Annexure-I

 LIST OF FINANCIAL SUPPORT/INCENTIVES IN SOLAR ENERGY PROGRAMME

S.

No.

Programme Item/Activity Incentive/Support
1 Solar Water Heating System Domestic Loans @ 2% interest rate
Institutional Loans @ 3% interest rate
Industrial & Commercial Loans @ 5% interest rate

Capital Subsidy for Solar Water Heating System

Capital subsidy of Rs.1100/ M2 and Rs.825/ M2 for institutions and commercial establishments respectively.

Service charges to FIs / Banks Rs. 200 per loan disbursed
Incentive to Motivators

Rs. 100/- per sq.m. of collector area installed

Performance Monitoring by SNAs Rs. 50/- per sq. m.of collector area visited
Incentive to Municipalities & Municipal Corporations

Rs. 5.00 lakhs & Rs. 10.0 lakh respectively on notifying amendment in Building Byelaws.

Other activities

Financial support for Seminars / symposia / workshops/Business Meet/Exhibition etc; Training Programmes; Publicity & Awareness Technology Upgradation & Exposure Visits abroad; and studies/surveys on case by case basis.

2. Solar Air Heating/ Steam Generating System

 

Solar Steam generating System

 

50% of cost limited to a maximum of Rs. 5000/- per sq.m of dish area for non-profit making organizations
35% of cost limited to a maximum of Rs. 3500/- per sq.m of dish area for profit making organization
Flat Plate Collector based Solar Air Heating System

 

50% of cost limited to a maximum of Rs. 2500/- per sq.m of collector area for non-profit making organization

35% of cost limited to a maximum of Rs. 1750/- per sq.m of FPC area for profit making organization

Service charges to Implementing Agencies 3% of MNRE support
Other Activities

Financial support for publicity & awareness; seminars /workshops/ symposia / Business Meet; Training Programme; Technology Upgradation; and studies/surveys etc. on case by case basis

 

3. Solar Buildings Preparation of DPRs
50% of the cost of DPR to a maximum of Rs. 2.00 lakhs
Demonstration solar Buildings 10% of the cost of construction to a maximum of Rs. 50.00 lakhs
Other Activities Financial support for workshops, seminars & publication of documents on case by case basis.
4. Akshay Urja Shops Soft Loan through public sector banks 7% interest rate to a maximum of 85% of cost of shop for establishment
Monthly recurring grant for 2 years Rs. 5000/- per month s.t. certain conditions through SNAs

Rs. 5000/- per month s.t. certain conditions through SNAs.

Monthly incentives for 2 years Rs. 50,000/- per shop to SNAs with 50% to be spent on publicity
Service Charges @ 2% to IREDA on interest subsidy disbursed

@Rs. 5,000/- per loan disbursed to Banks

5. SPV Systems in Urban Area Streetlight solar control systems. 25% of cost s.t max. Rs. 5000/-
Solar street /public garden lights (74/75 wp modules) 50% of cost for 11 W and 18 W CFL to a max. of Rs. 10,000/- & Rs. 12,000/- respectively
Illuminated Hoardings( up to 1 kWp SPV module for illuminating a minimum of 2 sq.m. of area) 50% cost s.t. max. @ Rs. 15,000/100 Wp module
Solar road studs 50% of cost s.t. maximum Rs. 1000/-
Solar blinkers (min. 37 Wp module) 50% of cost s.t. maximum Rs. 7,500/-
Solar traffic signals (min. 500 Wp module) 50% of cost s.t. maximum Rs. 2.5 lakh
BIPV systems (max. 5 kWp module) 50% of cost s.t. maximum Rs. 2.00 lakhs per kWp
Solar power packs (max. 1 kWp module) 50% of cost s.t. maximum Rs. 1.00 lakh per kWp