Financial assistance for solar projects in West Bengal

solar powerDuring 2009-10, 2010-11, 2011-12 and 2012-13, the Ministry of New And Renewable Energy released Rs. 11.78 crores, Rs. 12.47 crores, Rs. 8.12 crores and Rs. 3.82 crores respectively to West Bengal Renewable Energy Development Agency for various off-grid solar photovoltaic systems and power projects.

The Ministry, under the Off-grid and Decentralized Solar Application scheme of JNNSM provides a subsidy of 30% of the project cost ranging from Rs 42/- to Rs. 72/- per watt peak for off-grid SPV power plants having module capacity up to 100 kWp depending on their capacity and configuration in general category States. In Special Category States, UT Islands and districts with international borders, the ministry provides 90% of the cost of the off-grid SPV power plants limited to in the range of Rs. 126/- and Rs 216/- per Wp for installation by Central and State Government Ministries, departments and their organizations, State Nodal Agencies and Local Bodies. The Ministry also provides a subsidy of 30% of the cost of project limited to Rs. 150 per watt for installation of micro/mini-grid SPV power plants of unit capacity up to 250 kW.

The ministry is providing generation based incentives at a rate equal to difference between CERC approved applicable tariff and a notional rate of Rs. 5.50 per unit for the year 2010-11, escalated at three per cent every year thereafter for solar power projects of total capacity 100 MW. The Government is extending exemption on excise duty on the components procured from within the country and levying concessional customs duty on the components imported for the first time installation of solar power plant. Accelerated depreciation and tax holiday facilities are also available for solar power projects.

 

State-wise funds released during 2012-13 under the Off-grid and Decentralized Solar Application Scheme for SPV systems/devices and power plants is given below:

 

States/UTs                                                      Fund released in Rs. In Lakhs during 2012-13

Andhra Pradesh                                                        134.41

Arunachal Pradesh                                                    582.26

Assam                                                                        223

Bihar                                                                           20

Chhattisgarh                                                              5280.13

Haryana                                                                     225.69

Himachal Pradesh                                                    191.39

Jammu & Kashmir                                                   3361.10

Jharkhand                                                                 270.49

Karnataka                                                                 113.59

Kerala                                                                        854.68

Madhya Pradesh                                                       448.97

Maharashtra                                                              27.57

Manipur                                                                    1483.30

Mizoram                                                                   178.80

 Nagaland                                                                 1036.40

Punjab                                                                       96.51

Rajasthan                                                                  3890.32

Sikkim                                                                         261.63

Tamil Nadu                                                                127.95

Tripura                                                                       401.90

Uttarakhand                                                              123.00

Uttar Pradesh                                                            2675.35

West Bengal                                                              382.02

Others CEL, REIL, NABRD,                                     17526.01

RRBS, NGOs and system integrators, etc.

    TOTAL                                                                   39916.47