Roof Top Solar Capacity installations growing at Compound annual growth rate of around 46%: Union Power and New & Renewable Energy Minister
New Delhi, December 25, 2023.
The Union Minister for New & Renewable Energy and Power has informed that the rate of growth of renewable energy capacity in the country has been one of the highest globally in the last 5 years.
The Ministry of New and Renewable Energy (MNRE) launched Rooftop Solar Programme Phase-II on 08.03.2019 with an objective to achieve 40 GW of rooftop solar (RTS).
The Programme envisages installation of 4,000 MW of RTS capacity in the residential sector by providing Central Financial Assistance (CFA). The CFA admissible for general category states is Rs. 14588/kW for first 3 kW RTS capacity and Rs. 7294/kW for RTS capacity beyond 3 kW and up to 10 kW. For special category states (North-eastern states including Sikkim, Uttarakhand, Himachal Pradesh, U...
