And it’s obviously high interest rate in the scheme this time as compared to fixed deposit.
With the target to achieve national solar mission know as JNNSM(Jawaharlal Nehru National Solar Mission), India is continuously striding towards the target set under it. The government’s major mission is to make India as the leading country in deploying maximum number of solar rooftop installation.
With an eye to achieve this large capacity of India’s target i.e 40gW of solar rooftop,
In phase 2, New tender is on the way of 2020-21 with capacity of 600 MW for residential rooftop under subsidy scheme.
Renewable energy is the best example of utilizing natural energy and making most out of it, Similarly the target of installing solar rooftop on such a mega platform is the innovative step to use the available space for generating energy and energy is submitted where is generated resulting in less transmission loss. Therefore government has launched a subsidy scheme for boosting large scale solar rooftop system on private terrace.