Nabard Solar Water Pump Scheme

Subsidy on solar water pump is a term about which farmers as well as the common man would like to know.

Nabard solar water pump scheme.

Here is the complete guide for agriculture solar subsidy loan schemes from nabard in india. Kindly note that nabard subsidy schemes for the below solar home lighting systems have been discontinued since march 2017. About subsidy on solar pump. Dairy entrepreneurship development scheme capital investment subsidy scheme for commercial production units for organic biological inputs agriclinic and agribusiness centres scheme.

India is the most agriculture based country. Nabard offers up to 40 solar pump subsidy. The scheme for development of solar parks and ultra mega solar power projects was rolled out by ministry of new renewable energy on 12 12 2014. The list below gives models approved by mnre.

About us since 2010 bright solar has been producing solar pumps with cutting edge technology while also providing a host of consulting services in the field of. Goi has signed an mou with nabard to promote. Nabard the benchmark cost of solar pv system as per a nabard document is rs 270 per wp. Only the models approved by mnre are eligible to be covered under the scheme.

But the unit costs are revised from time to time and your manufacturer supplier should be able to guide you properly on the. Solar water pump is basically a new technology water pump that is powered by solar energy they are particularly beneficial in india s various agriculture region where there are less access to grid power and the diesel generators are not easily available. All loans sanctioned by nabard before 15th march 2017 will be eligible for the subsidy. Solar subsidy and loans of agriculture.

National bank for agriculture and rural development offers subsidy for solar plants. Solar water pumps. Marketing design installation commissioning cmc of solar water pumping system in districts of gujarat rajasthan state through various banks under nabard mnre 30000 scheme. In agriculture solar energy can be used in several ways saving money increasing self reliance and reducing pollution.

For the rest amount nabard offers loans. Through this scheme the government targets to add 25 750 mw of combined solar capacities all three components by the year 2022. In this you have to pay 20 of the cost of solar plant as an upfront payment. Mnre nabard scheme for solar home lighting.

Under this scheme it was proposed to set up at least 25 solar parks and ultra mega solar power projects targeting over 20 000 mw of solar power installed capacity within a span of 5 years. The agricultural region provides a livelihood to over 50 of india s population.