MNRE introduces revised CFA benchmarks for second phase of rooftop solar initiative

The Ministry of New and Renewable Energy (MNRE) has sanctioned updated benchmarks for central financial assistance (CFA) in Phase-II of the rooftop solar programme.

The modifications, as specified in the official memorandum, have been mandated by the competent authority to augment assistance for grid-connected rooftop solar photovoltaic systems. The updated CFA offers distinct rates for different segments and is structured according to project capacity and classifications. For 1-3 kW capacity individual household projects, the charges are Rs 18,000 per kW in general states and Rs 20,000 per kW in special category states. While, for projects in the 3 kW to 10 kW range have adjusted rates of Rs 9,000 per kW in general and Rs 10,000 per kW in special category states. Moreover, the updated CFA is fixed at Rs 9,000 per kW for general category and Rs 10,000 per kW for special category states for resident welfare associations or group housing societies and common facilities for projects up to 500 kW.