Summary:
Also, such a subsidy will be released to the prosumer only six months after the solar power project is connected to the grid.The proposed amendments to the solar policy have been uploaded to the website of the Goa Energy Development Agency, www.geda.goa.gov.in. If the amendment is allowed, the Centre will bear 30% of the subsidy’s cost and the state, 20%. Panaji: To incentivise production of solar power in the state, the government has proposed a 50% subsidy for small prosumers (consumers and producers of solar power) as an amendment to the Goa State Solar Energy Policy, 2017.Instead of granting an interest-free loan that would be recovered in instalments from small prosumers, the government proposes to provide a 50% subsidy on capital costs to prosumers in the residential, institutional and social sector categories that have solar plants with a capacity of up to 100kW. Once launched, the platform will eliminate the need for consumers to coordinate with the electricity department and GEDA. They will simply have to log onto the portal and key in details like their address, email ID and mobile number, after which they will be guided through the process..