Electricity Saving Tips For Homes And Offices

Procedure to get subsidy on Solar PV Systems through NABARD in India

By on September 5, 2017

Note: As on January 2016, Government has released a priority list for processing subsidy claims. Schools, public institutions, etc are higher up on the priority list and residential projects are lowest in priority list. And thus getting subsidy on residential projects is getting increasingly difficult. NABARD has stopped the subsidy scheme in March 2015: https://www.nabard.org/uploads/Lighting%20circulat%2023%20March%202015.PDF

Supply of electricity is quite unreliable in most parts of India. Due to increased scheduled and un-scheduled power cuts in most of the cities in India, interest in using electricity generated through alternate sources has also increased. However, high capital cost of setting up systems to tap energy through renewable sources is deterrent in taking up large-scale deployments of the same. To promote electricity generation using solar energy Government of India launched Jawaharlal Nehru National Solar Mission in January 2010. The objective is to achieve large-scale deployment of Solar Energy Systems and also to assist domestic production of critical raw materials, components and products to achieve grid parity by 2022.

As part of this mission the Government has initiated a subsidy scheme to help individuals and organizations procure these Solar Energy Systems at reduced capital costs. The scheme is being implemented by IREDA (Indian Renewable Energy Development Agency Ltd.) through NABARD (National Bank for Agriculture and Rural Development). The scheme that was last modified on 15th March 2012 provides 40% subsidy on capital costs of Solar PV Systems for units located in both urban and rural areas in India.

The steps mentioned below outlines the process of purchasing a Solar PV System and also to obtain subsidy/loan through NABARD. We would like to thank our reader Mr Gopinath Srinivas for providing us details with his first hand experience of obtaining the subsidy.

  1. As a first step, it is important to choose the right manufacturer/supplier from whom you purchase the Solar PV system. The manufacturer/supplier should be a MNRE (Ministry of New and Renewable Energy) approved manufacturer/supplier. To get a list of approved suppliers in your area, you can check the link: http://www.mnre.gov.in/information/manufacturesindustriesarchitectsconsulting-organisation/
  2. Only the models approved by MNRE are eligible to be covered under the scheme. The list below gives models approved by MNRE:NABARD (Source: NABARD
    The benchmark cost of solar PV system as per a NABARD document (link) is Rs 270 per Wp. But the unit costs are revised from time to time and your manufacturer/supplier should be able to guide you properly on the same.
  3. In case the cost of the unit is less than the benchmark cost then the full 40% subsidy can be claimed. But if unit cost is more than the benchmark cost then the capital subsidy will be limited to the maximum capital subsidy ceiling as indicated in the table above.
  4. Only individuals, group of individuals, Self Help Groups (SHGs), JLGs (Joint Liability Groups), Non Government Organizations (NGOs) and Farmer’s club are eligible for subsidy through NABARD. Private/Public Limited Companies are not eligible for this subsidy.
  5. To avail the subsidy, you need to have an account with a scheduled commercial bank or a regional rural bank. Most public nationalized banks can be approached for this.
  6. 40% of the cost is subsidized and the rest 60% of the cost is eligible for a soft loan. However the margin to be paid by the beneficiary (out of the 60%) is decided as per RBI norms. The repayment period of the loan is 5 years. The interest rates are also as per RBI norms.
  7. To obtain the loan one has to submit the quotation and the documents available from the vendor. Vendor should provide the MNRE approval form, TIN number, project proposal, etc which needs to be submitted to the bank.
  8. After processing the loan and verifying all the documents, the banks provide loan and the documents are sent to NABARD for release of subsidy. The EMIs start as soon as the loan is processed; however release of subsidy through NABARD takes some time. As per MNRE, the interest on the loan should not be for the subsidy part.
  9. The banks have the right to recall the subsidy in case they observe that the subsidy is misused.

