Subsidies

MNRE Subsidy for Solar PV System and Solar Water Pump

To make Solar PV systems financially feasible for consumers, MNRE provides a capital subsidy of up to 30% for general states and 70% of the benchmark cost for special category states, viz. NE, Sikkim, J&K, Himachal Pradesh and Uttarakhand.
Subsidy is applicable for Residential, Institutional (Hospital, Education institution & Social Sectors. There will no subsidy for commercial and industrials establishment in private sector. The Government institution including public sector undertaking (PSUs) shall not be eligible for subsidy.

# Stage Department No. of days
1
Submission of Application
SNA
2
2
Site inspection Pre Installation
SNA
7
4
Share complete documents with MNRE for saction
SNA
10
5
Sanction of Subsidy
MNRE
30
6
Release 50% Subsidy for Project installation
MNRE
10
7
Project installation
Vendor
10
4
Submission of Commissioning Documents
SNA
2
5
Final site inspection by SNA
SNA
7
6
Settlement of Account and Pending 50% Subsidy Amount
SNA & MNRE
30

Solar Water Pump:

  1. Up to 3 HP (DC): Benchmark Cost = INR 120,000/HP; CFA = INR 30,000/HP
  2. 3HP to 5 HP (DC): Benchmark Cost = INR 95,000/HP; CFA = INR 19,000/HP
  3. Up to 3 HP (AC): Benchmark Cost = INR 100,000/HP; CFA = INR 25,000/HP
  4. 3HP to 5 HP (AC): Benchmark Cost = INR 85,000/HP; CFA = INR 17,000/HP

Subsidy – M/s. Indian Oil Corporation Limited. – Dealer Subsidy for Solar PV System at KSK’s and RO’s Scheme October, 2018

Circular No. 268-10/2018

 

Subsidy on Grid-Tied System with Battery Back-up

System Cap in KWp Subsidy Proposed Maximum Subsidy Amount
3
50%
₹1,67,500.00
5
50%
₹2,17,500.00
7
40%
₹2,52,000.00
10
40%
₹3,10,000.00

Subsidy on Grid-Tied System with Battery Back-up

System Cap in KWp Subsidy Proposed Maximum Subsidy Amount
3
50%
₹1,23,750.00
5
50%
₹1,73,750.00
7
40%
₹1,99,000.00
10
40%
₹2,57,000.00
Note. For KSKs, Subsidy will be capped at 5KW system, i.e. even if solar PV system of higher than 5KW is installed, subsidy amount will be limited to the amount for 5KW for the type of system installed.
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