SECI hopes that subsidies will help expand the market by 8x in a year

BRIDGE TO INDIA | 02 May 2016

Solar Energy Corporation of India (SECI) has released a tender to allocate 30% capital subsidy for 500 MW of residential and institutional rooftop solar projects across India (refer). This is by far the largest rooftop solar subsidy tender in the country till date. According to BRIDGE TO INDIA estimates, residential and institutional segments accounted for rooftop solar capacity addition of around 60 MW in the last year. The SECI tender

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