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Home » MNRE and TERI talk about grid-connected rooftop solar power in India

MNRE and TERI talk about grid-connected rooftop solar power in India

By May 21, 2015 2:46 pm IST

EPR (Electrical & Power Review) | EPR Magazine

 TERI and MNRE held a day-long conference at the India Habitat Centre to deliberate upon the challenges and strategies for the successful implementation of the MNRE scheme for grid-connected rooftop solar power in India.
In the keynote address, Tarun Kapoor, Joint Secretary, MNRE, said, “Grid-connected rooftop solar power is the most important single sector as far as renewables are concerned. This 40,000 MW project requires an investment of up to Rs 4 lakh crore. This is a big opportunity for all business.” He also encouraged start-up businesses to come forward and invest as “to create and sustain such a big market where everyone has to put in the effort required”. So far 20 state regulators have issued connections, and 17 states have issues policies in this regard, the joint secretary mentioned. Talking about MNRE withdrawing subsidy, he said the ministry will “continue to work on options that get the consumers cheap loans”, while looking at “multilateral and bilateral funding” that attracts money in the country at a cheap rate”.

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MNRE and TERI talk about grid-connected rooftop solar power in India

By May 21, 2015 2:46 pm IST

EPR (Electrical & Power Review) | EPR Magazine

 TERI and MNRE held a day-long conference at the India Habitat Centre to deliberate upon the challenges and strategies for the successful implementation of the MNRE scheme for grid-connected rooftop solar power in India.
In the keynote address, Tarun Kapoor, Joint Secretary, MNRE, said, “Grid-connected rooftop solar power is the most important single sector as far as renewables are concerned. This 40,000 MW project requires an investment of up to Rs 4 lakh crore. This is a big opportunity for all business.” He also encouraged start-up businesses to come forward and invest as “to create and sustain such a big market where everyone has to put in the effort required”. So far 20 state regulators have issued connections, and 17 states have issues policies in this regard, the joint secretary mentioned. Talking about MNRE withdrawing subsidy, he said the ministry will “continue to work on options that get the consumers cheap loans”, while looking at “multilateral and bilateral funding” that attracts money in the country at a cheap rate”.

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