Electricity Saving Tips For Homes And Offices

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

By on June 29, 2016

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:

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519 comments

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1

We are ngo working in rural area. Where people are staying in dark. So,we want that if we can get any subsidy to supply them light atlist these poor people can have light in there life. How to get connect with and apply for the same?

2

Hello Sir,
I wanna install solar panel on my house tress... My no. 9411144453

3
Jagdish Singh Parmar

My phone number is 0931899191 , 09424002232 ,

4
Jagdish Singh Parmar

Dear sir I installed 1 mw solar power plant in my agricultural land, please Sir give me subside details and ather information

5
Adv. Utkarsh Verenkar

Required detail for solar Home lightning

6

I wish to start 1 mw solar power plant project. Pl contact me through my given e-mail id - [email protected]

7

sir plz contact me i want to instal solar plant. 7503770303

8

GNN Digital Technologies & Solar systems ( Rajasthan )
सोलर लगाओ, बिजली बचाओ..
सब्सिडी पाओ..........(सबसे सस्ता सोलर पैनल) कृषि क्षेत्र और ग्रीड और पेट्रोल पंप पर Subsidy
बिजली के बिल से छुटकारा पाये.. हमारा लक्ष्य 2022 तक हर घर में रोशनी हो...... India Top company... (TATA solar,)
सोलर पैनल ,4°c से ऊर्जा शुरू . सबसे सस्ता सोलर पैनल
गारंटी 25 year , cell life 38years..
SMU system outometic main sply ON OFF . &MPPT
(polycrystalline solar)Lifetime Life solar.) Lifetime no electronic bill
पूरे भारत में कहीं पर भी मंगवाऐ(All India splly) DC to AC covert available..... ,
Contact number-8441001044

9
RAJ KUMAR SAINI

i would like to instal solar plant. please guide me. CELL-9829025839

10

i would like to instal solar plant will u please guide me my number is 9668337252 9583089072

11

I would like to install Solar Power Plant of 1MW. Would you please guide me in this regard.
call me-9917112000 OR email- [email protected]

12

I have poor fertile farming land around 15 acres in Karnataka .
I am interested in doing business of solar power plant.

Can any one guide me.
How to setup and start this business.

Please give me information about this on 9739673109

With regards

Ravindra

13

Need more details on pv solar

14

i am from vadodara, Gujarat. i have 3 phase connection at my residence & my avg consumption is 280 units. will
2 kw rooftop solar system be enough to supply 280 units?

15

Dear Sir,
2kw solar power plant will produce avg 10-15 units daily basis,so monthly will be 300-400 units generated.so 2 kw will be good for your requirement.If you want further enquiry pls contact 9213082557

16

yes.send me your no & email id.

17

Yes send me your number

18

2Kw solar system will be able to generate around 240 units(Kwh) of energy per month.This power is available during day time only.Since you need power during night also,you need to draw power from your electric supply company which could be around 150 units.Your system will be exporting around 100 to 110 units to electric supply company.So your electricity bill reduce considerably.

19
Abhishek Jain (Mod)

1 kW can generate 3-4 units a day. So roughly about 100 units a month. So 2 kW can generate 200 units a month.

20

Know about solar panal subsidy

21
Ram shankar tiwari

I have solar system but stil subsidy not come

22

Any query related Installing & Commissioning of "Grid Connected" Roof top Solar Plant for your Domestic,Industries,Schools and colleges. Please contact us on our e-mail id: [email protected]

23

Hello sir, want to install solar system for petrol pump. So, kindly suggest me.

24

Send me the place and your contact

25

send me your no or email id

26

give me your no or email id.

27

kindly contact me thru my e-mail id: [email protected]

28

Kindly provide me your contact details on my e-mail id: [email protected]

29

Any solar power installation experts in Bihar, Please conatct : 9162527002. I am looking for a domestic installation, mostly the grid connected system. I also have an inverter system which I use in case of power shutdowns. i would love the option of just charging those batteries using the solar power as well.
I am located in Patna (area code:800011)
Thanks!

