The Meghalaya government has introduced the Rs 5 billion Chief Minister’s Solar Mission to tackle the state’s power shortage.
Under the mission, the government will invest Rs 1 billion annually over the next five years to promote solar energy adoption. The initiative aims to drive green and clean energy transformation, offering substantial subsidies and bank financing at minimal investment. The mission seeks to install capacity equal to the state’s current installed capacity within 2-3 years. Net metering will be extended to higher capacity hybrid solar units which can be fed to both local and national grids. Subsidies will range from 70 per cent for households, to 50 per cent for schools, hospitals, hotels and other commercial entities, to make solar adoption appealing. The CM Solar Mission plans to expand funding sources through partnerships, including corporate social responsibility and carbon credit by global organisations.