Financial Support for extending subsidy for installation of 68,000 Numbers of Solar Photovoltaic lights and small capacity systems through NABARD/ RRB’s, Nationalized banks and Cooperative banks under Jawaharlal Nehru National Solar Mission (JNNSM)

Last IREEED Review: 02 April 2014
Program Overview
State: Central
Technology : Solar PV
Date of Issue : 28 February 2014
Nodal Agency : Ministry of New and Renewable Energy (MNRE) and National Bank for Agricultural and Rural Development (NABARD)
The main objective of the project is to provide clean and better light to individual households in rural, semi-urban and urban areas where the electricity supply is very unreliable and unstable. This would help in reduced dependence on kerosene consumption. Solar PV lights and small capacity PV Systems from 10 Wp to 1 kWp both LED and CFL based systems. Capital subsidy ranges from 30% to 40% based on the specifications of the SPV system with battery and LED, CFL systems. The duration of the project is for 1 year and would fall under the General Financing Rules of Government of India central Government
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