National Solar mission going slow…
National Solar mission going slow… The MNRE has released draft policy of phase 2 National solar mission on December 2012. The ministry conducted various consultative meetings with various stakeholder groups, hoping to be able to launch the program in February of this year. As of September, there is still no final policy document. In a related disappointment, as of February, the MNRE stopped accepting applications for the 30% subsidy it offered to all rooftop and off-grid power projects, too. And, it is not yet clear as to when this window will reopen. MNRE also stopped the new channel partner empanelment. The second phase of the National Solar Mission, which was targeted to achieve installations of almost 4 GW of solar power projects under a federal scheme, and 6 GWs under state schemes, has not yet taken off. The second phase of the solar mission surely will take a hit as its most critical component is viability gap funding - a direct subsidy to cover the cost of ...