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Solar Scheme 2024: PM Narendra Modi की Suryodaya Yojana

PM Surya Ghar: scheme was launched by Prime Minister Narendra Modi on February 15, 2024. The subsidy will cover up to 40% of the cost of the solar panels.


Average Monthly Electricity Consumption (units)|
Suitable Rooftop Solar Plant CapacitySubsidy Support
0-150 1-2 kW₹ 30,000/- to ₹ 60,000/-
150-3002-3 kW₹ 60,000/- to ₹ 78,000/-
> 300Above 3 kW₹ 78,000/-

Onsite Practical at Head Office Solar Power plant

2023-24 Schemes related to Solar energy - Government of India

Solar Rooftop Program

Objective To achieve a cumulative installed capacity of 40,000 MW from Grid Connected Rooftop Solar (RTS) projects.
Period of existing Phase-II scheme Till 31.03.2026
Salient Features

Central Financial Assistance (CFA)/Subsidy is provided to the residential electricity consumers under Component-A and incentives are provided to DISCOMs under Component-B of this programme.

To avail CFA a residential consumer has to apply for installation of Grid Connected Roof Top Solar (GCRTS) through any of following two mechanisms:

  • Mechanism 1: Applicable through National Portal for Roof top Solar
  • Applicable CFA under this mechanism is available at the link
    https://solarrooftop.gov.in/pdf/revised_CFA_structure_071222.pdf
  • Applicable CFA will be transferred directly to the consumers account after successful installation (by empanelled vendors) and verification by State DISCOMs

  • Mechanism 2: Applicable through State DISCOMs portal
  • Applicable CFA under this mechanism is available at the link
    https://solarrooftop.gov.in/notification/Notification-21082019-143301.pdf
  • The consumer has to pay only the balance amount after deducting the subsidy/CFA to the bank account of an empanelled vendor after successful installation and verification by the State DISCOMs

Component A: CFA to Residential sector - 4 GW

Component B: Incentives to DISCOMs – for initial 18 GW Capacity

Admissibility of CFA for residential sector rooftop solar projects installed under Rooftop Solar Programme Phase-II (181kb PDF, 27/01/2023)
https://mnre.gov.in/img/documents/uploads/file_s-1674818128100.pdf


