Nabard Solar Water Pump Scheme

The agricultural region provides a livelihood to over 50 of india s population.

Nabard solar water pump 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. According to the minister 15 lakh farmers will be provided funds to set up grid connected 15 lakh solar pumps. For the rest amount nabard offers loans. Subsidy on solar water pump is a term about which farmers as well as the common man would like to know.

The list below gives models approved by mnre. All loans sanctioned by nabard before 15th march 2017 will be eligible for the subsidy. Solar subsidy and loans of agriculture. Here is the complete guide for agriculture solar subsidy loan schemes from nabard in india.

Solar water pumps. About subsidy on solar pump. National bank for agriculture and rural development offers subsidy for solar plants. Nabard offers up to 40 solar pump subsidy.

Kindly note that nabard subsidy schemes for the below solar home lighting systems have been discontinued since march 2017. 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. India is the most agriculture based country. Only the models approved by mnre are eligible to be covered under the scheme.

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. Dairy entrepreneurship development scheme capital investment subsidy scheme for commercial production units for organic biological inputs agriclinic and agribusiness centres scheme. Goi has signed an mou with nabard to promote. 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. But the unit costs are revised from time to time and your manufacturer supplier should be able to guide you properly on the. In this you have to pay 20 of the cost of solar plant as an upfront payment. Nabard the benchmark cost of solar pv system as per a nabard document is rs 270 per wp.

Farmers in kerala are currently offered a 60 per cent subsidy on solar powered. 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.