Indian Government Solar Panel Scheme Subsidy

The indian renewable energy development agency limited ireda is responsible for implementing the scheme with the help of nabard.

Indian government solar panel scheme subsidy.

Solar panel subsidy cost estimation the central government pays a 30 subsidy for these systems to states in general categories. Know about schemes for solar energy by ministry of new and renewable energy. Is promoting solar powerin many ways. State nodal agencies snas along with central government offers subsidy schemes to citizen for installing rooftop pv solar systems to encourage people to exploit renewable energy and to cut their electricity bill.

For special states like states such as uttarakhand sikkim himachal pradesh jammu kashmir and lakshadweep subsidy of up to 70 is given by the central government. Of india also senctioned an amount of rs 5 000 crore for solar subsidies only. To achieve this target govt. After the modification of the scheme on 15th march 2012 it has been declared that 40 subsidy will be provided on capital costs of solar pv systems for units which are located in both urban and rural areas of india.

Subsidy on solar system mnre ministry of new and renewable energy central government has set the target to install 227 gigawatt 22 70 00 000 kilowatt by 31 march 2022.