Solar Energy Subsidy in Maharashtra

mnre solar subsidy

Government of India has initiated solar energy subsidy schemes to help individuals and organizations procure solar energy systems at reduced capital costs. These solar subsidy schemes are a part of the Jawaharlal Nehru National Solar Mission in January 2010 to promote electricity generation using solar energy.

Solar energy subsidy in Maharashtra is being administered by MEDA (Maharashtra Energy Development Agency).


UPDATES:

  • 21st August 2018: MEDA has finalized the benchmark rate for FY 2018-19 for customers eligible to obtain Central Financial Assistance (subsidy) on grid connect rooftop solar plant. View Update
  • 15th February 2018: As per the circular issued by MNRE on 15th February 2018, the subsidy (Via MEDA) is extended to 15 months from the date of issue.

 

Maharashtra is one of the largest power producing states in India. With the increasing population and urbanization, the power requirement has drastically risen. Government of Maharashtra has been promoting the solar energy as an alternative and independent source of electricity and has set a target of 7500 MW of solar power generation capacity by 2019.

There is a substantial thrust and incentives from the government to achieve this target. The residential rooftop solar power plants are crucial to make people energy efficient and more importantly, it can be achieved at the individual level and with comparatively lower investment. Further in the article, we will discuss the government solar panel subsidy in Maharashtra.


What is the solar subsidy scheme in Maharashtra at present?


Maharashtra rooftop solar policy complies with the subsidy available from the central government. Accordingly, the subsidy can be availed on installation of rooftop grid connected solar plants as either of the following-

  • 30% of the project cost (or)
  • 30% of the benchmark cost, whichever is lower.

The Government of Maharashtra has set the benchmark cost of Rs 61,000 per KW of solar PV installation capacity. I.e. one can receive atmost Rs 18,300 per KW as subsidy on their solar power plant.

Note: To understand the grid connected solar PV system, please visit types and methods of solar installation.


How to apply for solar energy subsidy in Maharashtra?


The solar project subsidy in Maharashtra is administered by MEDA. The rooftop solar owners can avail for MNRE subsidy through a solar company or contact here.

 


Who is eligible for solar energy subsidy in Maharashtra?


Following is the list of complexes that are eligible for solar power plant subsidy in Maharashtra –

Residential: All type of residential buildings

Institutional: Schools, Universities, Colleges, and Hospitals

Social: Community Centres, Orphanage, Welfare homes, etc; registered under Societies Registration Act 1860 and Indian Trust Act 1882.

Note: No subsidy or financial assistance is applicable for government buildings, institutions, and PSUs.


What is the procedure to get solar subsidy in Maharashtra?


The subsidy approval process for eligible customers in Maharashtra is conducted in the following steps:

  • Eligible customers such as residential projects, schools, universities, welfare homes, orphanages, etc should first identify their solar project developer and issue purchase order of their solar services.
  • The solar project developer will then prepare required documentation and submit it to MEDA online on behalf of the eligible customer
  • After reviewing the documents and confirming their viability, MEDA will issue a provisional approval for the project
  • Following the provisional approval, the solar project developer will commission and install the solar power plant at the site and submit a completion report to MEDA
  • MEDA officials visit the site and perform site inspection, following which they will issue a subsidy grant letter to the eligible customer
  • After all the processes have been successfully completed and fulfilled, the subsidy amount is directly credited to the account of the eligible customer within 2-3 months of issuing the grant letter.

 


What is the min and max rooftop solar PV installation capacity to avail subsidy from the government?


To avail subsidy on solar power plant in Maharashtra, the rooftop solar PV project should have a minimum capacity of 1 KW and maximum capacity of 500 KW for an individual, or at a single beneficiary location,.

 


How and when can one receive the subsidy on rooftop solar power plant?


According to Maharashtra solar policy 2017, the solar subsidy amount will be released as per the availability of funds to the project developer / project holder by MEDA after the project commissioning certificate is issued by MSEDCL and submission of certificate in respect of transmission of electricity from MSEDCL / MSETCL .

Usually one can expect to receive the subsidy between 1 and 1.5 years from the start of the project.


Is solar subsidy in Maharashtra applicable on bank loans on solar projects?


Yes, one can get the benefit of subsidy on their solar PV project even by opting financing options like bank loans. Insolergy helps in securing solar finance. The company has partnered with IDBI Bank Ltd. on pan-India basis, to assist eligible users to avail solar loans, and has helped many happy customers to realize their goal of adopting solar energy.

You might also be interested in: About Solar loans in India

Abbreviations used (in order):

MNRE: Ministry of New and Renewable Energy

PSU: Public Sector Undertaking

MEDA: Maharashtra Energy Development Agency

MSEDCL: Maharashtra State Electricity Distribution Company Limited

MSETCL: Maharashtra State Electricity Transmission Company Limited

EPC: Engineering Procurement and Construction


Get Solar Subsidy in Maharashtra Through Insolergy


Rooftop solar subsidy scheme in Maharshtra through Insolergy

Founded by IIT Bombay Alumni, Insolergy Technologies is an emerging leader in Indian solar energy industry. Insolergy installs grid-tied, off-grid and PV-Diesel hybrid rooftop solar power plants. To inquire about solar energy subsidy  schemes in MaharashtraCall / WhatsApp9082786504 or leave a message.

