ANDAMAN & NICOBAR ISLANDS
Collective capacity of all solar systems installed in your region shall not be over 30% of distribution transformer capacity in your region.
CAPEX or RESCO
Half Yearly (Sep & Mar)
Subsidy (Applicable only if user selects consumer type as "Domestic")
70% subsidy on the cost of the solar system from The Ministry of New and Renewable Energy (MNRE) through State Nodal Agency
Financial Assistance ( If user selects consumer type as "Comercial/Industrial")
" *Loans available at a subsidized rate for renewable energy projects under Priority sector lending *Accelerated Depreciation of 40% is allowed on plant and machinery of the solar plant. *"
Financial Assistance ( If user selects consumer type as "Domestic")
"Home Loan Scheme – To install rooftop solar plant, loans can be availed from the bank at a subsidized rate under Home Loan Scheme Priority Sector Lending Scheme – Under this scheme, loan of up to Rs. 10 lakhs to install rooftop solar plant can be availed from the bank. "