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Consider the following statements regarding the promotion of solar energy in India.
1. The Ministry of New and Renewable Energy (MNRE) have initiated schemes and incentives like subsidy, easy loan, concessional duty on raw material imports, excise duty exemption on certain devices/systems, etc. to encourage and use of solar energy systems.
2. The Indian Renewable Energy Development Agency (IREDA) provides financial help for the purchases of PV (Photo Voltaic) systems.
3. Government is planning to setup 10 million square meter solar collector area by 2022.
Which of the above statement(s) is/are correct?

Answer & Solution
Correct Answer: Option D
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