Mnre Solar Subsidy Scheme 2019 20

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.

Mnre solar subsidy scheme 2019 20.

Comments suggestions on implementation of component b of pm kusum scheme for installation of standalone solar pumps reg. Mnre solar subsidy scheme 2020. 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. Annual report 2019 20 ministry of new and renewable energy annual.

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. The use of solar panels is promoted by the department of the ministry of new and renewable energy mnre through different programmes.

Under this scheme it was proposed to set up at least 25 solar parks and ultra mega solar power projects targeting over 20 000 mw of solar power installed capacity within a span of 5 years starting from 2014 15. 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. Besides 70 subsidy in hill stations states like himachal pradesh uttarakhand and jammu kashmir and 90 subsidy available for farmers on water pumping systems.

Subsidy will be applicable only for individuals and residential societies. Going forward subsidy will be. In july 2019 mnre notified new benchmark costs for grid connected rooftop solar power projects for the financial year fy 2019 20. 40 of capital cost for 1 3kw systems 20 of capital cost for 4 10kw systems and 0 subsidy for systems above 10kw.

Last year the ministry had notified the benchmark costs for the year in june. The ministry of new and renewable energy mnre has notified the new benchmark costs for grid connected rooftop solar power projects for the financial year fy 2019 20. Update on feb 2018 mnre gov in mnre rooftop solar power plant subsidy scheme 2017 18 incentives.