What are the key features of the ₹75,000 crore rooftop solar scheme approved by the Union Cabinet
Union Cabinet has approved a rooftop solar scheme with a subsidy of up to ₹78,000 for 1 crore households.
The ₹75,000 crore rooftop solar scheme approved by the Union Cabinet has the following key features:
- Subsidy: Provides a subsidy of up to ₹78,000 for 1 crore households to install rooftop solar panels.
- Target: Aims to achieve the installation of 40 GW of rooftop solar projects by 2022.
- Job Creation: Expected to create significant employment opportunities in the solar sector.
- Energy Security: Enhances India's energy security by promoting clean and renewable solar power generation.
- Reduction of Carbon Emissions: Helps in reducing carbon emissions and mitigating climate change effects.
- Affordable Power: Enables households to generate their own electricity and reduce dependency on grid power.
- Economic Benefits: Encourages investment in solar infrastructure and boosts the renewable energy sector.
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