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Business News/ News / India/  Delhi govt introduces consumer-friendly ‘Solar Policy 2024’

Delhi govt introduces consumer-friendly ‘Solar Policy 2024’

Delhi government introduces the Delhi Solar Policy 2024, allowing residents to install solar panels on their rooftops and earn money while ensuring zero electricity bills.

Delhi Solar Policy 2024 to ensure zero electricity bills for power consumers. Premium
Delhi Solar Policy 2024 to ensure zero electricity bills for power consumers.

Power consumers in Delhi have a reason to cheer as the Delhi government has formulated the Delhi Solar Policy 2024 that will not only ensure zero electricity bills but also allow them to earn by installing solar panels on the rooftops of their houses.

Making amendments to State Solar Policy 2016 that resulted in 1500 MW solar power installed capacity in Delhi, Chief Minister Arvind Kejriwal-led Aam Aadmi Party (AAP) government has come out with a more consumer-friendly Solar Policy 2024 that will provide 4500 megawatts of installed capacity of solar power in Delhi by 2027.

Addressing media persons on Monday, CM Kejriwal said that the Delhi Solar Policy 2016, announced in the first term of the AAP government after coming to power in 2015, laid the foundation for solar adoption in Delhi.

"This was considered to be the most progressive solar policy in the country. Under the policy, the rooftop solar panels installed by the people in Delhi have an installed capacity of 250 MW of electricity. Besides this, various discoms in Delhi purchased 1250 MW of solar power from outside Delhi. So, in total, 1500 MW of solar power was made available under the policy. We all know that solar power reduces air pollution," he said.

CM Arvind Kejriwal said the aims of Delhi Solar Policy 2024 are to reduce Delhi's air pollution and help fight inflation by bringing the electricity bills of non-subsidized residential consumers to zero and for commercial/industrial consumers to 50 percent of their current bill.

Power Minister Atishi and the Vice Chairperson of the Dialogue and Development Commission of Delhi, Jasmine Shah, were also present at the press conference.

The chief minister said as of now, the Delhi government gives 200 units of electricity free (fully subsidized) to residents and gives a subsidy of 50 percent to those residential consumers who consume 201 units to 400 units a month (partly subsidized) and for those with consumption above 400 units a month, there is no subsidy.

"But electricity bills of all residential consumers who install solar panels on their rooftops by opting for this policy will be zero, no matter how much electricity they consume. That is the most important takeaway of the policy," Kejriwal said. 

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This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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Published: 30 Jan 2024, 10:42 AM IST
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