India‘s Madhya Pradesh state has unveiled a new decentralized renewable energy support scheme, titled ‘Smile on Every Roof’.
The policy is aimed at reducing costs for self-generation through a net metering scheme, encouraging the uptake of decentralized renewable power installations, and reducing both carbon emissions and the state’s notorious distribution losses.
At a joint press briefing with Madhya Pradesh renewable energy minister Harsh Singh, Manu Srivastava, managing director of the state’s agency for off-grid projects Urja Vikas Nigam Ltd, said a subsidy of 30% will be granted for residential and commercial rooftop solar installations over 3kW under the new policy.
Srivastava added: ‘This policy has been framed to make people understand the importance of reasonable consumption of energy and to include them in the process to reduce dependence on the production of energy through traditional resources. This policy will help people access renewable energy.’à‚
India’s government has targeted 40 GW in on-site solar projects by 2022, with 2.2 GW targeted for Madhya Pradesh.