Rooftop Solar Programme Phase- II
The Rooftop Solar Programme Phase-II is being implemented by the Ministry of New and Renewable Energy. The guidelines for this were issued in August 2019. Through Central Financial Assistance (CFA), 4000 MW rooftop solar (RTS) capacity addition has been targeted under this programme in the residential sector.
Overview:
- For RTS projects till 3 kW capacity and till 20% for the RTS system capacities with more than 3 kW till 10 kW for individual households, the CFA up to 40% of the benchmark cost is provided.
- For Residential Welfare Associations and Group Housing Societies, the CFA has been limited to 20% for the RTS plants for power supply to the common facilities with a maximum capacity of 500 kW.
- Additionally, around 10 per cent of the rooftop solar cost are provided as incentives to the distribution utilities depending upon capacity addition above baseline.
How is the capacity allocated?
This is a demand-driven programme and the capacities are assigned based on the demand that is received from the distribution utilities and other implementing agencies of the governments.
How much capacity has been allocated?
For the residential sector, the ministry has allocated a capacity of 3162 MW so far. A total of 1252 MW capacity out of the allocated capacity has been reported to have been installed as of 28th February 2022. Under this programme, Rs 1,132.74 crore of Central financial assistance has been distributed to various electricity distribution corporations.
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Month: Current Affairs - March, 2022
Category: Government Schemes Current Affairs