Modi’s solar power push hits major hurdles - News Summed Up

Modi’s solar power push hits major hurdles


Prime Minister Narendra Modi’s push to accelerate the rollout of rooftop solar power is falling short of targets despite heavy subsidies due to loan delays and limited support from state utilities, vendors and analysts say. India’s Ministry for New and Renewable Energy created its subsidy programme for residential solar panel installations in February 2024, covering up to 40% of the costs. But residential installations at 2.36 million are well below the ministry’s target of four million by March. Roughly three in five rooftop solar applications filed on the scheme’s website are yet to be approved while about 7% have been rejected, according to government data on the programme. State-owned utilities are also not promoting rooftop solar as much, as they are concerned about the loss of revenue as sales move off the electric grid.


Source: The Star February 17, 2026 20:33 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */