In order to provide clean energy to the people of Jammu recently the Administrative Council gave its approval for the solar power plants to be installed in Jammu city.
The Central Sector Scheme provides a central subsidy component of 40% of the project cost and a state subsidy component of 25% of the project cost for the installation of solar power panels, below 3 kW capacity, beyond which the central subsidy component remains at 20%. The subsidy will be provided to the beneficiaries through the DBT mode.
These rooftop solar power plants will be connected to the grid on a net metering basis.
The investments made by the beneficiaries will be recovered at a rate of 25% annually on account of the saving of energy, with a payback period of approximately 4 years.
With the implementation of the project, J&K will benefit from the generation of approximately 280 million units of energy annually, with a corresponding reduction in carbon emissions of approximately 5.44 million tons, besides reaping gains from savings on account of inter-state transmission losses to the tune of 224 million units.
The generation of solar energy through the Rooftop Solar Programme will also help the energy-deficit UT of J&K in supplementing its energy needs, while assisting the DISCOMs in achieving the Renewable Purchase Obligation (RPO) Targets of 10.5% as fixed by the Government of India.