30

Dear sir
warmest regards
This is Praful Dahikar from Nagpur Maharashtra, We are working as a solar power plant system integrator with a firm Hasan Marketing pvt ltd. We also have a branch office in Bihar. If you are intrested to install Solar Power Plant kindly contact on 9545330531, we will cater all your requirements and it will be our pleasure to get a call from you.
Thank You.

31

Mob 9839289984 contact me for details

32

get in touch shortly.

33

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 call us at 9915500493.

34

GNN Digital Technologies & Solar systems ( Rajasthan )
सोलर लगाओ, बिजली बचाओ..
सब्सिडी पाओ..........(सबसे सस्ता सोलर पैनल) कृषि क्षेत्र और ग्रीड और पेट्रोल पंप पर Subsidy
बिजली के बिल से छुटकारा पाये.. हमारा लक्ष्य 2022 तक हर घर में रोशनी हो...... India Top company... (TATA solar,)
सोलर पैनल ,4°c से ऊर्जा शुरू . सबसे सस्ता सोलर पैनल
गारंटी 25 year , cell life 38years..
SMU system outometic main sply ON OFF . &MPPT
(polycrystalline solar)Lifetime Life solar.) Lifetime no electronic bill
पूरे भारत में कहीं पर भी मंगवाऐ(All India splly) DC to AC covert available..... ,
Contact number-8441001044

35
ramji lal vaishnav

9571012701

36

Hii
i wanted to install 5 KW roof top grid connected in my residence at sabuana (punjab) , I need a installer who can pass my subsidy , Along with a competitive EPC rate . I need to install it on urgent basis , kindly mail me [email protected]

37

Yes I will do the same you have to send me your mob no

38

mail send.please check .give me your no

39
for home i want heavy duty sollar plant

kaise milega
[email protected]

40

I will manage how much your current load tied grid, what you have to run, what heavy duty load driven 24 hrs.

41

Send me your requirement and the place with mob no

42

mail send please contact me @ 8826221111

43

what would be the cost of 1 kw of off grid sysytem with govt subsidiary

44

depend upon your state location. MNRE subsidy is 30 %

45
GAJENDRA PAL SINGH

Where I purchased this system and how ca I get subsidy in UTTER PRADESH

46

Contact me 9839289984

47

MNRE subsidy is 30 % & let me check state subsidy ?

48

we are the solar power installers in AP,Telangana and Karnataka.we are MNRE Approved contractors. If any required solar power for domestic,schools,hospitols and Industry
Please contact me
Bujji vutla
9701009993

49

How much it costs 10 kwp grid connected system for commercial

50

Please give me your no or call me on my no 8826221111

51

Thanks for expressing your interest in solar! We can support you with best quality, reliable, high performing and cost effective product! Please initiate the contact at 7259011326 or [email protected]!

52

Hi Dileep Please share your contact details then i can send the details
bujji
9701009993
[email protected]

53

sir i ranjeet kumar arya . i want 10 kvw solar sistem

54

please share your no or call me 8826221111

55

my company website:http://www.sunratorsolrenergy.com
u can contact on 8287946453 for this system i will give u the best price and best services

56

Please share your contact details to my mail id [email protected]
Bujji
9701009993

57

Pls guide me for installation of roof top independent solar panel for 2-3KW

58

please share your no or email id

59
Gangadharan K V

Sirs, will you send me E-mail replay with all details?

60
Gangadharan K V

Who will assist for estimation programing and installation with Govt sucidy at my home of solar energy in bangalore?

61
Gangadharan K V

I have open terrus and required five to six unit power daily. Plese help in planing, estimation and instullation at the earliest in off R T Nagar, Bengaluru North.

62

Let us know at 7259011326 or write at [email protected]! We are based in bangalore and will take care of your requirement!

63

please contact me for solar power installation
Bujji
9701009993

64

if any body required solar power plant for domestic and industry please contact me at 9701009993

66

Bhai sahab mai lucknow me hoo, Solar ka kam karta hoo. Mauka de bank loan se kam hoga gramin bank hi subsidy dega.