Related posts

Announcement By MEDA Regarding Solar Subsidy For FY 2018-19

Announcement By MEDA Regarding Solar Subsidy For FY 2018-19


Announcement By MEDA Regarding Solar Subsidy For FY 2018-19

21st August 2018: MEDA has finalized the benchmark rate for FY 2018-19 for customers eligible to obtain Central Financial Assistance (subsidy) on grid connect rooftop solar plant. The eligible customers will be able to apply for subsidy through Insolergy Technologies, which is empanelled...

50 Comments

  1. Rakesh November 26, 2017
    Reply

    Mam
    Is subsidy is presently closed by maha.gov. at solar rooftop installation?

    • Nidhi Agrawal February 28, 2018
      Reply

      Hello Mr. Rakesh,

      According to the latest circular that was released by MNRE on 15th February, the subsidy (Via MEDA) will be extended to until 15 months from the date of the issue which means the subsidy is available until 14th May 2019.

  2. Harin Trivedi November 27, 2017
    Reply

    Is subsidy still available on residential building in Mumbai

    • Nidhi Agrawal February 28, 2018
      Reply

      Dear Mr. Trivedi,

      The amount of subsidy is 30% of the capital cost (inclusive of taxes) of the system or Rs. 18,300 per kW of installed capacity, whichever is lesser. Those eligible for this subsidy are individual residences, housing societies, non-profits/ trusts like hospitals, schools, colleges, etc. We would love to help you further, please get in touch with us ask@insolergy.com or call us on +919082786504

  3. Shailesh nimbalkar November 29, 2017
    Reply

    I have completed this project but yet. I cant have subsidies. What can I do now

  4. Prasad December 2, 2017
    Reply

    Thanks Nidhi. It is helpful for me.

  5. Rajesh khakkar December 16, 2017
    Reply

    I have inform by reliable person that subsidy on solar system is now not applicable, it true?

    • Nidhi Agrawal February 28, 2018
      Reply

      Hello Mr. Khakkar,

      According to the latest circular that was released by MNRE on 15th February, the subsidy (Via MEDA) will be extended to until 15 months from the date of the issue which is until 14th May 2019.

  6. Kunal Shelke January 1, 2018
    Reply

    I want to start 5 fans 10 bulbs 1 refrigerator 1 water motar then how many KW I want ?

  7. SUDHIR VINAYAK SATHE January 14, 2018
    Reply

    Please gude me in this regard.Thank you.

  8. Arpit January 19, 2018
    Reply

    In maharashtra other than 18300 per kw , is central gov subsidy available?

  9. pranav January 20, 2018
    Reply

    can one avail subsidy for eco resort or agro farms project if he/she wish to harvest the energy and power the complete project by solar ?

    • Nidhi Agrawal February 28, 2018
      Reply

      Dear Mr. Pranav

      The amount of subsidy is 30% of the capital cost (inclusive of taxes) of the system or Rs. 18,300 per kW of installed capacity, whichever is lesser. Those eligible for this subsidy are individual residences, housing societies, non-profits/ trusts like hospitals, schools, colleges, etc. In order for us to help you more directly, please get in touch with us ask@insolergy.com or call/Whatsapp us on +919082786504

  10. Arjun pokale January 22, 2018
    Reply

    Thanks for the informative post. Got to know answers to almost all my doubts.

  11. Nitin B January 24, 2018
    Reply

    Is this subsidy still valid ?

    • Nidhi Agrawal February 28, 2018
      Reply

      Hello Mr. Nitin,

      The latest circular was released by MNRE on 15th February and it states that the subsidy (Via MEDA) will be extended to until 15 months from the date of the issue which is until 14th May 2019.

  12. ASHOK GOENKA January 27, 2018
    Reply

    Great information. Thanks.

  13. Rohit February 7, 2018
    Reply

    I heard that subsidy on solar in maharashtra government is giving til 31 march only is it true

    • Nidhi Agrawal February 28, 2018
      Reply

      Hello Mr. Rohit,

      According to the latest circular that was released by MNRE on 15th February, the subsidy (Via MEDA) will be extended to until 15 months from the date of the issue which is until 14th May 2019.

  14. AMAR SHAH February 10, 2018
    Reply

    Hello nidhi,
    Is subsidy is on price calculated after Gst or price without Gst

    • Nidhi Agrawal February 28, 2018
      Reply

      Hello Mr. Shah,

      The amount of subsidy is 30% of the capital cost of the solar system, inclusive of taxes such as GST or Rs. 18,300 per kW of installed capacity, whichever is lesser. Our team looks forward to helping you out further, so kindly share the details of your solar project at ask@insolergy.com or call us at +919082786504

  15. GANESH BENDRE February 11, 2018
    Reply

    How to take parmissions for 10 mw power plant in sangli district

    • Nidhi Agrawal February 28, 2018
      Reply

      Hello Mr. Bendre,

      Since Insolergy has successfully executed multiple solar power projects in Maharashtra, we would love to provide you with the relevant information. Kindly share the specifics of your project with our team at ask@insolergy.com or you can call/Whatsapp us on +919082786504

  16. amol February 15, 2018
    Reply

    sir i am a dealer luminous solar system in WARDHA MAHARASTRA how to work subsidies in my costamor please help

    • Nidhi Agrawal February 28, 2018
      Reply

      Hello Mr. Amol,

      The Insolergy team love to help you out. Kindly get in touch with us at ask@insolergy.com or call/Whatsapp us on +919082786504 in order to discuss the specifics of your solar project.

