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Govt to rope in public sector units for solar rooftop projects

Tuesday, 16 Jan 2024
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The government may involve power sector entities such as NTPC, NHPC, Power Grid Corporation, and SJVN in supporting the initiative which promotes the rooftop solar programme by encouraging households with low power demand to set up panels. Upcoming guidelines will permit these public sector units (PSUs) to cover the solar panel installation expenses and provide compensation for utilising the rooftops of houses.

The PSUs are expected to sell the excess power generated through these installed solar panels and generate revenue. Households will be paid a rental amount for the panels installed on their rooftops.  The project business will establish subsidiaries to carry out the rooftop solar projects plan.

It is also anticipated that other state-owned business may make further investments in this field such as DVC, Energy Efficiency Services, and THDC. The nodal agency for this is held under REC. The government had initiated the rooftop solar plan Phase-II in March 2019 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.

The action programmme is in line with the rooftop solar project’s central financial aid propounded by the Ministry of New and Renewable Energy (MNRE).

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