India seeking 10 million residential solar rooftops

central financial assistance (CFA) of 60% of the system cost for 2 kW systems and 40% of the additional system cost for systems between 2 to 3 kW capacity

capped at 3 kW

INR 75,021 crore (over $9 billion) for installing rooftop solar and providing free electricity up to 300 units (kWh) every month for one crore (ten million) households

Households will be able to access collateral-free low-interest loan products of around 7% at present for installation of residential RTS systems up to 3 kW

proposed scheme will result in addition of 30 GW of solar capacity through rooftop solar in the residential sector

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