To find more details about the schemes, you can have a look at the following documents:

  1. Capital Subsidy Scheme for Solar Lighting and Small Capacity Solar PV systems
  2. Guidelines for off-grid and decentralized solar application.

Source of Information

NABARD website

MNRE website

More details on Solar PV Prices in India: Solar Panel Price in India

More details on Solar PV roof top systems are also available on our link: Roof-Top Solar PV system project for home and office

Understand more about basics of Solar PV systems on our link: Solar electric, solar thermal, power generation, inverters, grid, off-grid: clearing the cobweb

Get help in understanding financing options available to finance your Solar PV System: Financing Options for Solar Rooftop Projects in India

Here is a quick video that can guide you on Rooftop Solar PV buying in India:

 

 


Related Articles



The short URL of the present article is: http://bgli.in/KFNwn

Please use the commenting form below to ask any questions or to make a comment. Please do not put the same comment multiple times. Your comment will appear after some time. Also please note that we do not reply to emails or comments on social media. So if you have any question, please put it in the form below and we will try to reply to it as soon as possible. If you are asking for an appliance recommendation, please be as specific with your requirements as possible because vague questions like asking for "cheap and best" would get vague replies.


अगर आप के कुछ भी सवाल हैं, वह आप नीचे दिए हुए सवाल-जवाब सेक्शन में पूछ सकते हैं। आप अपने सवाल हिंदी में भी पूछ सकते हैं और हम आपको हिंदी में ही जवाब देंगे। कृपया एक ही सवाल को बार बार ना डालें। आप एक बार जब "submit " बटन दबाएंगे, उसके बाद आपका सवाल यहाँ दिखने में थोड़ा टाइम लगेगा। कृपया धैर्य रखें। अगर हमारे पास आपके सवाल का जवाब है तो हम उसे जल्दी से जल्दी जवाब देने की कोशिश करेंगे। कृपया अपने सवाल ई मेल या सोशल मीडिया पर ना डालें।

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.

709 comments

by Newest
by Best by Newest by Oldest
1

Provide net metering policy of UP Govt.

2

Can v get subsidy on societies in district palghar area

3
Abhishek Jain (Mod)

You should be able to get it. You will have to contact MEDA (Maharashtra Energy Development Agency) for the same. You can get more details on this link: https://www.bijlibachao.com/solar/grid-connected-solar-pv-rooftop-system-india-home-panel-subsidy-cost.html

4

Is the subsidy is for ongrid rooftop solar panels?

5
Abhishek Jain (Mod)
6

need quotation for solar panel of 1 kwt

7

मुझे मेरे घर सोलर पॅनल लगवना है तथा मे पंचायत मे हूँ ओर लोगो की मदद करना चाहता हूँ इसलिए मुझे proses बताये ताकि अधिक से अधिक लोगो को मे इसके बारे मे जानकारी दे सकूँ अभी ग्रामीण लोगो को इसके बारे मे बिलकुल जानकारी नहीं है जिससे सबसे ज्यड़ा जरूरत ग्रामीण लोगो को ही होती है 9752935818

8

मै 200वाट का subsidised सोलर पैनल लगवाना चाहता हूँ कृपया मुझे तरीका बतायें

9

How to get subsidy

10

Is the susidy available for an individual house owner.

11

Mnre apruved dealar jo UP se bahar ka ho kya unse solar pv le sakte h.
kya subsidy mil jayegi.

12

How To Get Subcidy On Solar Systemn

13

Please provide detail regarding 2kv solar panel with hybrid solar inverter for residential proof.

14

kya main iss project ko laga sakta hoon sir?

15
mukund kumar thakur

i am installed solar plannt in my home. please i wannt to ask that how to get subsidy on innstalled solar plant.

16

i have installed solar plant for my petrol pump before 4 years & using this successfully. I want to ask that how to get subsidy on installed solar plant ?

17

Solar plate

18

I want to promote solar energy in our municipal area, in Kerala. Want proposals from manufacturers.

