According to a report from the Hindu Business Line, the government of Tamil Nadu is nearing the finalization of a solar energy policy, for which it will announce a subsidy to support rooftop PV installations. Sudeep Jain, managing director of the Tamil Nadu energy development agency reportedly told the Hindu Business Line that the final policy will drive the establishment for over 3,000MW of solar power generation capacity in the state.
The state’s government has also decided to provide a subsidy for roof top solar energy equipment, which will be in addition to the 30% subsidy provided by the central government’s Ministry of New and Renewable Energy. Jain noted that the agency is also advocating for the use of net metering with the concept being piloted at the agency’s office and two more test projects scheduled to go on line soon. Plans are being considered for applicants to file online for the subsidy disbursement in order to expedite the process.