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Maharashtra Solar Subsidy for Societies, Trusts, and Non-Profit

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Societies, Trusts, and Non-Profit Organisations in Maharashtra can now avail solar subsidy under Maharashtra Energy Development Agency (MEDA) scheme. Under this scheme organisations which are tax exempted will receive upto 30% of subsidy on the cost of rooftop solar PV system installed. 
A 10kW rooftop PV solar system typically requires 10,000 sq ft of shadow free area, produces on an average 40-45 units in a day, and has a benchmark cost of approximately ₹4.5 lacs.


Procedure to get Solar Subsidy in Maharashtra: Eligible customers such as residential societies, schools, universities, etc should first identify their solar project developer and issue purchase order.Solar project developer will then prepare required documentation and submit it to MEDA online on behalf of the eligible customer.MEDA will issue a provisional approval after reviewing the documents.Solar project developer will commission and install the solar power plant at the site and submit a completion report to MEDA.MEDA of…

How to get a Solar Plant without investing your own capital?

Indian Government’s continued efforts to boost renewable energy capacity of India has significantly increased India’s solar capacity from 9 GW in Dec 2016 to 18.4 GW by Jan 2018. As per Jawaharlal Nehru National Solar Mission (JNNSM), government has set up a target of 100 GW solar capacity by 2022. This has attracted Indian as well as international investors to Indian solar market.
Currently, consumers can get a solar plant on their rooftop either by investing their own money or by asking a solar developer to set up a third party owned solar plant. As the initial investment required to set up a solar plant is very high, (₹43,000 – ₹48,000 per kW for large plants and ₹50,000 – ₹55,000 per kW for smaller plants) most of the rooftop owners are reluctant to put their money. For consumers with large rooftop area and high electricity tariff, solar companies have come up with a model to install third party owned solar plants on the rooftop of such consumers. This is commonly known as OPEX(Ope…