Rooftop solar scheme is a great initiative. Let’s secure its implementation
Recent months have seen significant developments in India's rooftop solar landscape. In early January, the ministry of new and renewable energy raised the subsidy for solar rooftops from ₹18,000 to ₹20,000 per KW for 1 KW systems. On January 21, the government simplified rooftop solar implementation rules, followed by Prime Minister Narendra Modi's announcement of the PM Suryodaya Yojana on 22 January, enabling one crore households to set up solar panels on their rooftops. The scheme incentivizes rooftop solar installation by providing an increased subsidy of up to ₹30,000 per KW for up to 2 KW and ₹78,000 for 3 KW or higher plus loans at 7%, development of a model solar village for rural areas, payment security for renewable energy service companies and a fund for innovative projects and a dedicated portal for online registration and availing benefits. On 25 January, the MNRE allocated states to eight Central Public Sector Enterprises for implementing the rooftop solar targets as renewable energy service companies.
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