The KUSUM scheme, with over Rs 50,000 crore government support to promote the use of solar power among farmers, is likely to get the Cabinet nod by this month end and will be rolled out in the first half this fiscal, a senior official said today.
NTPC has been forced to cancel the result of its 250 mw solar auction held in October last year, which was won by Azure Power quoting a tariff of ₹3.14 per unit.
The Union government is working on a “rent a roof” policy to support its ambitious plan to generate 40 gigawatts (GW) of power from solar rooftop projects by 2022, said Anand Kumar, secretary in the ministry of new and renewable energy.