CABINET APPROVES PHASE-II OF GRID CONNECTED ROOFTOP SOLAR PROGRAMME

Te Cabinet Committee on Economic Affairs (CCEA) approved a total funding of 11,814 crore for Phase II of the grid-connected rooftop solar programme for achieving cumulative capacity of 40,000 MW from Rooftop Solar (RTS) Projects by the year 2022 on February 19, 2019. As of December 2018, the installed capacity was 1.4 GW. Originally, the scheme for Phase II was proposed and drafted in December 2017, under Sustainable Roofop Implementation for Solar Transfiguration of India (SRISTI). In the Phase-II Programme Central Financial Assistance (CFA) for the residential sector has been restructured with availability of 40% CFA for RTS systems up to 3 kW capacity and 20% for RTS system capacity beyond 3 kW and up to 10 kW. Under Phase-II Programme, focus will be on increased involvement of DISCOMs. Performance based incentives will be provided to DISCOMs based on RTS capacity achieved in a financial year (i.e. 1st April to 31st March every year till the duration of the scheme) over and above the base capacity, that is, cumulative capacity achieved at the end of previous financial year.

Source: http://www.pib.gov.in/