Green light for Rs. 5,000 crore sop for rooftop solar power

There will be no subsidy for commercial establishments in the private sector.

  1. The Cabinet Committee on Economic Affairs approved an increase in the budget for implementation of grid-connected solar rooftop systems to Rs.5,000 crore to 2019-2020.
  2. This will support installation of 4,200 MW solar rooftop systems in the country in next 5 years.
  3. The capital subsidy of 30 per cent will be provided for general category States and Union Territories and 70 per cent for special category States.
  4. This will enable the balance capacity through market mode to achieve the target of 40,000 MWp by 2022.
  5. The government has revised the target of National Solar Mission (NSM) from 20,000 MWp to 1 lakh MWp by 2022.
Solar Energy – JNNSM, Solar Cities, Solar Pumps, etc.
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