Financial Support
Financial support such as capital subsidy and/or interest subsidy is provided to project promoters by Indian Government. Project capacity and subsidy applicability is outlined below.
|
| Project Promoter Type |
Application |
Max. Capacity |
Subsidy Applicability |
| Individual |
Off-Grid Application |
1 kWp |
Capital Subsidy & Interest Subsidy |
| Non-Commercial Entity |
Off-Grid Application |
100 kWp per site |
Capital Subsidy & Interest Subsidy |
| Mini-grids for rural electrification |
250 kWp per site |
| Industrial / Commercial Entity |
Off-Grid Application |
100 kWp per site |
Capital Subsidy or Interest Subsidy |
| Mini-grids for rural electrification |
250 kWp per site |
|
Capital subsidy of Rs. 90/Wp is provided for Off-Grid Application with battery storage.
Capital subsidy of Rs. 70/Wp is provided for Off-Grid Application without battery storage.
Interest subsidy in the form of soft loan at 5% per annum is provided to the project developers.
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 What's New
08 Jul 2010
Off-grid and Decentralized Solar Applications implementation program is released by MNRE
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More Info
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