PSUs to provide assistance to government initiative of solar rooftops projects

The government is supposed to stimulate awareness among the citizens to adopt the solar rooftop initiative in their respective homes with the assistance of state-owned power sector units like SJVN, NTPC, NHPC, Power grid corporation etc.

PSUs to provide assistance to government initiative of solar rooftops projects

As per the news reports, official guidelines will be shortly commenced and would enable these public sector organizations to pay for the solar panels' installations, in addition to charging the rent for the usage of low-power homes’ rooftops to maintain the substantial customers. After the residential usage of electricity is done, the firms can sell the extra electricity they have.

The project business will further establish the subsidiaries to carry out the rooftop solar projects plan. As per the government's official data, the rooftop rent will help the lower income groups to move forward to the solar projects schemes. The action program is in line with the rooftop solar project’s central financial aid propounded by the Ministry of New and Renewable Energy.

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According to the report, each state will appoint specific companies to carry out the initiative and customers might call a phone number to submit a request to join the project. Residential customers must install rooftop solar plants from one of the vendors listed by the local distribution utility in order to qualify for subsidies under current standards.

The approved business may be permitted to construct twice as much capacity for rooftop solar projects for households with a connected load of 1 kW in order to reinvest through the sale of excess power.

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It is also anticipated that other state-owned business may make further investments in this field such as DVC, Energy Efficiency Services, North Eastern Electric Power Corporation and THDC. The nodal agency for this is held under REC Ltd. The government has initiated the rooftop solar plan Phase II in March 2019 in order to achieve the target of 40 GW of rooftop solar capacity.

The government has so far, add 4000 MW of capacity in the residential sector by giving distribution companies [discoms] financial assistance and incentives. But according to survey by the council on Energy, Environment and water, the two main obstacles affecting customers' willingness to purchase rooftop solar systems across states are high initial costs and a lack of knowledege about them.

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