India, Aug. 6 -- Tamil Nadu Finance Minister, N Marie Wilson has announced that smart meters will be installed for all electricity consumers in Chennai, alongside a new rooftop solar subsidy scheme offering up to Rs 1 lakh for households, and financial support for Resident Welfare Associations (RWAs) to install electric vehicle (EV) charging stations in residential complexes.

Presenting the first Budget of the Tamilaga Vettri Kazhagam (TVK) government in the Assembly, the minister said the new Rooftop Solar Subsidy Scheme would be implemented in convergence with the Pradhan Mantri Surya Ghar Muft Bijli Yojana.

Under the scheme, domestic consumers will receive a subsidy of up to Rs 1 lakh to install rooftop solar panels, helping reduce t...