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NABARD

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NationalBank for Agriculture and Rural Development Department Credit lnvestment

O51 Head Office: BKC,Bandra(E) Mumbai- 4OO TeL : +91 -22-26524926 . Fax'. +91 -22-26530090 . Website:www.nabard.org E-mail: icd@nabard.org

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Chai rman /Managi ng Director Atl Scheduted Commercial Banks Alt Regional Rural Banks Dear Sir

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Capital Subsidy Scheme for Solar Lighting and SmallCapacity PVSystems underJawaharlal NehruNational Solar (JNNSM) Mission of the Ministryof New and Renewable Enerev.Gol We forward herewith a revisedCapitat Subsidy Scheme for Solar Lightingand Sma[[ Capacity PV Systems under

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2012. The eartier schemeof Capitat Subsidy cum Refinance schemewil[ be closed ason 12March2012. 2. There witl not be any change in the Capitat Subsidy/Refinance Scheme for instatlation of Sotar Water Heating Systems as advrsed vide our letter No. NB. |CD.G55 t27M / JNNSM-1 / 2011-12 (CircularNo.245l tCD-45 /2011 dated 1 December 2011\. 3. Ptease acknowledge receipt. Yours faithfutty

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TakingRuralIndia)) Forward
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OPERATIONAL GUIDELI NES

GUIDELINES FORCAPITAL SUBSIDY SCHEME FORSOLAR LIGHTING SYSTEMS

AND SMALLCAPACITY PV SYSTEMS UNDHR JAWAHARLAL NEHRU NATIONAL - MODIFIED SOLAR MISSION SCHEME 1. lmplementation Period The modifiedscheme witt be effectivefrom 15March2012.Loans sanctioned from 15March2012canbe covered underthe scheme.The earlierscheme of capitalsubsidy cum refinance scheme witl be closed ason 12Marchzo1z. 2. Unit Cost 2.1 OntyModelsapproved by MNRE witt be etigibtefor coverage under the scheme. The models approvedby MNREare indicated in Annexure l. Presently the benchmark cost for SPV system is Rs.270 per wp. The banks are eligibteto financeonty unitsconforming the conditions/stiputations laid down in the model projectsand more specificatty underthe Special Terms andConditions (Annexure ll & lll). 2.2 ln caseunits are financed with cost over and abovethe approved unit cost (benchmark cost),capitalsubsidy witt be timitedto the maximum capitat subsidy ceitingas indicatedin these modlets (i.e. not more than 40%of the Total Financial Outtay).However, in cases wherethe actualcost is lessthan the indicativecost of the approved models,the etigibtecapital subsidy witt be 40yoof the actual cost of the pnoject. systems manufacturedby companies/instatted by deaters not approved by MNRE witt not be etigibte for coverage underthe scheme (Fortist of marnufacturers ptease visitMNRE website pdf financine-innsm. ). 2.3 Revision in UnitCost Based on the prevailing cost and feedback received from NABARD, banks and manufacturers, MNRE witt undertakerevisionin the unit cost (benchmark cos;t) from time to time.

3. Locationof the unit in urbanor ruralareas. Thre unit couldbe [ocated 4. Pattern of Assistance cost)witt be etigibte unit cost (benchmark at 40Yo of the approved 4.1 Subsidy 2.2 above. asindicated at paragraph to etigibitity surbject 4.2 The above subsi{y pattern wilt be the same for al[ categoriesof handicapped, etc.) and (SC/ST, women,smattfarmers,physicatty borrowers of the unit. of the tocation alsoirrespective 5,, Margin marginas per RBInorms., contributes Bilnkshaveto ensurethat beneficiary the sameis qppticabte. wherever 6, Security in this regard. mayfollow RBIguidelines Banks 7. Insurance premiamay Banksshoutdensurethat the units are insured.The insurance Outtay. in the Total Financial alsobe inctuded Institutions 8. Eligibte RuratBanksare etigibteto Banksand Regional Commercial Att Scheduted participate in the scheme. Borrower$ 9. Etigibte groupof individuals, Clubs etc. witt NGO,Farmers' JLGs, SHGs, lndividuats, be etigibte for subtidy. However, Private/PubticLimited Companies/ witl not be etigibte. Corporates

