In a blog, Bridge to India said in the last year from November 2014 to October 2015, India added 240MW of rooftop capacity, up from 154MW in the previous year.
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The firm claimed that MNRE is ready to place a new rooftop solar policy in front of India’s Union Cabinet. It is expected to include detail on operational and economic support for rooftop solar in India.
The firm expects the new policy to include a 15% capital subsidy for residential consumers and public buildings, low-cost financing using funding from international development banks, zero import duties on solar equipment and continuation of accelerated depreciation benefits.solar power system for home
Bridge to India said: "Further action on compulsory net-metering by power distribution companies and mandates on building owners to install rooftop solar can provide a significant fillip to the market."
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