Rooftop solar power subsidy scheme

Q.  Which of the following statements is/are correct about  rooftop solar power subsidy scheme?

1. The budget for scheme is increased to Rs 5,000 crore for period of 5 years.
2. Industrial and commercial  buildings also can avail subsidy under this scheme.

- Published on 04 Jan 16

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Only 1
- The government is scaling up of budget from Rs 600 crore to Rs 5,000 crore for implementation of Grid Connected Rooftops systems over a period of five years upto 2019-20 under National Solar Mission (NSM)
- This will support installation of 4,200 MW Solar Rooftop systems in the country in the next five years
- The capital subsidy of 30 per cent will be provided for general category States/UTs and 70 per cent for special category States including i.E., North-Eastern States including Sikkim, Uttarakhand, Himachal Pradesh, Jammu & Kashmir and Lakshadweep, Andaman & Nicobar Islands.
- The Government has revised the target of National Solar Mission (NSM) from 20,000 MW to 1,00,000 MW by 2022.
- Of that, 40,000 MW is to come through grid connected solar rooftop systems. The approval will boost the installations in a big way and will act as a catalyst for achieving the goal of 40,000 MW.
- CFA of 15 per cent of the benchmark cost will be provided to solar rooftop projects built under residential, institutional (schools, educational institutions, medical colleges and hospitals and R & D institutions – both public and private), government (both central and state government organsiations as also all Panchayati Raj buildings) and social sectors (old age homes, orphanages, common service centres and welfare homes, etc)

Post your comment / Share knowledge

Enter the code shown above:
(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)