MNRE Benchmarks Costs for Rooftop Solar PV Tenders

The new costs have been drawn on the basis of inputs from the industry associations and players.

Keeping in view the present situation of the auctions for solar PV projects, Ministry of New and Renewable Energy (MNRE) has worked out benchmark costs for the rooftop solar PV tenders ranging up to 500 kWp.

The new costs have been drawn on the basis of inputs from the industry associations and players.

The benchmarked costs are:

• Up to project of 10 kWp : Rs. 60,000/- per kW
• Up to project of 10 kWp – 100 kWp : Rs. 55,000/- per kWp
• Up to project of 100 – 500 kWp : Rs. 53,000/- per kW

The Ministry of New & Renewable Energy is implementing Grid Connected Rooftop and Small Solar Power Plants Programme, wherein, Central Financial Assistance (CFA) is being provided for installation of rooftop solar PV plants in residential, institutional and social sectors.

The CFA is up to 30% of the cost arrived through tender process or the benchmark cost prescribed by MNRE, whichever is less, in case of general category states/UTs and upto 70% in case of special category states/UTs.

The information was provided by R.K. Singh, Union Minister of State (IC) Power and New & Renewable Energy in written reply to a question in Lok Sabha today.