Govt Extends Rooftop Solar Scheme Till March 2026
Govt Extends Rooftop Solar Scheme Till March 2026
Why In News
Central Government announced that it has extended
the Rooftop Solar Programme till 31 March 2026. The subsidy under the programme
will be available until the target under the Programme is achieved now
Key Points
Central Government announced that it has
extended the Rooftop Solar Programme till 31 March, 2026.
The subsidy under the programme will be available until the target
under the Programme is achieved now. The government has advised all residential
consumers to not pay any additional charges to any vendor on account of fee for
application on the National Portal or any additional charges for
net-metering/testing which are not prescribed by the respective distribution
company.
On the National Portal, any consumer willing to
install rooftop solar from any part of the country can apply and track
complete process starting from registration to release of subsidy directly
into his bank account.
The subsidy under National Portal has
been fixed at Rs 14,588 per kW (for capacity upto 3 kW) for the
entire country and residential consumers have to install rooftop
solar plant from any one of the vendors registered by the respective
distribution company of their locality.
The Ministry is implementing Rooftop
Solar Programme Phase-II wherein CFA/subsidy is being provided to residential
consumers for installation of rooftop solar.
To ease out the implementation of the Programme, a
National Portal was developed which was launched by Prime Minister
Modi on 30 July 2022.
The list of registered vendors has been made
available on the National Portal.
There is no fee for application on the
National Portal and also the charges for net-metering have been prescribed by
the respective distribution companies.
Further, no charges to be paid to any vendor
or distribution company for receiving subsidy and subsidy will be credited
directly into the bank account of the beneficiary by the Power Ministry.
Ashok Leyland Appoints Shenu Agarwal as MD and CEO
Ashok Leyland Appoints Shenu Agarwal as MD and CEO
Why IN News
Leading truck and bus maker Ashok Leyland has
announced the appointment of Shenu Agarwal as its MD & CEO with immediate
effect.
Important Points
Leading truck and bus maker Ashok Leyland has announced the appointment of Shenu Agarwal as its MD & CEO with immediate effect. Agarwal will drive the technology development, growth, and future strategy for Ashok Leyand toward achieving its vision to be among the top 10 Commercial Vehicle players globally.
Agarwal joins the ₹21,288-crore Chennai-headquartered Hinduja flagship from Escorts Kubota Ltd, where he was President-Agri Machinery and Construction Equipment. Before that, he was the Chief Executive for the Agri machinery business of Escorts for more than seven years and was associated closely with the transformation of the company’s farm equipment business, driving transformative marketing initiatives, launching disruptive business models and products, and setting new benchmarks in cost efficiency.
Agarwal, an MBA from Duke University, USA, and a B.Tech. from NIT Kurukshetra, brings with him more than 30 years of experience. He has worked across sales and marketing, product development, R&D, strategy, and project management.
Ashok Leyland’s Board has been searching for a suitable person for the position of MD & CEO since the sudden exit of Vipin Sondhi, who resigned in November 2021 citing personal reasons and family commitments.
Sondhi served as MD & CEO of the company between December 2019 and December 2021. Over these months, Dheeraj Hinduja, as Executive Chairman, has been steering the company.
Shenu has a proven track record as a leader from a business conglomerate and is an allrounder having worked in different capacities in many disciplines. Our focus on reliability, ambition to achieve global scale, and our constant pursuit of enhancing stakeholder value at Ashok Leyland all will get further strengthened with Shenu at the helm,” said Dheeraj Hinduja, Executive Chairman, Ashok Leyland.