Roof top solar system
Updated: Aug 03, 2015 05:14:47pm
New Delhi, Aug 3 (KNN) Under 'Grid Connected Rooftop and Small Solar Power Plants Programme' of the Ministry 360 MWp projects have been sanctioned and 54 MWp aggregate capacity of projects have been installed, Parliament was informed today.
Under ‘Off-grid & Decentralized Solar Applications’ programme 108 MWp solar rooftop/ground mounted systems have been installed in the country for captive consumption. This was stated by Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy in a written reply to a question in the Rajya Sabha today.
The Minister said that the systems are coming up with investment from rooftop owners and developers. Financing at low cost is important and one of the main factors for promotion, he added.
The Minister further stated that several steps have been taken by the Government to promote installation of grid connected solar roof top systems in the country.
Government has set the target to install 40,000 MWp by year 2022. Accelerated depreciation benefits for industrial and commercial buildings is been given by the government along with custom duty concessions and excise duty exemptions.
Tax holiday of 10 years is also provided and the loans are available under Priority Sector Lending upto Rs 10 lakhs for individuals. (KNN Bureau)
Under ‘Off-grid & Decentralized Solar Applications’ programme 108 MWp solar rooftop/ground mounted systems have been installed in the country for captive consumption. This was stated by Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy in a written reply to a question in the Rajya Sabha today.
The Minister said that the systems are coming up with investment from rooftop owners and developers. Financing at low cost is important and one of the main factors for promotion, he added.
The Minister further stated that several steps have been taken by the Government to promote installation of grid connected solar roof top systems in the country.
Government has set the target to install 40,000 MWp by year 2022. Accelerated depreciation benefits for industrial and commercial buildings is been given by the government along with custom duty concessions and excise duty exemptions.
Tax holiday of 10 years is also provided and the loans are available under Priority Sector Lending upto Rs 10 lakhs for individuals. (KNN Bureau)
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