Mnre Solar Subsidy Scheme

Mnre nabard scheme for solar home lighting important notice.

Mnre solar subsidy scheme.

For projects with a capacity of above 1 kw and up to 10 kw the benchmark cost was set at 54 0 79 w. The applicable subsidy for various capacities of rooftop solar systems installed at individual residential households under phase ii of grid connected. Solar park scheme doubled from 20gw to 40gw. 40 of capital cost for 1 3kw systems 20 of capital cost for 4 10kw systems and 0 subsidy for systems above 10kw.

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. Going forward subsidy will be. All loans sanctioned by nabard before 15th march 2017 will be eligible for the subsidy. The subsidy scheme is changing as a part of phase 2 of the rooftop solar scheme.

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. Mnre rooftop solar power plant subsidy scheme 2018. 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. Kindly note that nabard subsidy schemes for the below solar home lighting systems have been discontinued since march 2017.

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. 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. In july 2019 mnre notified new benchmark costs for grid connected rooftop solar power projects for the financial year fy 2019 20.

Stoppage of subsidy scheme of mnre routed through nabard. Renewable energy installed capacity increased 226 in last 5 years. The use of solar panels is promoted by the department of the ministry of new and renewable energy mnre through different programmes. Subsidy will be applicable only for individuals and residential societies.

Accordingly the central government of india along with the ministry. Update on feb 2018 mnre gov in mnre rooftop solar power plant subsidy scheme 2017 18 incentives.