Pradhan Mantri Kisan Urja Suraksha (PM KUSUM)
Till 31.12.2026

Objective
  • The scheme aims to add solar and other renewable capacity of 30,800 MW by 2022 with total central financial support of Rs. 34,422 Crore including service charges to the implementing agencies.
  • The Scheme consists of three components:
    • Component A: 10,000 MW of solar capacity through installation of small Solar Power Plants of individual plants of capacity upto 2 MW.
    • Component B: Installation of 20 lakh standalone Solar Powered Agriculture Pumps.
    • Component C: Solarisation of 15 Lakh Grid-connected Agriculture Pumps.
Period Till 31.12.2026
Salient Features
  • Component A:
    • Solar energy-based power plants (SEPP) of capacity 500 kW to 2 MW will be setup by individual farmers/ group of farmers/ cooperatives/ panchayats/ Farmer Producer Organisations (FPO)/Water User associations (WUA) hereinafter called Solar Power Generator (SPG).In the above specified entities are not able to arrange equity required for setting up the SEPP, they can opt for developing the SEPP through developer(s) or even through local DISCOM, which will be considered as SPG in this case.
    • DISCOMs will notify sub-station wise surplus capacity which can be fed from such SEPP to the Grid and shall invite applications from interested beneficiaries for setting up the solar energy plants.
    • The solar power generated will be purchased by DISCOMs at a feed-in-tariff (FiT) determined by respective State Electricity Regulatory Commission (SERC).
    • DISCOM would be eligible to get PBI @ Rs. 0.40 per unit purchased or Rs. 6.6 lakh per MW of capacity installed, whichever is less, for a period of five years from the Commercial Operation Date (COD).
  • Component B:
    • Individual farmers will be supported to install standalone solar Agriculture pumps of capacity up to 7.5 HP in off-grid areas, where grid supply is not available.
    • CFA of 30% of the benchmark cost or the tender cost, whichever is lower, of the stand-alone solar Agriculture pump will be provided. The State Government will give at-least a subsidy of 30%; and the remaining at-most 40% will be provided by the farmer. Bank finance can be availed by farmer, so that farmer has to initially pay only 10% of the cost and remaining up to 30% of the cost as loan.
    • o In North Eastern States, Sikkim, Jammu & Kashmir, Himachal Pradesh and Uttarakhand, Lakshadweep and A&N Islands, CFA of 50% of the benchmark cost or the tender cost, whichever is lower, of the stand-alone solar pump will be provided. The State Government will give at-least subsidy of 30%; and the remaining at-most 20% will be provided by the farmer.
  • Component C: Individual Pump Solarisation (IPS)
    • Individual farmers having grid connected agriculture pump will be supported to solarise pumps. Solar PV capacity up to two times of pump capacity in kW is allowed under the scheme.
    • The farmer will be able to use the generated solar power to meet the irrigation needs and the excess solar power will be sold to DISCOMs.
    • CFA of 30% of the benchmark cost or the tender cost, whichever is lower, of the solar PV component will be provided. The State Government will give at-least subsidy of 30%; and the remaining at-most 40% will be provided by the farmer. Bank finance can be availed by farmer, so that farmer has to initially pay only 10% of the cost and remaining up to 30% of the cost as loan.
    • In North Eastern States, Sikkim, Jammu & Kashmir, Himachal Pradesh and Uttarakhand, Lakshadweep and A&N Islands, CFA of 50% of the benchmark cost or the tender cost, whichever is lower, of the solar PV component will be provided. The State Government will give a subsidy of at-least 30%; and the remaining at-most 20% will be provided by the farmer.
  • Component C: Feeder Level Solarisation (FLS)
    • Instead of the individual solar pumps the states can solarize the agriculture feeders. Guidelines were issued on 04.12.2020.
    • Where agriculture feeders are not separated, loan for feeder separation may be taken from NABARD or PFC/REC. Further, assistance for feeder separation may be availed from the Revamped Distribution Sector Scheme (RDSS) of the Ministry of Power. However, mixed can also be solarised.
    • Solar plants of capacity that can cater to the requirement of the agriculture load of the selected feeder can be installed through CAPEX/RESCO mode for a project period of 25 years.
    • CFA of 30% on the cost of installation of solar power plant (up to Rs. 1.05 Cr/MW) will be provided. However, in the North Eastern States, Sikkim, Jammu & Kashmir, Himachal Pradesh and Uttarakhand, Lakshadweep, and A&N Islands 50% subsidy is available.
    • The farmers will get day-time reliable power for irrigation free of cost or at tariff fixed by their respective state.
How to avail the financial assistance
  • Component A
    • The renewable power generated will be purchased by DISCOMs at a feed-in-tariff (FiT) approved by respective State Electricity Regulatory Commission (SERC).
    • In case the farmers/ group of farmers/ cooperatives/ panchayats/ Farmer Producer Organisations (FPO)etc. are not able to arrange equity required for setting up the SEPP, they can opt for developing the SEPP through developer(s) or even through local DISCOM, which will be considered as RPG in this case. In such a case, the land owner will get lease rent as mutually agreed between the parties.
    • To avail of the PBI, the Implementing Agencies are requested to submit their claims for the projects which have been completed one year post their commissioning date, till 5 years from COD, along with the Signed Copy of the Joint Metering Report and Receipt of lease rent paid to the beneficiary/land-owner, wherever applicable.
  • Component B & Component C (IPS)
    • State-wise allocation for solar pumps and solarisation of existing grid-connected pumps will be issued by MNRE, after approval by a Screening Committee under the chairmanship of the Secretary, MNRE.
    • On acceptance of the allocated quantity by the implementation agencies and submission of the detailed proposal as per MNRE format, within a given time, the final sanction will be issued by MNRE.
    • Projects for solarisation or installation of pumping systems shall be completed within 24 months from the date of sanction by MNRE. Extension in project completion timelines, up to a maximum period of three months, will be considered at the level of Group Head in MNRE and up to 6 months at the level of Secretary in MNRE on submission of valid reasons by the implementing agency.
    • Funds up to 40% of the applicable CFA for the sanctioned quantity would be released as advance to the implementing agency only after placement of letter of award(s) to the selected vendors.
    • The balance eligible CFA along with applicable service charges would be released on acceptance of the Project Completion Report in the prescribed format, Utilization Certificates as per GFR, and other related documents by the Ministry.
    • MNRE CFA and State Government’s subsidy will be adjusted in the system cost and the beneficiary will have to pay only the remaining balance.
  • Component-C (FLS)
    • CFA applicable under the FLS can be released in the following manner wrt CAPEX/ RESCO mode of implementation of the FLS.
    • CAPEX:- Advance CFA up to 40% of the total eligible CFA will be released to DISCOMs on completion of tendering process and signing of work agreement with EPC contractor selected for installation of solar power plant. Balance CFA will be released on successful commissioning of solar power plant and plant starts supplying power to agriculture feeder(s).
    • RESCO:- No advance CFA. Further, the CFA up to 100% of the total eligible CFA will be released to the RESCO developer through DISCOM on successful commissioning and declaration of the Commercial Operation Date (COD) of the solar power plant.