67

9839289984

68

ranjan ji call me on my no 8826221111. i am also in gaya

69

Hii
i wanted to install 10 KW roof top grid connected in my residence at noida , I need a installer who can pass my subsidy from UPNEDA , Along with a competitive EPC rate . I need to install it on urgent basis , kindly mail me @ [email protected]

70

Contact me 9839289984

71

mail send

72

hi Raghav here ,You just need installer or all the product equipment also ..
for query call 9041414599

73

We will be able to provide you the 10 kw roof top grid connected solar plant we are in Indirapuram Ghaziabad we will be able to provide the system aprox 6.5 lac and will assist you get subsidy from UPNEDA

74
Ashok Kumar panda

How to apply govt subsid in solar panel under nabad.

75

Sir, I am residing in Jhunjhunu (Rajasthan )and I am interested in installing a 1 to 2 kw solar plant system could you please provide me the person to whom i should contact for further information

76

call me 8826221111

77

8287946453 kishan ji contact me.i will give the best service

78

We arrange government as well as private power purchase agreements(PPA's) for our solar power plant clients all over India. We also arrange investors/financiers for our clients who are interested in setting up solar power projects all over India. We also do lowest priced EPC in India with high quality MNRE approved solar equipments. Please call us at 9915500493.

79

SSV COLLEGE HAPUR affiliated to CCS Univ Meerut is interested to know about the installation of solar panel

80

You need on grid sp, you have to get quote from us, submitted by approval from university to your bank, your bank will give us the full payment and transfer subsidy in your account. Contact 9839289984 my services will be paid by you separately.

81

send me your email id

82

Thanks for your interest in Solar Energy! Since its a school, I recommend you hire a solar EPC consultant before finalising onto the project! Meanwhile, we offer high quality, best performing, reliable and cost effective solutions! Do initiate a contact to share details at 7259011326 or alternatively you can write at [email protected] We can help you claim upto 80% tax benefit!

83

WELCOME TO AURA ENERGY

Aura Energy is looking for a diverse & robust network of channel partners / dealers / distributor / who will help us deliver our solar solutions and products

Solarize. Save. Nurture. Empower

At Aura Energy our mission is simple. Champion the transition from fossil fuel to inexpensive, clean, sustainable solar energy and empower homes and communities. We are constantly innovating and customizing our products to stay at the vanguard of technology.

Our products cater to a wide array of applications. From affordable home lighting systems for rural homes to solar hybrid inverters to power industries, Aura Energy has a product for every consumer at every price point. Our integrated platform, leveraging our expertise from products and services, offers customers efficient, reliable end-to-end solutions for their solar needs. As a trustworthy partner in your quest to lower your carbon footprint, we have taken care of every stage of the solar process –development, engineering, implementation, commissioning, service and maintenance.

Interested candidate may contact with us for dealer / distributor / channel partners : B Sen [email protected]

84

Hi Aura Team,
I am planning to start business in Solar panel dealership in Gaya Bihar . I can start immediately. Could you please provide us details about dealer.
Thanks,
Ranjan Kumar
9430030017

85

Hi Aura Team,
My Brother is planning to start business in Solar panel dealership in Bidar Karnataka. He can start immediately. Could you please provide us details about dealer.
Thanks,
Geeta

86
Hitender Sharma

I am running a school in Narnaul, haryana. There are a lot of power cuts in this area.
So, I want to install solar power system in my School. Let me know the details and requirements. I also want to know about discounts, subsidies and loans.
Email: [email protected] Phone: 9416478404

87

Hitendra ji,
Here arbind Kumar from lucknow, I will do your work at your place my rate will be 110/watt how much the load for your school.

88

Sir, I am residing in Chennai and I am interested in installing a 1 to 2 kw solar plant system could you please provide me the person to whom i should contact for further information

89

9839289984

90

Coast off grid 240000, on grid 140000

91

Sir we live in rural area and here problem of electricity is very big issue. So i wish to use solar panel for that purpose. Pls help me and provide some contact details to whom I contact later.

