Benchmark Cost Of Solar Power Plant By Mnre

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.

Benchmark cost of solar power plant by mnre. The new benchmark costs will apply to all the implementing agencies which are involved in developing rooftop solar projects. 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 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. Mnre has set 85 000 1 244 85 horse power hp as the benchmark cost for solar pump up to 3 hp dc capacity in general category states and 93 500 1 369 33 hp as benchmark cost for the same solar pump in special category states north eastern states hilly states and union territories.

The ministry of new renewable energy mnre has recently released benchmark costs for off grid solar pv systems for the year 2020 21. 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. In july 2019 mnre notified new benchmark costs for grid connected rooftop solar power projects for the financial year fy 2019 20. 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. The value provided by the ministry can be both higher or lower than actual average cost of the rooftop solar system. Last year the ministry had notified the benchmark costs for the year in june. Grid connected rooftop solar power plant.

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. Up to 30 of the benchmark cost of the solar pumps is provided as cfa under the scheme. Standalone solar pumps were part of the off grid and decentralised solar pv applications scheme up till 31 03 2017. The applicable subsidy for various capacities of rooftop solar systems installed at individual residential households under phase ii of grid connected.

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.