Govt targets March rollout of PM Surya Ghar Phase 2
In short
The government is targeting a March rollout of PM Surya Ghar Phase 2. It is also talking with insurers about cover for rooftop solar assets.
The idea is to make these projects easier to finance. The reporting does not say which insurers are involved or whether any deal has been finalised.
What the reporting says
The government is targeting a March rollout of PM Surya Ghar Phase 2 and is exploring insurance cover for rooftop solar assets, according to the reported Energy Ministry talks with insurers. The reported aim is to create tailored products that can improve bankability and help financing for distributed renewable energy projects. The story does not state the final terms, insurer names or whether any product has been agreed.
Why it matters
The reported Ministry of New and Renewable Energy talks with insurers are meant to support rooftop solar assets under PM Surya Ghar Phase 2. The source says tailored insurance products could improve bankability and unlock financing for distributed renewable energy projects. What is still unknown is whether any policy has been finalized, which insurers are involved, and what the coverage terms would be.