Assam Chief Minister, Mr. Himanta Biswa Sharma, has announced major plans to boost solar infrastructure in the state. Now, the state government will provide a subsidy in addition to the central financial assistance, to residential solar consumers.
The total subsidy available to Assam residents is as follows:
| System Capacity | State Subsidy | Central Financial Assistance | Total Incentive |
|---|---|---|---|
| 1kW | ₹15,000 | ₹30,000 | ₹45,000 |
| 2kW | ₹30,000 | ₹60,000 | ₹90,000 |
| 3kW | ₹45,000 | ₹78,000 | ₹1,23,000 |
As per the announcement, the state subsidy is only till 3kW system capacity. The minister explained that with this incentive, a consumer will only have to pay close to ₹5,000 for 1kW, ₹10,000 for 2kW, and ₹27,000 for a 3kW system. The remaining amount will be covered by the subsidy.
Moreover, if government employees avail a loan to set up solar panels under the scheme, the state government will cover 1% of the interest.
Assam currently requires 2.2 GW of power to meet household electricity demand. The state government is striving to meet this requirement through solar energy. Moreover, plans are in place to set up floating solar projects and capitalize on Assam’s abundant natural reservoirs.
In March 2023, the government approved multiple solar projects with a cumulative capacity of 690 MW. These projects, which include Agrivoltaic and floating solar plants, will be developed across different districts of Assam.
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Resource: Hindustan Times
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