Solar subsidy : Centre plans cut, Haryana may give more

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The Centre has decided to reduce by half its subsidy on rooftop solar power panels that are now mandatory in Haryana’s buildings, an early hurdle for a scheme the state government wants implemented by September this year. The Union ministry of new and renewable energy has announced the subsidy is likely to be reduced up to 15%. When the scheme was announced, state officials had expected the Centre to offer a 30% subsidy with additional concessions from Haryana to make the scheme more attractive and implementation easier.

Read more : http://epaperbeta.timesofindia.com/Article.aspx?eid=31808&articlexml=Solar-subsidy-Centre-plans-cut-Haryana-may-give-05012015006027

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