The Cabinet Committee on Economic Affairs on Wednesday approved Phase-II of the Grid Connected Rooftop Solar Programme that aims to achieve a cumulative capacity of 40,000 MW from rooftop solar projects by 2022.
The programme will be implemented with a total central financial support of ₹11,814 crore.
The Phase II programme provides for central financial assistance (for residential rooftop solar installations) up to 40% for rooftop systems up to 3kW and 20% for those with a capacity of 3-10kW. The second phase will also focus on increasing the involvement of the distribution companies (DISCOM).