Empowering Delhi: Unveiling the Solar Subsidy and GBI Schemes

Written by Jagrit Jain
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Delhi's Solar Policy 2023 marks a significant milestone in the capital's journey towards sustainable energy. With a comprehensive array of Generation-Based Incentives (GBI) and subsidies, the policy aims to catalyze rooftop solar power installations, driving Delhi towards a greener and more resilient future. Let's delve into the key updates and benefits of this groundbreaking initiative.

Generation-Based Incentives (GBI)

  • Extends GBI to commercial and industrial consumers for the first time.
  • Consumers receive ₹3 per unit of solar power generated for plants up to 3 kW capacity and ₹2 per unit for capacities between 3 kW and 10 kW.
  • The incentive is valid for five years from commissioning.
  • No minimum generation requirement to receive GBI, unlike the previous policy.
  • GBI amount is adjusted against the monthly electricity bill. Any surplus is deposited into the consumer's bank account by the DISCOM every month.

Subsidy

  • A capital subsidy of ₹2,000 per kW is available for residential consumers, capped at a maximum of ₹10,000 per installation.
  • This subsidy comes on top of the central government's capital subsidy.

You can schedule a call with us to install Residential or Commercial Solar PV plants in Delhi & NCR with the latest technology.

Overall Benefits

  • Potential for zero electricity bills for domestic consumers who generate enough solar power to meet their consumption needs.
  • Reduced electricity bills for commercial users.
  • Increased focus on renewable energy to meet Delhi's energy demands.

Additional Points

In alignment with broader renewable energy objectives, the policy sets ambitious targets of achieving 4.5 GW of solar capacity by 2027, with a significant emphasis on rooftop solar installations, targeting 750 MW. Such targets underscore Delhi's commitment to sustainable development and energy security. Furthermore, the policy is poised to spur considerable growth in solar power generation, paving the way for a cleaner, brighter future for Delhi's residents.

You can schedule a call with us to know more about solar subsidies & policies.

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