The value provided by the ministry can be both higher or lower than actual average cost of the rooftop solar system.
Benchmark cost of solar power plant by mnre.
Standalone solar pumps were part of the off grid and decentralised solar pv applications scheme up till 31 03 2017.
Up to 30 of the benchmark cost of the solar pumps is provided as cfa under the scheme.
System wise benchmark costs are as under.
Grid connected rooftop solar power plant.
Last year the ministry had notified the benchmark costs for the year in june.
The applicable subsidy for various capacities of rooftop solar systems installed at individual residential households under phase ii of grid connected.
Solar power by shaurya singh july 28 2019 august 28 2020 benchmark costs solar mnre recently mnre has issued benchmark cost 2019 20 for different types of solar power plants equipments.
The new benchmark costs will apply to all the implementing agencies which are involved in developing rooftop solar projects.
Iii standalone solar power plants packs capacity up to 10 kw above 10 kw and up to 25 kw battery back up hrs 6 6 3 benchmark costs rs.
Mnre pv benchmark cost is a reference costs used by ministry of new and renewable energy govt of india for calculation of subsidies applicable for rooftop solar systems.
Per wp general category orth eastern states hill states uts 94 74 62 84 66 55 states uts island uts 103 81 68 92 72 60 above mentioned benchmark costs will come into effect from the date of issue of this.
In july 2019 mnre notified new benchmark costs for grid connected rooftop solar power projects for the financial year fy 2019 20.
For projects with a capacity of above 1 kw and up to 10 kw the benchmark cost was set at 54 0 79 w.
The ministry of new and renewable energy mnre has notified the new benchmark costs for grid connected rooftop solar power projects for the financial year fy 2019 20.
Standalone solar pumps 2 solar lighting systems the solar study lamp above is with 2 5 wp solar panel 1 w led luminaire and 3 2 v 2000.
Central financial assistance cfa of 30 of the benchmark cost of the system or the tender cost whichever is lower for solar street lights and solar power plants in general category states and cfa of 90 of the benchmark cost or tender cost whichever is lower in north eastern states including sikkim jammu kashmir himachal pradesh.
Till date about 2 37 lakh solar pumps have been installed under the solar pump programme.