Loan for Installation of Grid Interactive Rooftop Solar PV Plants

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The Government of India has set a challenging target of 40,000 MWp of Grid-Interactive Rooftop Solar PV Plants during the next five years. These rooftop solar PV plants will be set up in residential, commercial, industrial, institutional sectors in the country ranging from 1 kWp to 500 kWp capacity. Such rooftop plants have become economically viable as they produce clean electricity from the solar energy at about Rs. 7.0 per kWh without any subsidy. The Government is providing a subsidy of 15% on these plants to the beneficiaries which makes it further attractive and viable.

Read more : http://mnre.gov.in/file-manager/UserFiles/Press-Release-Grid-Interactive-Solar-Rooftop.pdf

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