS Programme, incentives of 5% of the benchmark cost for RTS capacity addition beyond 10% and up to 15% of the baseline RTS capacity as on 31st March of the previous year, and incentives of 10% of the benchmark cost for RTS capacity addition beyond 15% of the baseline RTS capacity as on 31st March of the previous year, are being provided to DISCOMs towards installation of RTS projects in all sectors, including solar power panels at educational and religious institutions, NGOs, etc.

This information was given by Shri R.K Singh, Union Minister for Power and New and Renewable Energy in a written reply in Rajya Sabha today.

1 Comments

Please do not enter any spam links in the comments box.

  1. Your blog is very valuable which you have shared here about Buy Solar Panels Online I appreciate the efforts which you have put into this blog and also it is a gainful blog for us. Thank you for sharing this here.

    ReplyDelete

Post a Comment

Please do not enter any spam links in the comments box.

Previous Post Next Post