Govt incentivises grid connected rooftop solar systems
POWER & RENEWABLE ENERGY

Govt incentivises grid connected rooftop solar systems

R K Singh, Minister of Power and New and Renewable Energy, said in his written reply to Rajya Sabha that the Government is encouraging rooftop solar systems connected to the grid to promote Rooftop Solar (RTS) in the country with an incentive, including the rural areas.

While the RTS capacity aggregating 4000 MW is targeted for installation in the residential sector by 2022 with the subsidy provision, the Ministry of New and Renewable Energy is executing the Rooftop Solar Programme Phase II.

For RTS plants up to 3 kW capacity, a subsidy of up to 40% of the benchmark price is provided and 20% for RTS plants of capacity beyond 3 kW and up to 10 kW for individual households.

The subsidy is narrowed to 20% of the benchmark price for RTS plants of up to 500 kW capacity used to provide power to common facilities for Group Housing Societies/Residential Welfare Associations (GHS/RWA).

The government took specific significant steps for the overall promotion of grid connected rooftop solar systems in the country. To achieve additional capacity over and above the installed capacity of the previous year, the Government launched phase II of the rooftop solar programme under Central Financial Assistance (CFA) for the residential sector and for power discoms, it provides incentives in slabs.

The CFA assistance for institutional/residential/social sectors and achievement linked incentive was provided for the government under Phase-I of the programme.

The government has begun assisting the states in the integration/development of online portals and aggregation of demands relating to rooftop solar projects.

It advised the states to report the et/gross metering regulations for RTS projects, and currently, all 36 states/UTs/SERCs have reported such regulations and tariff orders.

It facilitated concessional loans from Asian Development Bank (ADB) and World Bank through SBI and PNB, respectively, to distribute loans to commercial and industrial sectors, where the ministry is not providing CFA per incentive.

Image Source


Also read: Government offers subsidy to promote rooftop solar across India

R K Singh, Minister of Power and New and Renewable Energy, said in his written reply to Rajya Sabha that the Government is encouraging rooftop solar systems connected to the grid to promote Rooftop Solar (RTS) in the country with an incentive, including the rural areas. While the RTS capacity aggregating 4000 MW is targeted for installation in the residential sector by 2022 with the subsidy provision, the Ministry of New and Renewable Energy is executing the Rooftop Solar Programme Phase II. For RTS plants up to 3 kW capacity, a subsidy of up to 40% of the benchmark price is provided and 20% for RTS plants of capacity beyond 3 kW and up to 10 kW for individual households. The subsidy is narrowed to 20% of the benchmark price for RTS plants of up to 500 kW capacity used to provide power to common facilities for Group Housing Societies/Residential Welfare Associations (GHS/RWA). The government took specific significant steps for the overall promotion of grid connected rooftop solar systems in the country. To achieve additional capacity over and above the installed capacity of the previous year, the Government launched phase II of the rooftop solar programme under Central Financial Assistance (CFA) for the residential sector and for power discoms, it provides incentives in slabs. The CFA assistance for institutional/residential/social sectors and achievement linked incentive was provided for the government under Phase-I of the programme. The government has begun assisting the states in the integration/development of online portals and aggregation of demands relating to rooftop solar projects. It advised the states to report the et/gross metering regulations for RTS projects, and currently, all 36 states/UTs/SERCs have reported such regulations and tariff orders. It facilitated concessional loans from Asian Development Bank (ADB) and World Bank through SBI and PNB, respectively, to distribute loans to commercial and industrial sectors, where the ministry is not providing CFA per incentive. Image Source Also read: Government offers subsidy to promote rooftop solar across India

Next Story
Infrastructure Urban

Cabinet to Weigh Formation of SPV for Bengaluru’s Infra Projects

The Karnataka Cabinet is set to discuss the formation of a Special Purpose Vehicle (SPV) to take charge of key infrastructure projects in Bengaluru, a move aimed at streamlining the city’s development and reducing traffic congestion.The proposed SPV will have the state government and the Bruhat Bengaluru Mahanagara Palike (BBMP) as stakeholders. The Cabinet is expected to finalise the shareholding ratio between the two. Once operational, the SPV will oversee major infrastructure initiatives such as tunnel roads, elevated corridors, buffer zone roads along stormwater drains, white-topping pro..

Next Story
Infrastructure Urban

MEIL Receives Purchase Order for Nuclear Power Project from NPCIL

Megha Engineering & Infrastructure Ltd. (MEIL) has formally received the Purchase Order for a Rs 128 billion EPC contract from the Nuclear Power Corporation of India Limited (NPCIL) to construct two 700 MWe nuclear reactors—Kaiga Units 5 & 6—in Karnataka. This is the biggest-ever order placed by NPCIL and marks MEIL’s first major step into the nuclear energy sector—a field that will help shape India’s energy future. The order was formally handed over at NPCIL’s Mumbai headquarters to Shri Ch. P. Subbaiah, Director, MEIL (Projects), and his team. It was not just a professio..

Next Story
Real Estate

Sheth Realty sets Rs 30 billion target for FY26 launches

Mumbai-based Sheth Realty is targeting a topline of over Rs 30 billion in the financial year 2025-2026, driven by planned launches in Borivali, Dombivli, Versova, and Mulund. The announcement follows the success of its debut project, Promont, located near the Sion-BKC Connector, which recorded sales worth Rs 4 billion within nine months of its launch. The company reported that 50 per cent of the project inventory was sold during just 20 per cent of its overall project lifecycle.In January 2025, Sheth Realty and Aakshya Realty secured Rs 1.5 billion in funding from IndusInd Bank to ensure the s..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?