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Shout from the rooftop: Solar subsidy for homes may go up to 60 per cent

By Economic Times - 5 months ago
There are two parts to the implementation of the scheme. In one, the SPVs will reach out to consumers having up to 3kW of load and the 40% non-subsidised portion of the capital cost would be loaned by the SPV. The excess power units that will be generated through the rooftop solar project on such households, monitored through virtual net metering, will go towards paying off the loan by the SPV.

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