iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Ministry of New and Renewable Energy implements Rooftop Solar Programme Phase-II

23 Mar 2022 , 01:39 PM

The Ministry of New and Renewable Energy is implementing Rooftop Solar Programme Phase-II for which the guidelines were issued in August 2019. Under this Programme 4000 MW rooftop solar (RTS) capacity addition is targeted in residential sector through Central Financial Assistance (CFA).

CFA up to 40% of the benchmark cost is provided for RTS projects up to 3 kW capacity and up to 20% for RTS system capacity beyond 3 kW and up to 10 kW for individual households. For Group Housing Societies/Residential Welfare Associations (GHS/RWA), CFA is limited to 20% for RTS plants for supply of power to common facilities maximum 500 kW capacity.

In addition, incentives up to 10% of the cost of rooftop solar are provided to Distribution Utilities depending upon achievements in capacity addition above baseline.

The Programme is demand-driven and capacities are allocated based on demand received from Distribution Utilities and other state implementing agencies. Ministry has so far allocated 3162 MW of capacity for the residential sector. Against the allocated capacity of 3162 MW, a total 1252 MW capacity has been reported installed as on 28.02.2022. The State-wise details of capacity allocated and installed is give as Annexure.

This information was given by Shri R.K Singh, Union Minister for Power and New and Renewable Energy in a written reply in Rajya Sabha.

Grid connectivity for rooftop solar projects including net-metering is provided by distribution utilities as per regulations notified by the respective State Electricity Regulatory Commission/Joint Electricity Regulatory Commissions. These regulations are notified by regulatory commissions after stakeholder consultation and are amended from time to time.

The Ministry regularly reviews the progress of implementation of the programme including the net-metering problems with distribution utilities and advises corrective steps to resolve the same.

MNRE has also issued a notification for simplification of the Rooftop Solar programme which inter alia includes online application for net- metering approval.

Related Tags

  • Ministry of New and Renewable Energy
  • Rooftop Solar Programme Phase-II
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.