Consumers and producers of solar power – known as prosumers – in Goa are set to receive a 50% subsidy, rather than an interest-free loan, following changes to the 2017 Goa State Solar Policy. The new policy was announced by Chief Minister Manohar Parrikar on October 1, 2017.
Consumers and producers of solar power – known as prosumers – in Goa are set to receive a 50% subsidy, rather than an interest-free loan, following changes to the 2017 Goa State Solar Policy. Aimed at prosumers whose solar installations took place after 21 December 2017, the amendment offers a 30% central share subsidy, credited as per Ministry of New and Renewable Energy guidelines, and a 20% state share released six months after the solar power is added the grid.