Farmers Get Subsidy up to 30% for Installing Solar Water Pumps: MNRE

Till now over 1.85 lakh solar water pumps have been reported installed in the country under the MNRE Programme.

mnre

In a written reply to a question in Lok Sabha, Union Minister of State (IC) Power and New & Renewable Energy (MNRE), R K Singh mentioned that the ministry is providing subsidy up to 30% of the benchmark cost of the solar water pumps to the farmers under Off-grid and Decentralized Solar PV Applications Programme.

Till now over 1.85 lakh solar water pumps have been reported installed in the country under the Programme.

Moreover, the Ministry of New & Renewable Energy provides financial support to various R&D/academic institutions for research in the field of solar, wind, biogas, biofuel, storage, etc. for technology development and demonstration leading to commercialization.

The ministry also has set in place a comprehensive policy and guidelines for research, development and demonstration (RD&D) for new and renewable energy sector.

Under these guidelines Central Financial assistance up to 50% of the project cost can be provided for the projects that involve partnership with industry / civil society. However, the aid can reach up to the total project cost in the case of proposals from academic institutions, Government/non-profit research organizations and NGOs.

Apparently, MNRE has till now sanctioned 112 R&D Projects to various R&D/Academic institutions, industries, etc. with total financial support of Rs. 523.43 crore in renewable energy sector in the country during the 12th Plan Period.

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