Maharashtra Solar Subsidy for Societies, Trusts, and Non-Profit
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 officials visit the site and perform site inspection, following which they issue a subsidy grant letter to the eligible customer.
- After all the processes have been successfully completed, the subsidy amount is directly credited to the account of the eligible customer within 2-3 months of issuing the grant letter.
To get solar subsidy through Vaultra Energy contact +91-9930496142 or send a mail to ameya.sathe@vaultra.in
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