Solar power grid-connected subsidy policy
Solar Energy
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The subsidy available on the installation of grid-connected solar rooftop power plants is 30% of the benchmark cost. Government institutions including PSUs shall not be eligible for the subsidy. Instead, they will be given
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6 FAQs about [Solar power grid-connected subsidy policy]
How much subsidy is given for solar pump installation?
Under the Scheme, central government subsidy upto 30% or 50% of the total cost is given for the installation of standalone solar pumps and also for the solarization of existing grid-connected agricultural pumps.
What is Phase-II of grid connected rooftop solar programme?
Phase-II of the Grid Connected Rooftop Solar Programme, this programme is introduced by Ministry of New & Renewable Energy (MNRE), GoI with JAKEDA as a nodal agency in the UT of J&K for achieving cumulative capacity of 220MW under 20MW Residential Scheme and 200 MW Jammu Solar City “Solar City.
How many MW is a grid connected rooftop solar project?
To achieve a cumulative installed capacity of 40,000 MW from Grid Connected Rooftop Solar (RTS) projects. Till 31.03.2026 Central Financial Assistance (CFA)/Subsidy is provided to the residential electricity consumers under Component-A and incentives are provided to DISCOMs under Component-B of this programme.
Can farmers install solar agriculture pumps in off-grid areas?
Individual farmers will be supported to install standalone solar Agriculture pumps of capacity up to 7.5 HP in off-grid areas, where grid supply is not available. CFA of 30% of the benchmark cost or the tender cost, whichever is lower, of the stand-alone solar Agriculture pump will be provided.
What is solar power scheme & how does it work?
The scheme aims to add solar capacity of 30,800 MW by 2022 with total central financial support of Rs. 34,422 Crore including service charges to the implementing agencies. Component A: 10,000 MW of solar capacity through installation of small Solar Power Plants of individual plants of capacity upto 2 MW.
What is rooftop solar Programme Phase II?
Rooftop Solar Programme Phase II for grid connected solar rooftop power plants. Under this Programme, subsidy is provided for residential sector and performance linked incentives to DISCOMs for achieving capacity addition in rooftop solar above baseline.
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