The government has recently revamped its subsidy scheme to boost renewable energy generation in the state. The Revised Scheme for Promotion of Grid-Connected Solar Rooftop System, in effect from April 1, 2023, until March 31, 2026, boasts a higher budget and broader coverage. Unlike its predecessor targeting only residential consumers, the updated scheme extends to residential, institutional, social, government, commercial, and industrial sectors.
Under this initiative, a substantial assistance of Rs 36.5 crore has been allocated on a first-come, first-served basis. The subsidy will be disbursed after one month of solar power injection into the grid. For residential consumers, the subsidy is capped at 50% for the initial 10 kWp and 10% for installations beyond 10 kWp up to 30 kWp. Educational institutions qualify for a 50% subsidy on up to 90 kWp of the sanctioned load, while commercial, industrial, and other establishments will receive a 20% subsidy for up to 90 kWp. Notably, the scheme’s reach has been expanded to cover diverse industries, marking a significant stride in promoting sustainable energy practices.