Solar sector subsidies plummet

Installing solar water heaters has become costlier with the coming of new guidelines

neha

Neha Sethi | June 18, 2010



The recently launched guidelines for the national solar mission have resulted in decreased subsidies for some schemes which are now under the Jawaharlal Nehru National Solar Mission, an official from the ministry of new and renewable energy told Governance Now.

“The government would want to reduce subsidies as soon as possible so that the demand for solar becomes market-driven,” he added.

The official said that in the case of rooftop solar installations, the subsidy was Rs 100 for every kilowatt of energy generated in a system operating without a battery. “Now the subsidy is 30 percent with a maximum of Rs 70 for every kilowatt of energy generated,” he said.

In case of a rooftop solar system with a battery, the subsidy is also 30 percent with a maximum of Rs 90 for every kilowatt of energy generated. “Previously, it was Rs 125 for every kilowatt generated,” the official added.

He said that installing solar water heaters has also become costlier. “The subsidies on solar water heaters for individual houses, institutions and commercial establishments have gone down,” he added. He said that the water heaters had an interest subsidy earlier, but under the mission, it now has a capital subsidy of Rs 3000 per square metre.

The official also said that the guidelines clearly specify that the subsidies would be 'reviewed annually'. "Which means that they will go down even further the next year," he added.

Comments

 

Other News

BRICS at 20: From economic weight to global influence

This year marks 20 years of BRICS, with India set to host the grouping’s leaders’ summit this weekend. The anniversary offers an opportune moment to assess BRICS’ growing importance at a time when the effectiveness of global governance and the credibility of multilateralism are under in

Former president Ram Nath Kovind on some of his unforgettable journeys

Triumph of the Indian Republic: My Life, My Struggles By Ram Nath Kovind Rupa Publications, 400 pages, Rs 795   All our presidents so far stand out, each for a different reason. Ram Nath Kovind, the 14th president of India, from 2017 t

Uday Kotak on history, Indian economy, growth and more

Pathbreakers: How 10 Visionary Leaders Transformed India by award-winning journalists  By Sucheta Dalal and Debashis Basu Rupa Publications, 304 pages, Rs 695  

₹5,000 crore saved from suspected financial fraud

In a significant gain for citizen protection in the digital economy, the Department of Telecommunications (DoT) has helped prevent suspected cyber fraud losses of more than ₹5,000 crore through its Financial Fraud Risk Indicator (FRI) within fifteen months of its launch on May 22, 2025. This money did

Capital acquisition proposals worth Rs 1.10 lakh crore for defence forces cleared

The Defence Acquisition Council (DAC), under the chairmanship of Raksha Mantri Rajnath Singh, on Monday accorded Acceptance of Necessity (AoN), that is, in-principle administrative approval to various acquisition proposals of the defence forces at an estimated cost of about Rs 1,10,000 crore.

How Rafi, Raj Kapoor helped pave the way for a great uranium deal

There`s a certain moment in diplomacy that`s too personal to be captured in a communiqué, too small to make the front page, but more revealing than the front page. This week, prime minister Narendra Modi reached Tashkent and, amid the pomp of state visits, managed to evoke the old Bollywood tunes

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter