Increasing Production of Solar Energy

The govt. has taken several initiatives to promote Solar Power in the country.

  1. A 10-year tax holiday for Solar Power Projects.
  2. Exemption from excise duties and concession on import duties on components and equipment required to set up a solar plant
  3. A subsidy of 30% of the project cost for off-grid solar thermal projects.
  4. Guaranteed market through solar power purchase obligation to states.
Solar Energy – JNNSM, Solar Cities, Solar Pumps, etc.
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