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Subsidies for Solar Plants in Chandigarh

BY Realty Plus

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As the last date for installation of solar plants in private residences has been extended to March 2021, all pending subsidies for the same will be released in two weeks, the Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) has announced. Under phase 2 of installation, which comprises all solar plants set up after May 2019, the subsidies were delayed due to the lockdown. There are 650 such cases out of which we have released subsidies of around 400 cases. Around 50 cases are being approved in a day, so the remaining subsidies will be released within the next two weeks. Crest has set a target of producing 69 megawatt (MW) power in the city by 2022, while currently the city produces over 30 MW. Of this, about 12 MW is from residential areas.

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Tags : ALLIED Chandigarh lockdown Power Solar Plants CREST residential areas