According to reports, India's Ministry of New and Renewable Energy (MNRE) is implementing the second phase of the rooftop photovoltaic plan, which was released in August 2019. Under the scheme, India will install 4GW of rooftop PV systems through access to Central Financial Assistance (CFA).
Under the plan, India's Central Financial Assistance (CFA) will provide up to 40% of the base cost of rooftop PV systems with installed capacity up to 3kW, and 20% of the base cost for rooftop PV systems above 3kW and below 10kW . A subsidy of 20% of the base cost for rooftop PV systems of up to 500kW installed capacity for the Housing Association/Residential Welfare Association (GHS/RWA) supplying utility power.
In addition, for rooftop PV systems that exceed the benchmark installed capacity, a subsidy of up to 10% of the cost of rooftop PV is provided to power distribution companies.
The program is demand-driven, with installed capacity allocations based on demand from distribution companies and other state executive agencies. To date, India's Ministry of New and Renewable Energy (MNRE) has requested the residential sector to install 3,162MW of rooftop PV systems. As of February 28, 2022, the total installed capacity of rooftop PV systems has been reported to be 1,252MW.
