Solar Panels for Home Consumption

The Pradhan Mantri Suryodaya Yojana scheme aims to provide rooftop solar panels to one crore household. The task would involve installations of solar panels at homes with the centre extending 60% of the cost as a subsidy and 40% as a loan to the beneficiary. A good precedent to follow would be the practice of bulk procurement used so effectively to bring down the price of LEDs and more recently electric buses by EESL along with the decision taken at the outset on the rate at which surplus electricity would be brought by the distribution company says Mr Ajay Shankar, Distinguished Fellow, TERI.