The state government has committed to invest about Rs 100 crore each year for the next five years to accomplish this transformative aim.
Digital Desk: Under the direction of Chief Minister Conrad K. Sangma, Meghalaya is starting a massive solar mission with the goal of achieving an installed electricity capacity of 200–300 MW.
The state government has committed to invest about Rs 100 crore each year for the next five years to accomplish this transformative aim.
The government is providing significant subsidies to encourage the widespread use of solar energy. Large solar units might earn up to a 70% subsidy, while smaller units could get up to a 50% discount. Additionally, by working with banks, the mission aims to make it easier for people to get financing, allowing them to finance up to 40% of the cost of a solar unit.
By supporting this solar mission, the government aims to improve the energy landscape in Meghalaya. They hope to see 30 to 40 percent of homes with solar power systems, assuring independence from the traditional electrical grid and offering a dependable 8 to 9 hours of backup during load-shedding periods.
Units with a 40 KVA capacity or more will get a 50% subsidy in accordance with the mission's goals, while those with a capacity greater than 10 KVA will be eligible for net metering. They have the ability to earn credits on their electricity bills by redistributing excess power to the grid thanks to this agreement.
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