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A Big Boost for Solar Rooftops in India

News and Press Release - Dated:- 30-12-2015 - Cabinet approves ₹ 5000 crore for promotion of Solar Rooftops in the country The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has approved the scaling up of budget from ₹ 600 crore to ₹ 5,000 crore for implementation of Grid Connected Rooftops systems over a period of five years upto 2019-20 under National Solar Mission (NSM). This will support Installation of 4200 MW Solar Rooftop systems .....

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mptions and tax holiday etc, This capacity of 4200 MWp will come up through the residential, Government, Social and institutional sector (hospitals, educational institutions etc.). Industrial & commercial sector will be encouraged for installations without subsidy. This will create the market, build the confidence of the consumers and will enable the balance capacity through market mode to achieve the target of 40,000 MWp by 2022. The Government has revised the target of National Solar Missi .....

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