India to review rooftop solar subsidies in November

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
The November review will be a chance to examine how much has been achieved so far. Credit: Tom Kenning

India’s Ministry of New and Renewable Energy (MNRE) has nearly finished approving all sanctions for rooftop solar subsidies and the sanctioning process will be reviewed in November, according to Hiren Borah, who heads Solar City, Green Building, grid-connected roof top programmes at MNRE.

Speaking at the REI Expo near Delhi, Borah said that the ministry had a INR50 billion (US$769 million) grid-connected rooftop subsidy budget to sanction across 4.2GW of capacity, of which 2,100MW has already been approved for all the implementing agencies such as Solar Energy Corporation of India (SECI) and public sector undertakings (PSUs).

He said the November review will be a chance to examine how much has been achieved so far and to consider whether to increase the programme.

In a separate issue, Borah warned rooftop solar channel partners that they must receive a letter of approval from states or implementing agencies before installing their PV system, otherwise the ministry will not provide the subsidy.

However, Borah also noted that the majority of rooftop solar installed in the country so far has been in the non-subsidy category.

India has also started giving concessional loans to the Commercial and Industrial (C&I) sector, part of which is coming from the World Bank via the State Bank of India, and the other part of which is provided by Asian Development Bank (ADB) via the Punjab National Bank (PNB).

Last June, India put forward two separate policies that both promote and mandate rooftop solar for certain buildings.

Read Next

May 5, 2021
SHV Energy, a Netherlands-based liquified petroleum gas (LPG) distributor, has acquired a majority stake in Indian solar developer SunSource Energy.
April 30, 2021
Solar manufacturers that plan on setting up integrated, higher capacity plants in India will be given preference in the country’s new production-linked incentive (PLI) programme.
PV Tech Premium
April 8, 2021
After a challenging year, India’s solar sector stands primed for something of a rebound. But a host of familiar issues, from the perilous state of DISCOMs to regulatory uncertainty, run the risk of stymying future growth. Vinay Rustagi, managing director at consultancy Bridge to India, talks to PV Tech about the future prospects for Indian solar.
April 8, 2021
Tata Power Solar has expanded its PV manufacturing facility in Bengaluru, India, taking the total production capacity of modules and cells to 1.1GW.
April 1, 2021
Norwegian independent power producer Scatec is looking to collaborate with project developers in India as part of efforts to gain a foothold in the country’s burgeoning solar sector.
PV Tech Premium
March 26, 2021
Solar developers have welcomed clarification on India’s new import duties for modules and cells that will come into effect next year, but questions have been raised about the ability of domestic manufacturers to ramp up production to meet rising demand.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 11, 2021
Upcoming Webinars
May 26, 2021
Session 1 - 7:00 AM (BST) | Session 2 - 5:00 PM (BST)
Solar Media Events
June 15, 2021
Solar Media Events
July 6, 2021