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The Economic Times:

The Jharkhand government is all set to unveil an ambitious new solar policy aiming at increasing clean energy capacity up to 4,000 megawatts in the next five years and attracting investors, an official said.

To encourage families to use rooftop solar panels in cities, a subsidy of up to 80 per cent of the total installation cost will be given to people having an annual income of less than Rs 3 lakh.

The Jharkhand Solar Policy, 2022, which also seeks to create jobs, growth opportunities and sustainability, will be unveiled by Chief Minister Hemant Soren on July 5, the official said.

Currently, the state generates less than 45 MW of solar energy.

“The new policy is progressive and investor-friendly. Land rules have been simplified and several other projects such as solar floating projects and canal top solar projects have been introduced to the new policy,” Jharkhand Renewable Energy Development Agency (JREDA) project director Bijay Kumar Sinha told PTI.

Earlier in August 2015, the state had notified its first Solar Power Policy with a target to generate 2,650 megawatts of solar energy by 2020. It also launched ‘Jharkhand Solar Rooftop Policy, 2018' to promote rooftop solar installations.

[Staff Report]

More: Jharkhand to unveil new solar policy targeting to generate 4,000 MW in 5 years

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