Sigh of relief – No More Rooftop Solar Subsidy for Commercial, Industrial Sectors

In a long decision overdue, the MNRE has decided to remove the capital subsidies for commercial and industrial sectors.

What a relief.

This subsidy, which arrives late, if at all, had probably enriched more babus and their lackeys than those putting up rooftop solar. As a result, it was just a pain in the neck that just delayed decisions rather than accelerated commercial and residential rooftop solar installations

With this removal, the reduced subsidy of 15% will now be available only for 4 categories – residences, educational/research institutes, government buildings and social sector buildings (old age homes etc).

Good riddance.

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And now, let’s get on with our jobs of convincing the industrial and commercial segments to go solar.

More details on this from the Hindu news article

Also check out: EAI Consulting for Solar Energy – Solar PV & Solar Thermal