Nabard Solar Water Pump Scheme

Here is the complete guide for agriculture solar subsidy loan schemes from nabard in india.

Nabard solar water pump scheme.

Solar subsidy and loans of agriculture. India is the most agriculture based country. The list below gives models approved by mnre. 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.

Goi has signed an mou with nabard to promote. But the unit costs are revised from time to time and your manufacturer supplier should be able to guide you properly on the. 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. According to the minister 15 lakh farmers will be provided funds to set up grid connected 15 lakh solar pumps.

All loans sanctioned by nabard before 15th march 2017 will be eligible for the subsidy. 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. For the rest amount nabard offers loans. Farmers in kerala are currently offered a 60 per cent subsidy on solar powered.

The agricultural region provides a livelihood to over 50 of india s population. In this you have to pay 20 of the cost of solar plant as an upfront payment. 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. Only the models approved by mnre are eligible to be covered under the scheme.

Through this scheme the government targets to add 25 750 mw of combined solar capacities all three components by the year 2022. In agriculture solar energy can be used in several ways saving money increasing self reliance and reducing pollution. Mnre nabard scheme for solar home lighting. Nabard offers up to 40 solar pump subsidy.

The scheme is divided into three different components installation of standalone solar pumps solarisation of grid connected pumps and commissioning of grid connected solar power plants. About subsidy on solar pump. National bank for agriculture and rural development offers subsidy for solar plants. Dairy entrepreneurship development scheme capital investment subsidy scheme for commercial production units for organic biological inputs agriclinic and agribusiness centres scheme.

Marketing design installation commissioning cmc of solar water pumping system in districts of gujarat rajasthan state through various banks under nabard mnre 30000 scheme. Kindly note that nabard subsidy schemes for the below solar home lighting systems have been discontinued since march 2017.