92

9839289984

93

Send your requirement and your area of residence

94

I want to install 1 to 2 kw solar lighting system at my residence at near Bikramganj, Bihar. Pl. send me the details about total cost, installation process etc at the earliest. I will also need the brands and details abt each and every parts used with the warranty.

95

9839289984, send your requirement and battery back up for how many hours, for which work you want

96

call me 8826221111 or send me your no

97

9839289984, send me your requirement.

98

i also from bihar but my comany in noida,plz contact me pramod ji on 8287946453.i can give u the best service

99

We can help you in setting up solar power plant anywhere in India with lowest priced EPC and high quality MNRE approved equipments. We also arrange private as well as government PPA’s and investors for your project. Plz call me at 9915500493 for complete details. Thanks.

100

I am a mechanical engineer having more than 30 years experience in o&m of captive power plants, abroad, interested to start up the business for supplying electricity from solar power system to newly constructed housing colony in Bhubaneswar.
Pl. guide me , who can guide me about the detailed procedure to set up the plant, financial help, capex & opex of the project , pay back period and yearly return.
my email id- [email protected], Contact No- 00966-503372696 (Saudi Arabia)

101
Om Prakash Gupta

What is rate of susist in u p at present and no batteries of 400 mah required in 15 kv and cost of project i am interested to install it at allahabad which declared as solar cirt. We running a hospital

102

Rs10,50,000 is cost for 15kw off grid subsidy you will get 30% while bank loan, off grid 16,50,000.
Contact for further 9839289984

103

send me your no or email id

104

If you have huge power bills every month(2 lacs+) and you are interested in installing solar power plant without any investment from your end and get around 20% discount in your power bill every month, please call us at 9915500493 for full details. Thanks.

105

We arrange government as well as private power purchase agreement(PPA) and investors for our clients interested in installing solar power plants all over India. We also do the lowest priced EPC all over India with high quality MNRE approved equipments. Please call 9915500493 for complete details. Thanks.

106

I HAVE AN APPLE GARDEN IN HP & INTERESTED TO INSTALL SOLAR PANEL IN BLANK SPACE BETWEEN APPLE TREES CAN I DO THIS? IF YES WHAT ABOUT SUBSIDY PROCEDURE AND PROJECT COST FOR ABOUT 6 BIGHAS

110

i want to installed 1kw roof top solar panel in commercial shop.
can i do the same.
iam staying in ambernath east thane -421501 area

111

please call me on 9158885926

112
Abhishek Jain (Mod)

You can certainly do the same if you have about a 100 sq ft roof area.

113

yes i am having 115 carpet ( build up is 225 sq ft )
But how and from where to get loan.
Please suggest

114

hi

116

sir,
i want to install solar pv plant of mnre approval company. but this company is not listed in geda(gujarat) chanel partner..then i put order to buy pv plant from this company then ,geda will give me subsidy available from mnre.(30%) for my rooftop power plant. or not.

117

dear sir please provide your details or call on 09158885926

118

bihar me koi plan h

119

Hello everyone....i have farming land in haryana and i'm interested in this solar project and looking for the valuable information like steps to set up 1 MW of plant.any help will be highly appreciated.Thanks in advance

120

VinodJI,

Thanks for your interest in Solar Energy! We can provide all the necessary information along with high quality product! Please let us know at 7259011326 or [email protected]!

121

We are into Solar EPC Business. We can install Solar PV System. You may contact me on my Email ID [email protected] or on my WhatsApp enabled mobile number 09891690306. We are based at Noida. Please send your details ASAP. Thanks.

122

any joining in Hanumangarh in Rajasthan

123
Dinesh kumar sharma

sir joining the NARBARD SOLAR ENERGY PV PV system please send me proposal my email add. and cont. 9982967908

124

I WANT TO INSTALL A SOLAR POWER PLANT AND GENERATED UNIT SUPPLY TO GOVERNMENT . HOW IT WORK

125

i which area

126

Hi Mr Rajesh Gupta Please provide your contact details.
Bujji
9701009993

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