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Finance ministry flags slow bank loan processing, low private lender participation in ₹75,000 crore rooftop solar scheme

Finance ministry flags slow bank loan processing, low private lender participation in ₹75,000 crore rooftop solar scheme

Finance ministry flags slow bank loan processing, low private lender participation in ₹75,000 crore rooftop solar scheme


In a report in March, the parliamentary standing committee on energy raised concerns over the scheme’s progress, noting both underutilization of funds and non-achievement of physical targets. The committee acknowledged that the initial pace of implementation was impacted by the model code of conduct in the first half of 2024 before the national elections and by delays in inspections, commissioning, net-metering, financing and subsidy disbursement, among others.