The infrastructure sector will expect similar push if not greater in the upcoming Budget to keep India on track to achieve its aim of becoming $5 trillion economy by 2025.
India has set a target of achieving 100 GW power capacity through grid-connected solar energy, out of which 40 GW is targeted to come through rooftop solar installations by 2022. Due to several factors, including frequent power cuts, increasing prices of conventional power, high irradiation, and the falling costs of solar power, demand has been rising in the rooftop solar market. The RESCO model is one of the methods of implementing rooftop solar installations.
