18 Dec : The Government provides central financial assistance for installation of solar photovoltaic (SPV) systems including solar home lighting systems, street lighting systems, solar water pumping systems, roof top systems, standalone power plants and tail end grid connected power plants in the range of Rs.30/- to Rs.150/- per watt peak PV module capacity, in general category states like Bihar. In addition, interest subsidy is provided for installation of solar water heating systems.
A one Kilowatt peak PV capacity solar system can produce 1200 to 2100 units of electricity per annum in Indian conditions, depending upon location.
This information was given by Union Minister for New and Renewable Energy, Dr. Farooq Abdullah in a written reply in Lok Sabha today.