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

By Saur News Bureau/ Updated On Sat, Oct 29th, 2016

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
(iii)	Social sector
(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