19

SIR, SABSIDI ME SOLAR PLATE KAISE MILEGA KYA PROCESS HAI BIHAR ME

20

Are there any subsidy or funds available to install solar pv on my agricultural farm?

21

Ek Computer System , Fridge Chalane ke liye without battery only solor pannel & invertor kiya cost hogi

22

I m "Sudhanshu Johari" 07007622268 for any further query regarding solar in UP & Bhopal.

23
Devendra singh ghuraiya

Agar 10hp ki motor pani wali chalana ho to kitne watt ka solar system lagana hoga aur uski keemat kya hogi.

24

i have seen there is a huge corruption going on in solar subsidy release if u fit out of india panels(panasonic) then also u can get subsidy i was shocked to see how govt officials are misleading govt and its funds and this is specially happeing in maharashtra,aurangabad region in aurangabad city.

25

Subsidy on solar panel is still available to public

26

I m from Maharastra Ahmednagar I have 2acre farm I would like to make solar project on it any body pls help me.
9130075631..

27

GTB solar company in ludhiana ph No 9115882565

28

GTB solar company in ludhiana Ph.No 9115882565

29

what is the cost of solar power model in 6 ackers

30

inthe area of 6acker what is the monthly cost of solar power model .and their life time and break even point

31

Hello Vandna ji
If you want to get more information than contact 9284584983
Forad infracon Pvt Ltd.

32

In agricultural solar project how much subsidy will provide by nabard?

33

I am from Vadodara. I am not finding any suppliers of panel from my city

34

Contact for solar power panels systems for home and Industries
Ph No- 9071119991

35

I m interested for roof solar panel with all associres.
9437850875

36
chandrashekhar phalke

My service station consumption load is 5kv three phase. Can i run this on solar system without battery. I required power for morning 9 am to 5pm only.not at night. What should be the cost of solar pannel & three phase 5 kva inverter.

37
SURESH BABU,SOLAR ENGINEER

I understood your requirement.you want without battery system,that's why I giving one suggestion,go for grid tied inverter to reduce your power bill

38
Himanshu Shekhar Jha

What is the cost of solar pump&solar power system including subsidery and excluding subsidery with instolation charge.

39

सर मेरे घर में छह कमरे है मुझेसोलर सिस्टम्स लगवाना है मुझे कहा सम्पर्क करना पड़ेगा ?

40
AISHWARYA KSHATRIYA

please contact us on 7387598760.

41

Dear Sir/Medam,

I want to start solar business.and
I have 2 customers who have installed a solar system.
But after the solar system installed what is the processor of solar subsidy.please let me know the processor.
this our first project.

Regards,
Palak Gajjar.

42

we provide solar branch to you if you are able to handel the branch then contact with us.9876545358
we have lots of opportunity .

43

I am planning to establish a Electric Water Pump at My farm. How can i Get this done with benefits of subsidy.

44

मुझे मेरे घर सोलर पॅनल लगवना है proses बताये
My address
Plot no 26 Tejam shree gurudattanagar anupam society pimprala jalgaon

45

Contact us for full details regarding Solar System Installation.

46

WE WANT TO PUT UP 2 MW SOLAR PLANT.COULD YOU SUGGEST THE BEST SUPPLIER AND COST WITH THE BEST EFFICIENT PANELS AND INVERTERS

47

Hello sir we are installer and supplier so if you are interested than contact 9284584983

48

for good price of 2 mw call us at- 09899870324

49

Dear Sir,
Thank you so much for your interest towards the Solar ( renewable Energy )
please mention your mobile no. or mail id. or call me at 8980170211.
Regards
Ankush
8980170211

50

Dear Sir,
Thank you so much for your interest towards the Solar ( renewable Energy )
please mention your mobile no. or mail id. or call me at 8980170211.

Regards
Ankush
8980170211

51

Contact us with full details of your company.

