MNRE scaling up budget for Grid connect rooftop and small solar power plant from Rs. 600 cr to Rs.5000 Cr

MNRE

MNRE is scaling up of budget for Grid Connected Rooftop and Small Solar Power Plants Programme from Rs. 600 crore during the 12th Five Year Plan to Rs.5000 crore for implementation over a period of five years upto 2019-20 under National Solar Mission (NSM) – 2nd amendment.

All the organizations / institutions including those registered under the Societies Registration Act 1860 and the Indian Trust Act 1882 will be eligible for subsidy under the Grid Connected Rooftop and Small Solar Power Plants Programme.

As per the amendment, recently approved by President of India the private commercial and industrial sector for which no subsidy is available includes-

  • Companies registered under the Company Act 1956 / 2013 other then registered under Section
  • 25/8
  • Company / firms registered with central/state government authority (SIDC, DIC)
  • Company registered under Limited Liability Partnership (LLPs) act 2008
  • Partnership firm registered under Partnership Act 1932
  • Shops and establishment Act
  • Multi state cooperative society Act
  • SSI (Small Scale Industries)
  • Proprietorship Firms

Sector-wise eligibility of Central Financial Assistance (CFA) and Achievement-linked Incentives/Awards

 

SL. No.

 

Category

 

Coverage of buildings

Central Financial Assistance/ Achievement  linked Incentives

& awards

(i) Residential All types of residential buildings CFA upto 30% of benchmark cost for  General  Category States/UTs and  upto  70%  of  benchmark cost for  Special   Category  States   i.e. North    Eastern    States   including Sikkim,  Uttarakhand,  Himachal Pradesh, Jammu  &  Kashmir and Lakshadweep,      Andaman        & Nicobar Island
(ii) Institutional School      health      institutions    including medical  colleges & hospitals, universities, educational    institutions    etc.[including those    registered    under    the     Societies Registration Act 1860 and the Indian Trust Act 1882. CFA upto 30% of benchmark cost for  General  Category States/UTs and  upto  70%  of  benchmark cost for  Special   Category  States   i.e. North    Eastern    States   including Sikkim,   Uttarakhand,  Himachal Pradesh, Jammu  & Kashmir and Lakshadweep,      Andaman        & Nicobar Island
(iii) Social sector Community centres, Welfare   homes,  old age  homes,  orphanages, common   service centres, common workshops for artisans  or craftsman, facilities for use of community. Trusts/     NGON oluntary       organization

/training       institutions,       any        other establishments for common  public  use etc. [including  those   registered   under   the Societies   Registration   Act   under   the

societies  Registration  act  1860  and  the Indian Trust Act 1882.1

CFA upto 30% ofbenchmark cost for  General  Category States/UTs and  upto  70%  of  benchmark cost for  Special   Category  States   i.e. North    Eastern    States   including Sikkim,  Uttarakhand,  Himachal Pradesh, Jammu  & Kashmir and Lakshadweep,      Andaman        & Nicobar Island
(vi) Private, commercial and industrial sector a)  Companies    registered      under      the    No CFA Company  Act   1956/2013  other   than

registered under Section  25/8

b)  Company/firms       registered       with CentraVstate    government    authority (SIDC,  DIC)

c)  Company.  registered  under   Limited

Liability Partnerships (LLPs)  act 2008 d)  Partnerships     firm   registered    under

Partnerships Act 1932

e)  Shops  and establishment  Act

f)  Multi  state cooperative society  Act g)  SSI (Small  Scale Industries)

h) Proprietorship Firms

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