Solar Rooftop System Subsidy in India – FY 2023-24
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Who can avail the solar rooftop subsidy in India?
Central financial assistance (CFA or subsidy) is available for residential sector grid-connected solar rooftop projects only. For other sectors e.g., Govt., institutional, social, commercial, industrial etc. CFA is not available.
To avail solar subsidy, consumers need to get the systems installed only through the empanelled vendors (by DISCOMs).
Some common instances when Subsidy under Rooftop Solar (RTS) Ph-II programme is not applicable:
How much subsidy is available in India for installing Grid Connected Solar Rooftop System?
Central Financial Assistance (CFA)/ Central Government Subsidy for rooftop solar plant installed by a residential consumer is common for the entire country under the simplified procedure, which is as under:
Illustration for calculation of central Government subsidy:
Separate from the above criteria, all residential consumers of the states/UTs – Sikkim, Uttarakhand, Himachal Pradesh, UT of Jammu & Kashmir, Ladakh, Lakshadweep, and Andaman & Nicobar Islands, applying for installation of rooftop solar on the National Portal for Rooftop Solar will be eligible to get higher CFA as mentioned below:
Important:
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How to apply for a solar rooftop subsidy?
National Portal (https://solarrooftop.gov.in/) for Rooftop Solar was launched on 30.7.2022. On the National Portal any residential consumer from any part of country can apply for installation of RTS and get CFA directly in his/her bank account. All the steps starting from application to release of CFA can be monitored by consumer online on the Portal.
The interested beneficiary may install the solar rooftop systems through project developers/system integrators/manufactures etc. after taking necessary approval from DISCOMs within the capacity limit as laid down in the order of respective State Electricity Regulatory Commission/Joint Electricity Regulatory Commission of the respective States/UTs.
Procedure for the consumers to install Rooftop Solar and avail subsidy –
When will you get the Solar Subsidy?
Central government subsidy will be credited directly into the bank account of the beneficiary within 30 working days of receipt of the bank account details and uploading of all necessary documents.
Where to apply for solar subsidy online?
A consumer can apply online at National Portal?www.solarrooftop.gov.in.
For more details, you can read this blog:?ROOFTOP SOLAR SUBSIDY (DBT SCHEME) BY MNRE NATIONAL PORTAL STEP-BY-STEP PROCESS
MNRE Subsidy circular can be accessed at:
Compiled by?Mayank Mishra