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 informational links on our 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 sometime. 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.


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.

658 comments

by Newest
by Best by Newest by Oldest
1

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

2
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.

3
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

4
Himanshu Shekhar Jha

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

5

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

6

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.

7

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

8

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

9

Contact us for full details regarding Solar System Installation.

10

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

11

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

12

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

13

Contact us with full details of your company.

14

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

15
SURESH BABU,SOLAR ENGINEER

rs.15000/-

16
Dnyaneshwar Dahapute

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

17

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

18

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

19

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.

20

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

21

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

22

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

23
Abhishek Jain (Mod)

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

24

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

25

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

26
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|

27

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]

28

Solar pump pe kaun kaun si subsidi hI

29

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

30

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

31

school required 5kilowatt solar pannel

32

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

33

My name is Rajinder singh I am from Punjab in Jalandhar i am a site engineer and installtion manager in solar power plant from akash enterprises. If are you intersted and you want a solar system so you contect me.
my contact number is 9781193168

34

I AM HEAD-MARKETING OF AIMJORO TECH SOLUTIONS PVT, BANGLORE, WANT SET UP SOLAR POWER ASSEBLING UNIT AT MADURAI

35
Santosha kumar dalapatiray

I want to fit a solar panel of my home kindly support me my cell no 07507070332.

36

I want to install solar panel in my farm situated in nagaur district for the irrigation 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 9352023361 [whatsapp available]

37

Pls call 11am to 5pm

38

Contact no. 9758251612
Please details of 5k.w. system

39

where is your location Mr. Vinit

40

5k.w price & how many subsidy

41

in net metering policy provide 18000 per kw

42
anup krishna gupta

5 KVA.SOLAR SYSTEM RATE & SUBSIDY

43

Hi,

I am planing to purchase a solar penal. I have single fridge, two fans, single TV and Single Computer, how much KV penal i have to purchase and what will be the cost of this. Please let me know. My whats up No is - 9999745786

44

as per your requirement you need 500 watt panel and 2 batteries each in 150 AH and 1.1 kva PCU

45
lokesh/ pushpendra /vikramn singh gurjar

we want to stablished a solar power plant on 160KW. we want to know cost of installation power plant. and please tell, about we are used whose panel.

46

7INR. per watt
contact no. 9781193168

47

7 INR. per watt. and where is your location?

48

Please call us on 9513171316

49

Please call me on 7517487953 to discuss in detail

50

सर नमस्कार, मे जिला श्योपुर 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 1 पानी मोटर 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 8103237964 है। धन्यवाद

51

Hi I have 10 Acres of land. Wanted to install Solar for 10 Acres. Can i sell this energy to Govt. If not who will be the Purchaser of solar Energy. How much profit i can expect if i Install it in 1 Acre. Please suggest me the procedures of how exactly i have to approach?

52

Correction: 1.2 crores per year per MW. So with 2 MW plant, you can expect a revenue of 2.4 crores per year.

53

Madhan sir, with 10 acres of land you can install a 2MW capacity solar plant. Yes, you can sell this energy to the government. You can expect a revenue of 1.2 crores per year. May I have your cell phone number? I can be reached at +91-8291011893. Thanks.

54

Distributorship solar energy distributors with subsidy in block level pls iske liye kya process h 8873845010

55

Whether the amount of Government subsidy is inaudible in Value of Goods for the Purpose of payment of GST ?
Contact No. 9978955639 Shri R R Dave

56

What will be the cost for setting up complete solar pannel (3 phase line or 440v) for running a submersible pump of 6kw in my agricultural farm house.....!!!
Moreover what will the best option to get the solar energy for my home with the load of 1kw, & if I wish to use 4 aircondition set then the load may be 10kw approx, how much it may cost & is there any subsidy for this.....???
Please reply...... Thanks.....!!!

~ Ajay.....