  17. Pawar Shrikrishna February 18, 2018
    Reply

    I have 5 hectares land I want to install 2Mwatt solar power plant on Grid Systems, how can I implement this project, what is process for permission, documentation, can I gate Govt. Subsidy and how much

    • Nidhi Agrawal February 28, 2018
      Reply

      Hello Mr. Shrikrishna,

      The amount of subsidy is 30% of the capital cost (inclusive of taxes) of the system or Rs. 18,300 per kW of installed capacity, whichever is lesser. Those eligible for this subsidy are individual residences, housing societies, non-profits/ trusts like hospitals, schools, colleges, etc.
      Please allow the Insolergy team to understand your requirement of 2 MW installation, so that we can guide you through the process with specific details. Kindly get in touch with us on ask@insolergy.com or Whatsapp/call us at +919082786504.

  18. kamlesh saxena February 22, 2018
    Reply

    What is the maximum subsidy one can receive?

    • Nidhi Agrawal February 28, 2018
      Reply

      Hello Mr. Saxena,

      The amount of subsidy is 30% of the capital cost (inclusive of taxes) of the system or Rs. 18,300 per kW of installed capacity, whichever is lesser. Our team looks forward to helping you out further, so kindly share the details of your solar project at ask@insolergy.com

  19. madanlal G.Behetwar February 22, 2018
    Reply

    Inform me about solar subsidy for my home solar plant of 1 kwt.

    • Nidhi Agrawal February 28, 2018
      Reply

      Dear Mr. Behetwar,

      In order to help us understand your requirement better for us to give you accurate information, kindly get in touch with us on ask@insolergy.com
      or you may Whatsapp/call us at +919082786504. Our team looks forward to helping you out.

  20. Govind Shastri February 25, 2018
    Reply

    What will be the cost of 2kw roof top online grid solar power plant?
    What about subsidy and it’s validity?
    Subsidy is applicable on loan?
    Can loan be treated as a home loan?

    • Nidhi Agrawal February 28, 2018
      Reply

      Hello Mr. Shastri,
      solar subsidy via MEDA can be availed till 14th May 2019, as per the recent circular by MNRE. You can avail it on the loan amount as well. Can this loan be treated as a home loan? Well, PSU banks may allow the cost of the solar plant as part of house construction cost, if the plant is installed at the time of house construction. If your house is already built, then it’ll be considered on case-to-case basis. Regarding your question about the cost of a rooftop solar system, you can contact ask@insolergy.com

  21. vivek utpat February 26, 2018
    Reply

    till when subsidy can avail by government.

    • Nidhi Agrawal February 28, 2018
      Reply

      The latest circular that was released by MNRE on 15th February states that the subsidy (Via MEDA) will be extended to until 15 months from the date of the issue which is until 14th May 2019.

  22. Sandeep February 28, 2018
    Reply

    I have heard that govt is not giving subsidy anymore, they have stopped giving from Sept17.

  23. Shriram Kabra March 1, 2018
    Reply

    Can you share the GR mentioning the extension of subsidy timeline.

  24. AMIT KULKARNI March 2, 2018
    Reply

    Sir,
    As you said, MNRE circular on 15th Feb states that the subsidy (Via MEDA) will be extended to until 15 months from the date of the issue which is until 14th May 2019… It would be great if you can share the same link or such document to get clarity.

  25. Shrikant Bharne March 6, 2018
    Reply

    Can i get subsidy on solar water

  26. Mohanish Baviskar March 8, 2018
    Reply

    Hello Nidhi,
    How to apply subsidy for the solar rooftop system.

  27. Vinay March 10, 2018
    Reply

    I have installed off grid solar system with Indian make solar panels & inverter. Can I get subsidy on off grid solar system?

    • Nidhi Agrawal March 23, 2018
      Reply

      Hello Mr. Vinay, there’s no subsidy for off-grid solar system.

  28. Pranav Gawate March 12, 2018
    Reply

    What’s are the basic requirement of solar power plant

    If I install it

  29. going solarr March 15, 2018
    Reply

    great blog thanks for sharing this blog

  30. Amol March 19, 2018
    Reply

    Is there subsidy for off-grid system? If yes then how much will be for the private schools and colleges

    • Nidhi Agrawal March 23, 2018
      Reply

      Hello Mr. Amol, there is no subsidy for off-grid system.

  31. Nikhil Kurade 11 days ago
    Reply

    Is it profitable to generate electricity from solar system in India and sell to any industry

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