Solar Business Opportunities

The growing demand for green energy has made solar products more relevant in present times. The following are some of the recognized and undeveloped prospects for the solar energy business in India:

  1. Solar Projects to Develop and Own
    You can also continue to work on your solar projects. All you have to do now is assemble a team of experts in solar energy and equipment. Utilize your previous experience executing solar projects by developing and implementing a solid business plan, acquiring funds, and finally constructing it.
  2. Consultants for Solar Projects
    During the solar installation project, you will be expected to supervise, monitor, and offer recommendations as a consultant. You'll be in charge of guiding clients through the whole solar installation procedure. You can either work for yourself or for a consulting firm.
  3. Auditing of Solar Energy
    This opportunity is for people who have a deep understanding of the energy situation and how to meet energy demands. This is a prerequisite for anyone interested in having solar panels installed on their property. Starting this business requires a small investment. An auditor can act as a salesperson, promoting environmental conservation through the use of natural and renewable energy sources such as solar power, as well as advising clients on how to regulate and limit their energy consumption.
  4. Solar Product Distribution
    In India, starting a distribution company in the solar energy sector could be a great business opportunity. Once you've discovered a reputable solar product manufacturer in your area, you'll need to find distributors. Then you can start trading and making money.


Institute of solar Technology a pioneer in PV solar technology training an academic partner of University of Petroleum and Energy Studies, we have created 1000+ new solar entrepreneur since 2014. We are conducting online interactive + practical training sessions on PV TECHNOLOGY & BUSINESS MANAGEMENT for start-ups, entrepreneur, managers, project developers, implementing agencies and EPC companies. Course focus is on solar power projects development and quality management.

The trainees will have the opportunity to interact with highly experienced trainers on site assessment and planning, feasibility study and detailed project report preparation, design and installation best practices, PV system performance modelling and energy yield assessment, documentation as per IEC standard, inspection procedure and quality assurance, O&M planning, tender document preparation and contract management. Course covers both rooftop and ground mounted MW scale PV power projects.


Solar Project Design Master Course (Rooftop and Large solar system)

Solar Project design Master Course Huge job opportunity Solar Design engineer job

Search Solar Design Engineer Job
Solar Project Design Master Course: maximizes efficiency in the implementation of detailed project plans, keeping track of goals, tasks, resources, schedules, costs, and contingencies.This Course also enables to identify opportunities to reduce costs and minimize risk; develop systems to manage safety and quality assurance on site and also provide technical assistance to contractors, and report on progress to owners, project developers, and financial partners.