57
Jagdish Singh Parmar

Please Sir my krasi bhumi par 1MW ka solar power plant lagakar bijli M P govt ko sale karna chahata hnu. Please subsidy plan ho to please inform karya,

58

sir we are the leading provider of solar pv in india Mr. Parmar i canprovide you the best deal with subsidies rate and helps you any step of instalation our contact no. 011-47037111

59

Distributorship lena h. Rohtas block rajpur ka pls sahi jankari aur kaise h is ka process

60

We are solar power consultants as well as EPC company based at Ludhiana(Punjab) in India.We are specialist in designing, installation, and maintenance of rooftop solar and open access(ground mounted) solar power systems for businesses and institutions. We provide end to end solutions right from site inspection to installation and commissioning since 1984
So basically Prudential Solar Power Consultants has two verticals:
RENEWABLE ENERGY PROJECTS:
Under this vertical,we provide turnkey solutions for various renewable energy projects. We support our customer right from selecting our site for the project upto installation and maintenance of the same. With our technical expert team we provide turnkey solutions for solar rooftop projects from 10 KW to 48 MW capacity.
RESCO MODEL:
In this model we will install the solar power plant at your site(rooftop or ground based) from 50KW to 2.5 MW at our cost. You need to have power consumption of minimum 15000 units per month to qualify. We will maintain and operate the plant for you for 5-20 years. You will pay the electric bills to us at a minimum discount of 20% from your present power bills thus resulting in huge saving for you every year. This model is being greatly appreciated by schools,colleges,hotels,hospitals, factories etc. where there is huge power consumption.
Please let us know of your interest in this model. We would be pleased to submit our quotation to you for the same.
We also have investors and financiers who can invest in large scale commercial projects if you put in 20% equity from your end. We also specialize in arranging PPA’s for our clients all over India from the government as well as reputed private players
Anticipating your positive reply,
Sincerely,

NITIN CHOUDHARY
87444807873

61

Dear All , for all type of solar inquiries(1 KW - 200 MW) contact me @ +918744807873
E : [email protected] ; [email protected]

62

We arrange solar power purchase agreements(PPA's) for our solar power plant clients all over India. We also arrange investors for our clients who are interested in setting up solar power projects all over India. We also do the lowest priced EPC in India with high quality MNRE approved equipments. Please contact with us at [email protected] / [email protected]

63

biswanath sen
WELCOME TO AURA ENERGY
Aura Energy is looking for a diverse & robust network of channel partners who will help us deliver our solar solutions and products
Solar Power Solutions
Providing 24x7 electricity using Aura Energy’s Solar Hybrid Inverters Available from 800VA to 5000VA...
Aura Energy’s Solar Power Solutions empowers customers to choose affordable, reliable and customized solutions to power their homes, offices, factories, schools, hospitals etc. We enable customers to choose from a wide array of options according to your needs, such as: Off Grid Systems, Grid Tied Systems, Hybrid Systems. Our team of solar experts will help you reduce electricity bills, lower diesel costs, reduce your carbon footprint all based on your energy needs, space available and fiscal goals.
Aura Energy is looking for a diverse & robust network of channel partners / franchise who will help us deliver our solar solutions and products More details call or mail us B Sen [email protected] / [email protected]

64

hi team...i am intrested to take franchise...please provide me the all detail
or u can contact me at: 8192909181

65

I am interested in solar products

66

contact us we can help you
phone no 011-47037111

67

Please help me for solar

68

yes sir definetey i will help you..give me a call on this no
011-47037111

69
rahul sasidharan

i want model iv (4) solar rooftop fom my ho
me how do i get the subsidy for it please help me

70

contact us sir 011-47037111

71

Kindly send your query at 8744807873 / [email protected]

72
Govinda chandra dash

Dear sir how can i start business in solar roof top system for odisha district of kendrapara. Please assist me how can it possible

73

I want to know how to provide me loan instalition 30 kv solar power system in public school delhi

74

Plz contact me on 7017577955

75

kindly send your query at 8744807873

76

I want to know thai how to builed a solar power buisness in uttrakhand nd up my no is 9927067797

77
Raviraj Upadhyay

I want to produce the solar light in e.g. house, school, offices, etc how can i start can u help me, please mail related procedure.

78

sir contact us i will surely help you
contact no 011-47037111

79

I need solar panel for my home, please share he procedure to get the same.
[email protected]
9569375096

80

Hi Guys,
I wish to start a1mw Solar Power Plant in ANDHRA PRADESH. Please share the procedure and subsidy etc,. to my email [email protected]

81

7017577955,,,, kindly call me for help

82

kindly contact me at 8744807873 / [email protected]

83

i need solar panel for my home pls contact 8608312895

84

Hi I have two acres of land which is empty, i want to give this land for solar panel installation. Please contact me any one interested . My no 9880553731. I am from Bellary, Karnataka .

Load more
Top

Send this to a friend