of subsidy 10. Release shatt appty to the banksfor sanctionof the 10.1 The etigibte borrowers project. The bank shall appraise the project as per the normsand if found el.igible, sanction the loan excluding the margin subject to technical feasibitity and financial viabitity. Basedon the fietd visit and after

to makepayment of the unit, the bankshatlarrange instattation satisfactory subsidy, the bank After sanction of the loaninctuding directlyto the supplier. format (Annexure in the specified for capitalsubsidy NABARD shallapproach of subsidy subjectto the admissibitity witt sanction and retease lV) NABARD of India. As in the case of fundsfrom Government the ctaim and avaitabitity woutd be credited to the the subsidy Scheme, of other Govt. Sponsored by wittbecharged Nointerest of the borrower. Reserve FundAccount" "subsidy with a minimum witl,be backended component.Subsidy the bankon the subsidy witl the borrower threeyears, before of 3 years.lf the loanis repaid tockin period for subsidy. not beetigibte 11. InterestRate wouldcarrythe rate of interestas per RBI/ by the banks The loansextended banknorms. period 12. Repayment periodwitt be for 5 years. Repayment of subsidy 13. Misuiitization Bank is misutilised, or the subsidy ln casethe unit is foundto be incomplete ln the and refundthe sameto NABARD. to recatlthe subsidy shatlarrange and witt not be etigibtefor subsidy NPAbeneficiary event of loansbecoming witt haveto be refunded. the same

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Certificate 14. Utitisation utitizationcertificatesfor capital Bankshave to submit the consotidated in the format indicatedin AnnexureV. Bankshave to submit the subsidy within 3 months from the date of utitization certificate to NABARD of is uniformfor all categories Atthough the rate of subsidy disbursement. borrowers, banks may maintain data retating to loans disbursedto physicatty etc. handicapped, Community, SC/ST/women/Minority 15. Monitoring for A State Level MonitoringCommitteewitt be constitutedby NABARD and official NABARD Apartfrom CGM, of the scheme. smoothimptementatior.r Vl), the Committeewitl also from MNRE r(State NodatAgency(Annexure Office Regional of 2-3 RRBs.NABARD SLBGand Chairmen includeConvenor, of would convenethe meetingonce in a quarter under the chairmanship wi[[ be reviewedby a At Nationattevel the programme Officer-in-Charge. and Director,NABARD Executive MNRE, of Secretary, Committeeconsisting bank(by rotation). Director of a Commercial Executive 16. Refinance under the Schemewitl be etigibte for refinanceas per Loansdisbursed poticyof NAEARD. refinance

I ANNEXURE to be financed parameters Models of pre-approved Technicaland Financial

capacity Modet Photovottaic Battery modutes/ panets (Wp)
Maximum recommended loadandduty cycte

BenchmarkMax.capital subsidy Cost

(<.)

* etigibte

(<.)
1080

10

12V,7 AH(SMF) 5-7watt load for3to4hrs (20watt hrs/day)

12V, 20 AH

2700

il

18-20

10watt load

4860-5400

2160

(Tubutar for 4 hrs VRI-A) (40watt hrs/day) L.M./Get

ill

37-40

1 2V , 4 0 AH (Tubular L.M. /Get VRLA)

12V, 60 AH (Tubutar L.M.i Get VRLA)

20watt toad for 4 hrs (80watthrsi day)

30 watt load for 4 hrs (120 watt hrs/day)

9990-10800

4320

IV

50

13500

5400

70-80

45 watt load 12V, 80AH (Tubutar for 4 hrs L . M . / G e t V R L A(180 ) watt hrs/day) AH 1 2V , 1 2 0 60 watt toad (Tubutar for 4 hrs L.M./Get VRI-A) (240watt hrs/day)

