Jitendra Awhad: Union Govt done away with Solar Subsidies
NCP Leader Dr Jitendra Awhad, Housing Minister in Maharashtra MVA Govt said, “Union govt it seems has done away with subsidies on solar energy. It’s now monopolized in the hands of a few moneybags. The loser is common man, farmers, & environment.”
Govt. 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. To achieve this target govt. is promoting solar power in many ways. Govt. of India also sectioned an amount of Rs.5,000 crore for solar subsidies only. All details and procedure to get subsidy on solar panel system is as below.
How much solar subsidy is available?
According to the latest notification by MNRE, 30% to 90% subsidy on benchmark capital cost is available for all consumers.
• 90% On Solar Water Pumping System for farmers only.
• 70% For 3 hill states i.e. Himachal Pradesh, Uttarakhand & Jammu-Kashmir only.
• 30% or all states of India.
Who can get the subsidy on solar?
Following consumers are able to get the govt. subsidy:
• Domestic: All residential home owners are eligible to get govt. subsidy.
• Social Sector: All the registered societies, multi-store apartments, cooperative group housing societies are eligible for subsidy on solar system.
• Institutional: All schools, colleges, institutes are eligible for subsidy.
• Non-Profit Organisations: All the non-profit organizations including old age homes, orphanage etc are eligible.
