On the roof-top solar photovoltaic roofs (PV) panel mounting will not need to take loans from different banks. The debt under the loan will be. After making the house is taken for rooftop PV figure, it will be considered part of the home loan. House to house to encourage the installation of solar panels, the Reserve Bank may soon issue a circular in this case.
In November, the Ministry of Finance on behalf of the Department of Financial Services Reserve Bank of India (RBI) Regulation Department of the roof-top solar PV under loan debt is written in terms of being considered. Government during the next five years to expand rooftop solar PV capacity target is 40,000 MW.
Ministry of New and Renewable Energy (MNRE) believes that to achieve this goal, the Bank can play an important role. MNRE the right home loan for the houses is proposed for the installation of roof-top solar PV home loan must be provided under the loan. Where the building is completed, the roof-top solar PV as part of the loan to the home loan.
This provision will be a big boost to the solar PV, as home loan customers who are exempted from income tax. However, home loan interest rate is relatively low. Recognizing the request of the Financial Services Department of MNRE RBI said in a letter to the non-solar lighting solar PV related equipment, wiring and fittings are connected. Therefore, the central bank's request MNRE Housing Finance Circular can bring the necessary explanations.
Priority will be given to unemployed graduates
Rooftop Solar Panel household chores educated unemployed youth will be given priority in the allocation. The same young men who have passed out ITI solar can work as agents. According to senior officials of MNRE 40,000 MW in the next five years, has set a target of putting a roof-top PV.
Of these, 20,000 MW will be given first priority to the establishment of the educated unemployed. The second priority will be given to the panchayat then it will be tender to the open market.
According to the Ministry of the advantages of solar PV on the roofs of state and encourage him to her home in the 50000 ITI students planning to build solar agent. Ministry sources said the proposal may be submitted to the Cabinet.
In November, the Ministry of Finance on behalf of the Department of Financial Services Reserve Bank of India (RBI) Regulation Department of the roof-top solar PV under loan debt is written in terms of being considered. Government during the next five years to expand rooftop solar PV capacity target is 40,000 MW.
Ministry of New and Renewable Energy (MNRE) believes that to achieve this goal, the Bank can play an important role. MNRE the right home loan for the houses is proposed for the installation of roof-top solar PV home loan must be provided under the loan. Where the building is completed, the roof-top solar PV as part of the loan to the home loan.
This provision will be a big boost to the solar PV, as home loan customers who are exempted from income tax. However, home loan interest rate is relatively low. Recognizing the request of the Financial Services Department of MNRE RBI said in a letter to the non-solar lighting solar PV related equipment, wiring and fittings are connected. Therefore, the central bank's request MNRE Housing Finance Circular can bring the necessary explanations.
Priority will be given to unemployed graduates
Rooftop Solar Panel household chores educated unemployed youth will be given priority in the allocation. The same young men who have passed out ITI solar can work as agents. According to senior officials of MNRE 40,000 MW in the next five years, has set a target of putting a roof-top PV.
Of these, 20,000 MW will be given first priority to the establishment of the educated unemployed. The second priority will be given to the panchayat then it will be tender to the open market.
According to the Ministry of the advantages of solar PV on the roofs of state and encourage him to her home in the 50000 ITI students planning to build solar agent. Ministry sources said the proposal may be submitted to the Cabinet.
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