The Rooftop Solar Program of MNRE Ph II extension up to 2026

The Rooftop Solar Programme Ph-II is a significant initiative taken by the government to promote the use of solar power in the residential sector. The program has two components, which are as follows:

1. The first component of the program is for the installation of solar panels on residential rooftops. Under this component, residential consumers are eligible for a subsidy of up to 40% of the benchmark cost for the installation of solar panels on their rooftops. The remaining cost can be availed as a loan from banks or financial institutions.
2. The second component of the program is for the installation of solar panels on government buildings. Under this component, government institutions are eligible for a subsidy of up to 25% of the benchmark cost for the installation of solar panels on their rooftops. The remaining cost can be availed as a loan from banks or financial institutions.

The extension of the deadline for the completion of the Rooftop Solar Programme Ph-II is a welcome move by the government. It will provide more time for residential consumers and government institutions to take advantage of the benefits of the program. The savings under the two components of the program will be utilized to achieve higher capacity in the residential sector.

The extension of the deadline will also provide more time for the implementation of the program, which was affected by the Covid-19 pandemic. Many residential consumers and government institutions faced financial difficulties due to the pandemic, which affected the implementation of the program. The extension of the deadline will allow them to recover from the financial setback and take advantage of the benefits of the program.

The Rooftop Solar Programme Ph-II is a significant initiative taken by the government to promote the use of solar power in the residential sector. It has the potential to significantly reduce the dependence on non-renewable sources of energy and contribute to the government’s goal of achieving 175 GW of renewable energy by 2022. The extension of the deadline for the completion of the program till 31st March 2026 is a positive step towards achieving this goal.

The extension of the deadline for the completion of the Rooftop Solar Programme Ph-II is a positive move by the government. It will provide more time for residential consumers and government institutions to take advantage of the benefits of the program and achieve higher capacity in the residential sector. The program has the potential to significantly reduce the dependence on non-renewable sources of energy and contribute to the government’s goal of achieving 175 GW of renewable energy by 2022.