Admission going on for Nov & Dec - 2024
Rating:

Lithium-ion Battery Pack Assembly course (Solar, Energy storage and EV Battery)

Lithium Battery Pack Assembly Training for Solar System Don’t wait any longer to learn about Lithium-ion, Take our business Course today and start your journey towards a more sustainable future.
Techno Commercial Course to setup Lithium-ion battery assembly line for solar application, energy storage and EV 2W, 3W etc.
Practical training - cell sellection, cell IR testing, cell balancing, charge discharge testing, module & pack assembling, enclosure selection, all machinery selection, assembly line planning and layout drawing, costing of assembly line, working capital, investment, ROI, business projection making, different product design.
Get the knowledge of Lithium-ion cell parameters, Cell Chemistry, Cell Architecture, Thermal Management, BMS and battery pack assembly technical and commercial detail before setup assembly line.
Admission going on Nov & Dec - 2024
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Solar Power EV Charging Station Design Course

Solar Power EV Charging Station Design Course Combo course including Solar PV Technology, Lithium-ion Battery Technology and EV Charging Station Technology

Solar Power EV Charging Station Design Course:

Solar charging stations for electric vehicles have emerged as one of the best ways to reduce India’s dependence on fossil fuels. Nearly everyone who owns an Electric vehicle will install a solar charging station in their home. Certificate in Solar Power EV Charging Station (Design and Development) Training Program is a master courses that takes an Engineer, designe engineer, installer from site assessment, all the way through power-up and pinpointing.
Admission going on for Nov & Dec - 2024
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The Future of Solar Energy considers only the two widely recognized classes of technologies for converting solar energy into electricity — photovoltaics (PV) and concentrated solar power (CSP), sometimes called solar thermal) — in their current and plausible future forms.

We concentrate on the use of grid-connected solar-powered generators to replace conventional sources of electricity. For the more than one billion people in the developing world who lack access to a reliable electric grid, the cost of small-scale PV generation is often outweighed by the very high value of access to electricity for lighting and charging mobile telephone and radio batteries. In addition, in some developing nations it may be economic to use solar generation to reduce reliance on imported oil, particularly if that oil must be moved by truck to remote generator sites.
Now, with solar photovoltaic technology becoming more and more affordable, scalable and accessible, that dream is getting closer to reality. This online course looks at solar PV in depth, examining its potential for today and the near future, exploring the technical challenges, and assessing the commercial opportunities. It offers you an unparalleled insight into the global solar power market, and will give you the knowledge and practical details to shape and lead the future of solar energy.

Discover the PV business and expand your professional options

PV Technology & Business Management - Business Course (Offline)

Why people say – IST Business Boosting Course?
We cover business opportunities in Residential, Public Sector, Commercial and Industry, how you will prepare your technical team to fulfill customer requirement? How can you offer optimum electric bill saving or increase money for your Residential, Public Sector, Commercial and Industry customer? Learn from Institute of Solar Technology. You will become good Rooftop Solar Business Developer – 100% grantee. See Detail Syllabus

Admission going on for Nov & Dec
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Solar Project Design Master Course (Rooftop and Large solar system)

Solar Project design Master Course Huge job opportunity Solar Design engineer job

Search Solar Design Engineer Job
Solar Project Design Master Course: maximizes efficiency in the implementation of detailed project plans, keeping track of goals, tasks, resources, schedules, costs, and contingencies.This Course also enables to identify opportunities to reduce costs and minimize risk; develop systems to manage safety and quality assurance on site and also provide technical assistance to contractors, and report on progress to owners, project developers, and financial partners.

Admission going on for Nov & Dec - 2024
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Professional Diploma in Renewable Energy Application

PV Solar Business Training

Admission going on for 2025 Session.
Last date of Admission 24th Oct 2024
1 Year Diploma program
Professional Diploma in Renewable Energy Application focusing on specialized and practical skills, professional diploma aim to make a student ready for the professional world. They are industry-focused and follow advanced curricula to meet high industry standards. Professional diploma only focuses on skill development, often leading to career growth or enhanced career opportunities.

A unique program provides an in-depth understanding of various fields including Solar, Wind, Hydrogen Energy.

The program also covers the recent topics as Smart Grid and Net Zero CO2 emission global target by 2050.
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SR Technologist

Are you want to install solar at your home/office/factory? Yes, solar panels can be a good investment for homes, offices, and factories.

Contact with our Consultant


Offline classroom class Nov & Dec - 2024 at Howrah (Kolkata), West Bengal


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Good platform for Basics to Technically in-depth Knowledge of Solar. Received good knowledge in solar system, good explanation, clearing the concepts.

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Note: RSP = Rooftop solar power, LSS = large-scale solar, PDD = Project Design & Documentation
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