52

PLEASE LET ME KNOW 1.5 KW SOLAR INVERTER SYSTEM ACTUVAL COST FOR HOME

53
SURESH BABU,SOLAR ENGINEER

rs.15000/-

54
Dnyaneshwar Dahapute

In Maharashtra whether subsidy for grid connected rooftop for 1to5kw house is continue or last date for application.please inform ?

55

Main bihar se huge. Main puchna chihuahua ke mujhe solar power agency lana hai. Main Kay karu .

56

SIR MUJKO 5 ACER ME SOLOR PLANT LAGANA HAI PLEASE SUJAV DE

57

Hello sir
Please contact me 9284584983
Forad Infracon Pvt Ltd

58

9876545358

59

coct.9876545358

60

Hi Mr. Singh aap mujhe call sakte hai 9930759075 or 8291011893 in dono me se koi bhi number pe call karien aur hum aapki saahayta kar sakenge.

61

hi
i want to buy solar panel for my home can u help me for that

62

BALRAM
Balram
सर नमस्कार, मे जिलाAlwar से निवेदन कर रहा हूॅ । मे अपने कृषि क्षेत्र के सोलर पेनल लगाना चाहता है जिसके लिये सोलर पेनल खरीदना चाहता हूॅ 3 hp का लेना ह। जिसके लिये कितनी कोस्ट आएगी ओर कितनी सब्सिडि मिलेगी। कृपया बताने का कष्ट करें। मेरा व्हाटअप नं 9672717366 है। धन्यवाद
Reply
Share

63

Balram
सर नमस्कार, मे जिलाAlwar से निवेदन कर रहा हूॅ । मे अपने घर के सोलर पेनल लगाना चाहता है 4 यूनिट बिजली लिये सोलर पेनल खरीदना चाहता हूॅ कितने किलोवाट का लेना होगा। जिसके लिये कितनी कोस्ट आएगी ओर कितनी सब्सिडि मिलेगी। कृपया बताने का कष्ट करें। मेरा व्हाटअप नं 9672717366 है। धन्यवाद
Reply
Share

64
Abhishek Jain (Mod)

4 यूनिट बिजली के लिए आपको 1 kWp का सिस्टम लगेगा। जो की 80000 से 1 लाख के बीच में आएगा।

65

Hi sir
Me Dumka (jharkhand) ka hun ur solar ka agency Lena charts hun iske liye kya karna hoga
Mera no 8789996903 hai

66

सर नमस्कार, मे जिलाAlwar से निवेदन कर रहा हूॅ । मे अपने घर के सोलर पेनल लगाना चाहता है जिसके लिये 2 फेन, 1 फ्रिज, 1 कूलर, ओर 3 एलईडी, एवं 2 Tv के लिये सोलर पेनल खरीदना चाहता हूॅ कितने किलोवाट का लेना होगा। जिसके लिये कितनी कोस्ट आएगी ओर कितनी सब्सिडि मिलेगी। कृपया बताने का कष्ट करें। मेरा व्हाटअप नं 9672717366 है। धन्यवाद

67
Abhishek Jain (Mod)

आपको कुछ भी बताने से पहले मुझे यह बताना ज़रूरी लगता है की solar panel है क्या, और इसको समझाने के लिए मैं एक उदाहरण देता हूँ:

समझ लीजिये की आप लोग 4 बड़े और 4 बच्चे हैं और आप लोगों को कहीं घूमने जाना है| सबसे पहले आप यह देखेंगे की आपके पास वाहन कौन सा है| अगर आपके पास सिर्फ एक bike है तो वह काफी नहीं है| एक car शायद चल भी सकती है| एक बड़ी कार (बड़े इंजन वाली) सबसे अच्छी है| इसी तरह आपको कहाँ जाना है और वह कितनी दूर है उस हिसाब से आप petrol का हिसाब लगाएंगे| अब आपको यह भी देखना है की गाडी की petrol टंकी कितनी बड़ी है| उसमे एक बार में petrol भरेगा और पूरा रास्ता चल जाएगी या दो बार भरना पड़ेगा या चार बार|

