Solar sector subsidies plummet

Installing solar water heaters has become costlier with the coming of new guidelines

neha

Neha Sethi | June 18, 2010



The recently launched guidelines for the national solar mission have resulted in decreased subsidies for some schemes which are now under the Jawaharlal Nehru National Solar Mission, an official from the ministry of new and renewable energy told Governance Now.

“The government would want to reduce subsidies as soon as possible so that the demand for solar becomes market-driven,” he added.

The official said that in the case of rooftop solar installations, the subsidy was Rs 100 for every kilowatt of energy generated in a system operating without a battery. “Now the subsidy is 30 percent with a maximum of Rs 70 for every kilowatt of energy generated,” he said.

In case of a rooftop solar system with a battery, the subsidy is also 30 percent with a maximum of Rs 90 for every kilowatt of energy generated. “Previously, it was Rs 125 for every kilowatt generated,” the official added.

He said that installing solar water heaters has also become costlier. “The subsidies on solar water heaters for individual houses, institutions and commercial establishments have gone down,” he added. He said that the water heaters had an interest subsidy earlier, but under the mission, it now has a capital subsidy of Rs 3000 per square metre.

The official also said that the guidelines clearly specify that the subsidies would be 'reviewed annually'. "Which means that they will go down even further the next year," he added.

Comments

 

Other News

Report of India’s G20 Task Force on Digital Public Infrastructure released

The final ‘Report of India’s G20 Task Force on Digital Public Infrastructure’ by ‘India’s G20 Task Force on Digital Public Infrastructure for Economic Transformation, Financial Inclusion and Development’ was released in New Delhi on Monday. The Task Force was led by the

How the Great War of Mahabharata was actually a world war

Mahabharata: A World War By Gaurang Damani Sanganak Prakashan, 317 pages, Rs 300 Gaurang Damani, a Mumbai-based el

Budget expectations, from job creation to tax reforms…

With the return of the NDA to power in the recently concluded Lok Sabha elections, all eyes are now on finance minister Nirmala Sitharaman’s full budget for the FY 2024-25. The interim budget presented in February was a typical vote-on-accounts, allowing the outgoing government to manage expenses in

How to transform rural landscapes, design 5G intelligent villages

Futuristic technologies such as 5G are already here. While urban users are reaping their benefits, these technologies also have a potential to transform rural areas. How to unleash that potential is the question. That was the focus of a workshop – “Transforming Rural Landscape:

PM Modi visits Rosatom Pavilion at VDNKh in Moscow

Prime minister Narendra Modi, accompanied by president Vladimir Putin, visited the All Russian Exhibition Centre, VDNKh, in Moscow Tuesday. The two leaders toured the Rosatom Pavilion at VDNKh. The Rosatom pavilion, inaugurated in November 2023, is one of the largest exhibitions on the histo

Let us pledge to do what we can for environment: President

President Droupadi Murmu on Monday morning spent some time at the sea beach of the holy city of Puri, a day after participating in the annual Rath Yatra. Later she penned her thoughts about the experience of being in close commune with nature. In a message posted on X, she said:

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter