Solar - Modified Scheme

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Solar project from nabard

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    NABART)

    National Bank for Agriculture and Rural DevelopmentDepartment of RefinanceHead Office : BKC, Bandra (E), Mumbai - 400 051Tel. : +91 2226524926. Fax: +91 22 2653 0090E-mail : [email protected] . Website :www.nabard.org

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  • The State Co.op Banks may advise a[[the District Central Co-op Banksaffiliated to them for imptementing the

    3. Ftease acknowtedge refeipt.

    (Paflrna Raghunathan)Chief General Manager

    End[ : As above

    C:\P*ABHU-G$S\5-Solat\2- New Ciqhnl-iglrtiirgNw Circular - Li8htitrg doq

  • OPERATIONAL GUIDELI NESGUIDELINES FOR CAPITAL SUBSIDY SCHEA[E: FOR INSTALLATION OF 68000 SOLARPHOTOVOLTAIC LIGHTING SYSTEMS AND S;MALL CAPACITY P\/ SYSTEMS UNDERJAWAHARLAL NEHRU NATIONAL SOL,AR MISSION - MODIFIED SCHEME

    1. lmplementation periodThe modified scheme witt be effective for ther period from 1 Aprit ,2014 to 31 March 2015.Accordingty, loans sanctioned from 1 Aprit2014 and up to 31 March 2015 can be coveredunder the scheme. The earl ier scheme of caLpital subsidy witt be ctosed as on 31 March2014.

    2. Unit Cost2'1 Onty Modets approved by MNRE witt be etiglibte for coverage under the scheme. Themodets approved by MNRE are indicated in Ann,exure l(a)/l(b). Presentty the benchmarkcost for SPV system is Rs.270 per Wp. The banks are etigibte to finance only unitsconforming to the conditions/stiputations taid down by MNRE, Ciol as indicated in theSpecial Terms and Conditions (Annexure ll & lil]l and changed from time to time by MNRE.2.2 ln case units are financed with cost over and above the approved unit cost(benchmark cost), capitat subsidy witt be timiteld to the maximum capitat subsidy ceitingas indicated in these modets. However, in cases where the actual cost is tess than theindicative cost of the approved models, the r:tigibte capitat subsidy wil.t be 40%/30% (asthe case may be) of the actua[ cost of the proj,ect as indicated in Annexure l(a) and l(b).Systems manufactured by companies/instatted by deaters not approved by MNRE witt notbe etigibte for coverage under the scheme (For tist of approved manufacturers pteasevisit MNRE website http://mnre.eov.in/t ist/t ist-manufacturers-refinancine-innsm.pdf).

    2.3 Revision in Unit CostBased on the prevaiting cost and feedbiack received from NABARD, banks andmanufacturers, MNRE wit[ undertake revision in the unit cost (ben

  • t180/'per Wp for systerns with LED based t ighting system. Further, capital subsidy istimited to 30% of the benchmark cost for SPV sys;tem (with battery) of above 300 wp andupto 1000 Wp, timited to T81/- per Wp for sy:stems with CFL based tighting system 4ndt135/- per Wp for systems with LED based tigl-rtiing system.

    4'2 The above subsidy pattern witt be the sanrer for att categories of borrowers (sC/SIwomen, sma[[ farmers, physicatty handicappe,d, etc.) and also irrespective of thelocation of the unit.

    5. MarginBanks have to ensure that beneficiary contribrutes margin as per RBI norms, whereverthe same is applicabte.

    6. SecurityBanks may fottow RBI guidetines in this regard.

    7. InsuranceBanks shoutd ensure that the units are insur,ed.inctuded in the Total Financial Outl,av.

    The insurance premia may atso be

    8. Eligible Insti tut ions8.1 Att Regional Rurat Banks/ State Co-operative Banks/ District Central Co-operativeBanks are etigible to participate in the scheme.

    8.2 Gol has decided to invotve Sotar Energy Corporation of India (SECI) and NationatHousing Bank (NHB) atso as subsidy channeli:ling agency apart from NABARD andaccordingly, few scheduted comr'nerciat Banks nrary be attocated to SECI/NHB. Hence, attScheduted Commercial Banks (exctuding thosre which woutd participate in a simitarscheme with SECI/ NHB) witt be associated with the above scheme handted by NABAftD.9. Eligible BorrowersIndividuats, group of individuats, sHGs, JLGs, NGo, Farmers, ctubs, Registered Farmers,Producers Organizations etc. witt be etigibte for subsidy. However, private/pubtic LimitedCompanies/ Corporates witt not be etigibte.

    10. Release of subsidy10.1 The etigibte borrowers shatt appty to the branks for sanction of the project. Thebank shatl appraise the project as per the norms and if found etigibte, sanction the toanexctuding the margin subject to technicat feasibritity and financiat viabitity. Based;on

    2C:\PRABHU-CSSU.Siolar\2. Ne$' Circuta^Lighlrng\OpERATIONAL OUIDELINES-Ughling.dod

  • the fiel'd visit and after satisfactory instattation of the unit, the bank shatt arrange tpmake payment directty to the supptier.

    10'2 After sanction of the loan inctuding subsidy, the bank shatt approach NABARD forcapitat subsidy in the specified format (Anneixure lV). The Commerciat Banks and RREsshatt lodge their claims with NABARD Regionat offices, through their respectivgcontrotting offices. The District Centrat Co-operrative Banks shatt lodge their ctaims withNABARD Regional offices through their resper:tive State Co-operative Banks. NABARDwitI sanction and release subsidy subject to ttre admissibitity of the claim and avaitabititvof funds from Government of India.

    10'3 As in the case of other Govt. Sponsored Scheme, the subsidy woutd be credited t0the "Subsidy Reserve Fund Account" of the borrower. No interest witt be charged by thebank on the subsidy component. Subsidy witt be back-ended with a minimum tock iinperiod of 3 years. lf the toan is repaid bef,ore three years, the borrower wi[[ not bbetigibte for subsidy.

    1 1. Interest RateThe loans extended by the banks woutd carry the rate of interest as per RBInorms.

    12. Repayment periodRepayment period witt be for 5 years.

    13. Misutilization of subsidyln case the unit is found to be incomptete or the subsidy is misutitiz:ed, Bank shatt arranggto recatl the subsidy and refund the same to I.IABARD. In the event of loans becomingNPA beneficiary witt not be etigibte for subsidy and the same witl lhave to be refunded.

    1 4. Utilization CertificateBanks have to submit the consotidated utitizzrt:ion certificates for capitat subsidy in thgformat indicated in Annexure V. Banks have to submit the utitization certificate toNABARD within 3 months from the date of disbursement. Atthougll the rate of subsidy ipuniform for alt categories of borrowers, banl

  • imptementation of the sclterne. Apart from CGM, NABARD and nffici4t frorn MNRE, StqteNodat Agency (Annexurg Vlfl, the Committee wilt a{so inctpde Convenor, $LBC andChairmen of 2-3 RRBs and an qfficiat of State Co-opera,tive Bank NffiARD Regionat Offlcewould convene the meet[ng once in a quartqr under the chpirmnship of Officer-in-Charge. At l'tationat tevet flne pragramme witt be reviewed by 4 Corrmittee consistinglofrepresentatives of MNRE, Golg NABARD and corr.unercial Banks. j

    16. ReflnanceLoans disbursed under the sdreme witt be etigiibte for refinanqe a$ perof NABARD.

    refinance poti.V

    C:WRABHU-CSSl5.Solar\2- lrlsw Circulor\Lighrs\0PEMTIpNAL CUTDELTNES-tjgbrri&dos

  • ANNEXURE l(a)Technical and Financial parameters

    of Approved Models (CFL Lurninarie) to be financed

    Note : The total cost, the maximum capital subsidy and the maximum eligible quantum of subsidizedloan have been worked out on the basis of the benr:hmark cost of Rs.270l- per Wp prescribed byMNRE,

    Modet Photovottaicmodutes/

    panets (Wp)Battery capacity lVlaximum

    recommendedtoad and duty

    cycte

    BenchmarkCost(

  • In case the actual cost of the system is less than the indicative costs mentioned above, the capitalsubsidy eligibility will be calculated O+O'Uql:O'n of the actuat .o;i;;: the c;ase may be.For invoices with amounts_,!'9tr,aF.n

    ,hose prescriberd, the subsidy wrll be limited as workeo outaccording to the benchmark iost (cFL based firoducg oi Rr.zzo (maximunr)per wp, However, the:]]:

    tt their discretion, may co,nsider financing the remaining uroro, at their prerailing interest

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  • Annexure l(b)Technical and Finiancial parameters of

    Approved Models (LED l[uminarie) to be financedModet Photovottaic

    modules/panets (Wp)

    Battery capacity /Vlaximumrecommendecl load andcluty cycte

    BenchmarkCost(

  • ANNEXURE II

    Special Terms and Conditions

    1) The modets coutd be home tighting systems or inverter based systems capabte ofhandting general AC loads.

    Zl Manufacturers to provide Compact Ftuorescent lamps (CFLs) of 9 Wl11 W andLED (Light Emitting Diode) for home tighting st/stems.

    3) The battery witt be lead-acid of ftooderd etectrotyte type, positive tubutar ptateor gel type Vatve Regulated Lead Acid and low nnaintenance.

    4) Inverter shoutd be of quasi sine wave/:;ine wave type.

    5) PV modute (s) shatt contain crystattiner siticon sotar cetts/PV modutes are to beamong indigenousty manufactured.

    6) PV modutes must be warranted for their output peak watt capacity, which shoutdnot be less than 90% at the end of 10 years and 80% at the end of 25 years.

    7) The batance of systems provided must be warranted against any manufacturing/design/ instaUation defects for a minimum period of 5 years.

    8) The manufacturer has to give an undertaking with the invoice (Annexure lll) thatthe system offered meets the TechnicaI requirements/ standards contained inANNEXURE-3 of the MNRE guidetines Ref. 512:l/2009 - P&C Dated:16.6.7010 on off gridSPV power ptant systems under National Sotar Mission.

    9) Wherever deaters / others instat solar systems on behatf of empanettedmanufacturer, the invoice has to be raised only iy the empanetted manufacturers.

    8CiPRABHU-CSS\5-SolaM- New CrrculaALrghting\OPERAIIONAL GUIDELINES-Lightrng docx

  • ANNEXURE III

    (On the letterhead of the A'ggncy/ System provider)

    PROFORTAA FOR DECLAR/trION BY THE AGENCYSUPPLYING THE OFF.GRID sOL/\R APPLICATION SYSTEM

    It is certified that l/we have read the gr.ridel,ines issued by the Ministry vide5lZ3/2009/P&C dated 16th June, 2010 and :;ubsequent circutars issued by MNRE, Goland the retated provisions/terms and conditiorrs for avaiting financiat support from theMinistry of New and Renewabte Energy and l/we agree to abide by these guidetines andretated terms and conditions.

    l/we confirm that the proposed sotar PV sysllem(s) for which subsidy is being ctaimedhave not been instatled/supptied eartier.

    A detaited site survey has been done/or witt be undertaken to identify the beneficiarybefore actual suppty and instaltation takes ptilce.

    This is to certify that the various components of the SPV systems ygil! conform to theRetevant Standards, as mentioned in the Guidel.ines for Off-grid and Decentratized SotarApptications for 5PV modutes and component:; under JNNSM.

    Copies of the Retevant IEC/ BIS Certificates arerenctosed.

    We have comptied with the terms and conditions stiputated by the financing bank /NABARD / MNRE under the scheme. We agree to furnish additional. information, if any,required by the bank, NABARD / MNRE as and when requested.

    SignatureName & Designation ofAuthorized Signatory

    Address of the Agency/System provider

    Seal

    Ptace:

    Date:

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  • ANNEXURE V

    Format of Utilization Certificate(For the use of financing bank to be submitted to the Regionat Office of NABARD)

    CAPT AL SUBSIDY SCHEA,IE FOR SOLAR LIGHTINGAND SMALL cAPAcIw PV $YsTEMs UNDER JNNS,IT

    1. Name of the Bank;

    2. subsidy received from NABARD (Date &. Amount): units: Date: Amount: {3. Stbsidy utilized: UnitS: Amount: {

    This is to certify that the amount of capitaL suhsidy received from NAEARD has been futtyutitized as per the terms and conditions of the project/MNRE/NABARD and as per theguidetines of the scheme.

    Ptace: ( )Date: Seat & Signature of Authorized Signatory

    (Financing bank)

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  • ANNEXURE VI

    State Nodal Agencies: AddressANDHM PRADESHVice Chairman & Managing DirectorNon-Conventional Energy Devetopment Corporation of Andhra Pradesh (NEDCAP) Ltd.5-8-207/2- Pisgah Comptex, Nampatty, Hyderabad - 5OO 001.Tet: 040-23201 172 (O), Fax: 040-Z3ZO1 666Emait : [email protected]. in

    ARUNACHAL PRADESHDirectorArunachal Pradesh Energy Devetopment Agency'Urja Bhawan Tadar Tang Marg, Post Box No. 14.1, l tanagar-791111Tet: 0360-211160 / 216937 (O), Fax: 0360-2144ZtiEmai[ : http: / /wwwapedaqencv.comASSAMDirectorAssam Energy Devetopment Agency (under Scienr:e and Technotogy Deptt. Govt. of Assam)Bigyan Bhawan, Near lDBl Buitding, G S Road, Gurwahati-781005Tete : 036 1 -246461 9, 2464621, Fax No. 03 61 -246,1(,17,E mail : [email protected] Http://www.assamrrilewablg.glg

    BIHARDirectorBihar Renewabte Energy Devetopment Agency1st Floor, Sone Bhawan, Virchand Patel Marg, F,a.tna - 800 001.Tet : 06 1 2-223357 Z, 2720493 ( R) ; Fax : 0612-2228",| 34Emai[ : dir breda@sancharnet. inCHHATTISGARHPrincipal Secretary Energy and Chief Executive OfficerChhattisgarh State Renewabte Energy Devetoprnr:nt Agency (CREDA)Mantrataya, DKS Bhawan, Raipur (Chhattisgarh)Tet : 0771 -2221308,5080308 {Fl 2221163,E-mait; [email protected] / http: / /www.crgdegg.gom

    DirectorChhattisgarh State Renewabte Energy Devetopment AgencyMIGIA-20/l Sector 1, Shankar Nagar; RaipurTet:0771 -2476446; s022050 (R); 5066770 (Fax)Emait:[email protected]/credace@rediffmail; .com/credacq@vaheomai[.comGOAMember SecretaryGoa Energy Devetopment AgencyDST&E Buitding, 1st Ftoor, sal.igo Ptateau, opp. seminary, satigao, Bardez, Goa - 403511Tel. V71194

    1 i iCr\TRABHU-GSS\5-5olar\2- New Circu lar\Lightrng\OPERATIONAL GUIDEtINES-LlBht ing docx

  • GI}JARATDirectorGujarat Energy Development Agency (GEDA)4tqFtoor; Btock No.1 1-&. 12, udyog bhawan,sector-11, Gandhi Nagar-3g2017, GujaratTeteL079 ) -2 3247 086 / 89 ; F ax: Z3Z4V 090,E. mai [ : info@geda. org. in, http ://www. geda. org. inHARYANADirector,Haryana RenewaI Energy Devetopment Agency (HAIIE:DA)SCO 48, Sector 26, Chandigarh - 160 019Tet: 01 72- 2791917,2790918, 2790911 (O), 2794185 (R), Fax: O17Z-Z79O}ZBEmait :

    HIAAACHAL PRADESHChief Executive,HIMURJA, SDA Comptex, Kasumpti, Shimta-171009.Telez0177 -,7620365 (O) 262037 1 (R) Fax: 0177 -2620365E Mail: [email protected],in : http:/ihimurja.nic,inJArrt ^U AND KASHMIRChief Executive Officer,Jammu & Kashmir Energy Devetopment Agency (JAKEDA)12 BC Road, Rehari, Jammu.Tete:0191 - 2546495, 2552725(Rl, 2546a95 ff axlDharritta, Raj Bagh, Srinagar, Tete Fax: 0194-Z47mg1JHARKHANDDirectorJharkhand Renewabte Energy Development Agency328 B, Road No.4, Ashok Nagar, Ranchi - 834 002.Tet: 0651 -2246970 Fax 0651 -2240665Email : [email protected] ; http://www. jreda.com

    KARNATAKAManaging DirectorKarnataka Renewabte Energy Devetopment Agency Ltd.1 9' Maj. Gen. A. D. Loganadan, INA cross, eueen's Fload, Bangatore- 560 052Tete : 080 - 22 282220 (O), 23 3 65 590 ( R), Fax - 08 0 -ZZZ57 J99,Emai[ : [email protected] ; http: //kredt.karr.r]t!.!nKERALADirectorAgency for Non-Conventional Energy and RuratTeclhnoLogy (ANERT),PATTOM P. o., PB No. 1 094, KESAVADASAPU RAM, Thi ruvaninthapu ram - 695 004.Tetefax : 047 1 -2440121 ; 24401 22, 2440 1 24 ( Fax ) Z44t9iB54Emai[ : [email protected]; htto: / /education.vsnt.corn

    1 4Ci\PRABHU.GS:;\5-5olar\2- New Ctrcutar\LtghrinC\OpERATtONAL GUTDEUNEs-t- tghr ing docr

  • A^ADHYA PRADESHManaging Director,MP Urja Vikas Nigam Ltd.,Urja Bhawan, Main Road NO.2, Shivaji Nagar, Blropat -462016Tete : 07 55 - 2 556245 ; 25 53 59 5 Fax : 075 5 - Z 556245.Emait : [email protected]; http: //www.mpJenewabte.ore

