Benchmark Cost Of Solar Power Plant By Mnre

In july 2019 mnre notified new benchmark costs for grid connected rooftop solar power projects for the financial year fy 2019 20.

Benchmark cost of solar power plant by mnre.

Up to 30 of the benchmark cost of the solar pumps is provided as cfa under the scheme. 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. The value provided by the ministry can be both higher or lower than actual average cost of the rooftop solar system.

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. System wise benchmark costs are as under. For projects with a capacity of above 1 kw and up to 10 kw the benchmark cost was set at 54 0 79 w. Till date about 2 37 lakh solar pumps have been installed under the solar pump programme.

The ministry issued wind solar hybrid policy on 14 05 2018 along with its amendment on 11 10 2018 with the objective to provide a framework for promotion of large grid connected wind solar pv hybrid system for optimal and efficient utilization of transmission infrastructure and land reducing the variability in renewable power generation and achieving better grid stability. 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. The ministry of new renewable energy mnre has recently released benchmark costs for off grid solar pv systems for the year 2020 21. The new benchmark costs will apply to all the implementing agencies which are involved in developing rooftop solar projects.

Standalone solar pumps were part of the off grid and decentralised solar pv applications scheme up till 31 03 2017. 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. 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. 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.

Last year the ministry had notified the benchmark costs for the year in june.