Mnre Solar Subsidy Scheme

Mnre rooftop solar power plant subsidy scheme 2018.

Mnre solar subsidy scheme.

Subsidy will be applicable only for individuals and residential societies. We have tried to list down all the important details related to this sarkari yojana 2018 by the central government of india. Accordingly the central government of india along with the ministry. The ministry of new and renewable energy mnre is the nodal ministry of the government of india for all matters relating to new and renewable energy.

Renewable energy installed capacity increased 226 in last 5 years. Rooftop solar programme for residential commercial and industrial buildings with a goal of reaching 175gw 17 50 00 000 kilowatt of green energy by 31 march 2022 the government of india has indeed shown a keen interest and ambition towards promoting the. Solar park scheme doubled from 20gw to 40gw. Recently mnre has announced the rooftop solar power plant subsidy scheme which offers various financial benefits for the consumers who are about to install rooftop solar power plant.

For projects with a capacity of above 1 kw and up to 10 kw the benchmark cost was set at 54 0 79 w. Therefore center government understood this problem and launched mnre solar subsidy scheme of 40 up to 3 kw plus 20 for remaining above 3 kw up to 10 kw for the domestic sector. Update on feb 2018 mnre gov in mnre rooftop solar power plant subsidy scheme 2017 18 incentives. All loans sanctioned by nabard before 15th march 2017 will be eligible for the subsidy.

The applicable subsidy for various capacities of rooftop solar systems installed at individual residential households under phase ii of grid connected. The subsidy scheme is changing as a part of phase 2 of the rooftop solar scheme. Kindly note that nabard subsidy schemes for the below solar home lighting systems have been discontinued since march 2017. With the objective of ensuring reliability of solar pv manufacturers and to protect the consumer interests and ensure larger energy security of the country ministry of new renewable energy mnre on 02 01 2019 has issued approved models and manufacturers of solar photovoltaic modules requirements for compulsory registration order 2019.

Stoppage of subsidy scheme of mnre routed through nabard. Ministry of new and renewable energy mnre introduced mnre rooftop solar power plant subsidy scheme 2018 check out the total details of this yojana. Besides 70 subsidy in hill stations states like himachal pradesh uttarakhand and jammu kashmir and 90 subsidy available for farmers on water pumping systems. 40 of capital cost for 1 3kw systems 20 of capital cost for 4 10kw systems and 0 subsidy for systems above 10kw.

The use of solar panels is promoted by the department of the ministry of new and renewable energy mnre through different programmes. In july 2019 mnre notified new benchmark costs for grid connected rooftop solar power projects for the financial year fy 2019 20.