States turn to solar subsidies to offset losses from subsidised power

Several Indian states, including Uttar Pradesh, Andhra Pradesh, and Bihar, are introducing solar subsidies to mitigate losses from subsidised electricity. This initiative allows states to channel additional subsidy costs into capital expenditure for rooftop solar installations. As a result, households unable to afford solar systems will receive financial support, aiming to enhance energy sustainability.

Read the source (The Hindu Business)

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