July
Renewable Energy

Government issues guidelines for Rs 4,950 crore incentive to Discoms under PM-Surya Ghar scheme

[Source - The Economic Times , 22 July 2024]
Author
Riddhi Mukherjee

Notable because

The release of these guidelines for DISCOMs’ incentives follows the earlier guidelines for residential consumers under PM-Surya Ghar. Discoms have been allocated an INR 4,950 crore budget, ~6.6% of the total. The release of the incentives is contingent upon an increase in grid-connected RTS installations. The scheme subsumes Component B of MNRE's earlier Grid Connected Rooftop Solar (GCRT) Phase II Program and is limited to the initial 18 GW capacity since GCRT’s inception.

What to look out for in the months ahead

A primary function of discoms in enhancing RTS installations under this scheme is facilitating net metering. To incentivise greater discom participation, a tiered incentive structure has been implemented. Given these incentives, will discoms exhibit an increased motivation to promote RTS adoption?

Net-metering policies vary across states, with some lacking provisions like virtual net metering. Following the momentum generated by PM Surya Ghar, would such incentives unify these policies and boost RTS adoption?