Higher prices of photovoltaic panels,steel, wires and invertors have hit the rooftop scheme for 45 MW with only projects worth 23 MW getting commissioned.
The scheme, which was supposed to end in March this year, has been extended and will close on August 31. Vendors selected by the government for this scheme said the sudden rise in photovoltaic panels, steel, copperwireprices since the beginning of the year have made the scheme unviable.
Under the scheme, the government had fixed the prices with one kilowatt requiring Investment of Rs 43,000 including subsidies of 40% for projects below 3 KW and 20% for 4-10KW, which is the upper capacity limit.