Taking a step further towards realising the dream of having 40 GW of installed rooftop solar capacity in India by 2022, the cabinet approved the phase-II of ‘Grid Connected Rooftop Solar Programme’ on 19 February 2019.
A total central financial support of Rs 11,814 crore including capacity building and service charges to the implementing agencies has been allocated for this phase. The implementation of phase-II is expected to reduce CO2 emission of about 45.6 tonnes per year. As an initiative towards curbing rising pollution globally, India, as a part of its Intended Nationally Determined Contributions (INDCs), has set a target of producing 40% of the total power produced from non-fossil fuel sources by 2030.
Out of its two components, ‘Component A’ of the programme aims at installing 4 GW of grid-connected rooftop solar power plants with central financial assistance (CFA) by the end of this phase. At the time of roll-out, the nodal agency, Read More
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