In 2012, Reserve Bank included loans sanctioned by banks directly to individuals for setting up off-grid solar and other off-grid renewable energy solutions for households and in 2015, the PSL criteria was expanded to bank loans up to a limit of ₹ crore to borrowers for purposes like solar / bio-mass based power generators, windmills, micro-hydel plants and for non-conventional energy based public utilities, viz., street lighting systems, and remote village electrification.
In 2020, this limit for bank loans was doubled to ₹ crore. It is heartening to note that in recent years, leading banks in India have also begun stepping up their exposure to the renewable energy sector. 10  Enablers for Scaling up Green Finance in India 26.