अब इसी उदाहरण में सारे यात्री आपके उपकरणों ( appliances ) जैसे हैं, कार या उसका इंजन inverter जैसे हैं, Petrol की टंकी battery जैसी है और Petrol बिजली की तरह है| Solar Panel एक तेल की खदान की तरह है जो बिजली (यानि Petrol ) बनाती है| 1 kWp पैनल से 3-4 यूनिट बिजली 1 दिन में बनती है | और 1 kWp पैनल का off-grid सिस्टम (battery+inverter+panels) 90000 से 1 लाख तक का पड़ता है |

अब 1 kWp पैनल को आप एक खदान की तरह समझ लीजिये जो 50 लीटर Petrol बनती है| पर बिना यह जाने की आपको कहाँ जाना है और वह कितनी दूर है और आपकी कार एक लीटर Petrol में कितनी दूर चलती है वह जाने बिना आप कैसे बता सकते है की कितना लीटर पेट्रोल चाहिए और कितनी खदान लगेंगी?

आपका हर उपकरण (appliance) का एक wattage होता है जो उसकी बिजली खाने की रफ़्तार की तरह होता है | वह उपकरण (appliance) कितनी देर चलेगा उससे आप यह हिसाब लगा सकते हैं की वह कितनी बिजली खायेगा ( जैसे की आप गाडी की रफ़्तार और वह कितनी देर चलती है उससे यह हिसाब लगा सकते हैं की वह कितनी दूर जाएगी)|

दूसरा तरीका यह है की आप अपना रोज़ का पेट्रोल का हिसाब लगते हैं , जैसे की 500 रुपये की Petrol या लगभग 7 या 8 लीटर पेट्रोल से आपकी गाडी हफ्ता भर चल जाती है| इसी तरह आप अपना बिजली का बिल देख कर पता कर सकते हैं की आप का रोज़ का कितने units बिजली का इस्तेमाल होता है| अगर 8 unit होता है तो आपको 2 kWp पैनल चाहिए और अगर 4 होता है तो 1 kWp पैनल चाहिए|

बैटरी टंकी की तरह होती है तो अगर 4 units चाहिए तो दो 200 Ah बैटरी चाहिए और अगर 8 units चाहिए तो चार 200 Ah बैटरी चाहिए|

इन्वर्टर कार या इंजन की तरह होता है तो अगर आप की पास 6 लोग हैं तो आप कार लेते हैं और अगर 2 लोग हैं तो आप स्कूटर लेते हैं| इसी तरह अगर आपके उपकरण (appliance) अगर 450 watts की हैं तो आप 450/0.7 यानि 650 VA का इन्वर्टर लेते हैं और अगर 900 watts की हैं तो आप 900/0.7 यानि 1300 VA का इन्वर्टर लेते हैं|

आप पहले यह देखिये की आपको रोज़ की कितनी बिजली की ज़रुरत है|

68

I want to install solar panel in my farm situated in Alwar district for the kheti purpose, and thereafter want to have subsidy onto that. I am planning for 7.5HP solar plant. So please tell me the proper process and quotations for the same. My mobile no. is 9672717366 [whatsapp available]

69

9876545358

70

Solar pump pe kaun kaun si subsidi hI

71

9876545358

72

I am yasir Ahmad dar from kashmir
I need 7.5kwh three phase energy for wooden joinery mill

73

call us for good rates- 9899870324

74

Hi Yasir. Please feel free to contact me o 09930759075. Thank you

75

school required 5kilowatt solar pannel

76

call us for better rates 9899870324

77

9876545358 contsct with us

78

Hi Sir. Please feel free to contact me regarding Solar prices and even information on 09930759075. Thank you.

Load more
Top

Send this to a friend