    ,TMHARASHTRADirector GeneralMaharashtra Energy Devetopment Agency (MED;\)s.No. 191/A, Phasel, 2nd Ftoor, MHADACommerciat comptex, opp. Tridat Nagar, yerawada,Pune - 411 006., Tet:020-26614393, 26614403,26615322 Fax: 020-26615032-Emai[ : [email protected] / [email protected] [email protected]://www.mahaurja.comMANIPURDirectorManipur Renewabte Energy Development Agency (MANIREDA)Department of Science, Technotogysai Road, Takyetpat, lmphat-795001, Tet: o3g5-',L2:"zz6g5; FAX: 91-395-zz493oEmait : [email protected]

    MEGFIALAYADirectorMeghataya Non-conventionat & Rurat Energy Devetopment Agencylowgr Lachaumiere, opp. P&T Dispensary, Near BSF camp ltvtawpat;, shittong - 793 001Tetefax: 0364-537343Email : http: / /mnreda.eov.in

    MIZORAMDirectorZorarn Energy Devetopment Agency (ZEDA)Zuangtui, P.O. Zemabawk, Aizawt, Mizoram - 7ltge17Tet : 0389-2 35O664; 2350664, 2350665, Fax : 23 50156 4 / 2350664,Email : [email protected]

    NAGALANDProject DirectorNagaland Renewabte Energy Devetopment Agencr,r (NREDA)NRSE Cett Rural Devetopment Department, NagaLand secretariat, Kohima, NagatandTelefax 0370-241408

    ODISHAChief Executive Officer;Orissa Renewabte Energy Devetopment AgencyS-59, Mancheswar Industriat Estate, Bhubaneswar - 751 010Tel: 0$7 4-7580660 (O), Fax :2586368Emai[ : http: / /www.oredaorissa.com

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  • ,.PUNJABChief Executive

    160 036382, Fax: 0172-2646394Ovahoo.com, [email protected]. in

    Directorlyliq! Fngrey Devetopment AgencySCO 134-136, Sector 34_AChandigarh - 160 036Tet: 01 72-663392; EpBX 66332g / 663382, Fax: 01.,t2"-25453g^Email : [email protected]. in

    RA"'ASTHAN

    n Limitedur - 302 r?01141-2726028elann

    SIKKIMDirector

    \gency, Ciovernment of Sikkimok - 737 1l l l ,

    TAMIL NADU

    (TEDA)

    TRIPURAChief Executive Officer

    \gencyomptex, West Tripura , Agartata _ 7gg 006B1 -22s900

    UTTAR PRADESHChairman and Director

    lency (NEIDA), U.p.26 010t,772092\9r-up.nic. i in

    1 6Cr \PRAB HU,GSS\5-Sota r \2- New Clrcula r \Ughring\opERATtONAL G u TDEUNs-t- tBhf lng docr

  • UTTMKHANDDirector

    ly.(UREDA) Deveto;:rnent Aqencviq!.{rya; patet Nagal OenriOun'-zqgOOt,0135-2s215s3_; http: / /www. uttara. in /ureda/intro. htmt

    WEST BENGALDirector

    e, Etectronice Comptex, Sector-;575037, 23575347

    D5

    i:j;Hta Division, Prothrapur, porr Btair - 74410s

    CHANDIGARHDi rector (Science &

    .Tech.notogy), Cha ndi garh Ad m i ni strationAdditionat Town Hail. Buildjngl'jm liJOi' S".,or_ 1 7 C, ChandigarhTete: 0172-Z74s5oz (ol; ztiZoga (F;;j"DADRA & NAGAR HAVELIDevelopment and ptanning OfficerAdministration of Dadra a NuguiFruveti, sitvassil, Tet. 0260-642070LAKSHADWEEPExecutive EngineerEtectricity Department, Lakshadweep Administration, Kavaratti - 6g2555Tet. 04896-262363, fax.. ZOZgi{ ve'- nr

    PONDICHERRYProject Director (tREp)Renewabte Energy Agency of ponicherrvNo.10, Second Main Road, Et?lgg Nil; pondicherry _ 11.Tet. 041 3-Zz44Z1s (O), Fax. O+i:_tJiOo 1LADDAIfi.Chairman & Chief Executive Councitor.Ladakh Autonomous

    .f ilt f e.v^e!opr" ni'Co, nc i t ( LAH DC )LEH, Ladakh (J & K Srate) 194 1-0i- - -'

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