World Bank Approved USD 165 Million Loan For Residential Rooftop Solar
USD 165 Million loan has been approved by the global financial institution World Bank to support rooftop solar deployment in India and make distributed generation systems in the country more affordable. The bank has already approved USD 648 million for India’s Grid-Connected Rooftop Solar Program which focuses mainly on commercial and industrial rooftops.
The new loan would be used to help the program scale to include residential solar too, targeting 450MW of rooftop solar capacity in the residential sector.
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