18900-21 600

8640

VI

100

27000

10800

vtl

125

1 2V , 1 5 0 AH 75 watt load (Tubutar for 4 hrs L.M./Get VRI-A) (300watt

hrs/day) 2 4 V , 7 5 t 8A 0H (Tubular L.M. /GetVRLA) 90 watt load for 4 hrs (360watt hrs/day)

33750

13500

vill

150-160

40500-43200

17280

IX

200-210

120 24V,100/120A H watt toad (Tubutar for 4 hrs L.M./GetVRLA)(480watt hrs/day)

s4000-56700

22680

fr

x @ < 108 per watt of module capacity

ANNEXURE II Special Termsand Conditions

1)

The modetscould be home tightingsystems or inverter basedsystems general capable of handting ACtoads.

2)

Manufacturers to provideCompact Ftuorescent lamps(CFLs) of 9 W/11 W and LED(LightEmitting Diode) for hometighting systems. The batterywill be tead-acid of floodedelectrotyte type, positive tubular plate or gel type VatveRegulated LedAcidand low maintenance.

3)

4) 5) 6)

Invertershould be of quasisinewave/sine wavetype. PVmodute(s)shaltcontaincrystattine siticon solarcells. PVmodutes mustbe warranted for their outputpeakwatt capacity, which shoutd not be lessthan 90% at the end of 10 yearsand 80% at the end of 25 years.

7)

The batance of systems provided must be warranted against any manufacturing/ design/instattation defectsfor a minimumperiod of 5 years.

8)

The manufacturer hasto give an undertaking with the invoice(Annexure lll) that the system offeredmeetsthe Technical requirements/ standards - P&C contained in ANNEXURE-3 guidetines of the MNRE Ref. 5/2312009 Dated: 16.6.2010 on off grid sPV power ptant systems under Nationat Solar Mission.

ANNEXURE III providerl (Onthe letterheadof the Aqencvl Svstem PROFORMA FORDECLAMTION BYTHEAGENCY PPLYI SU NGTHE OFT.GRI D SOLAR APPLICATION SYSTEM It is certified that l/we have read the guidelines issuedby the Ministryvide 5|Z3/2009/P&C dated 16ur June, 2010 and the related provisions/terms and conditions for availing financial support from the Ministry of New and Renewable Energyand l/we agreeto abide by these guidelines and related termsand conditions. l/we confirm that the proposed solar PV system(s) for which subsidy is being claimedhavenot beeninstatted/supptied earlier. A detaited site surveyhas been done/or witt be undertaken to identify the beneficiary beforeactualsuppty andinstatlation takesplace. This is to certify that the various components of the SPV systems witt conform Relevant Standards, to the as mentionedin the Guidetines for Off-grid and Decentratized Solar Applications for SPV modulesand componentsunder J N N SM. Copies of the Relevant lECi BIS Certificates are enclosed. We have compliedwith the terms and conditions stipulatedby the financing / MNRE bank / NABARD under the scheme.We agree to furnish additionat information,if any, required by the bank, NABARD / MNRE as and when requested. Signature Name& Designation of AuthorizedSignatory

provider Address of the Agency/System Seal Place:

Date:

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ANNEXURE V

(Forthe useof financing bankto

submitted to the Regional Officeof NABARD)

CAPITAL SUBSI SCHEME FORSOLAR LIGHTING SYSTEMS ANDSMALL ACITYPV SYSTEMS UNDER JNNSI{

1. Name of the Bank: (Date& Amount) : Units: Date: 2. Subsidy received from NABARQ 3. Subsidy utitised: Units: ( Amount: Amount: {

Thisis to certify that the amounq received of capitalsubsidy from NABARD hasbeenfutty utilised asper the termsandconpiticns of the project/MNRE/NABARD andasper the guidelines of the scheme.

Place:

Date:

Seal& Signature Signatory of Authorised (Financing bank)

10

VI ANNEXURE
State Nodat Agencies : Address PRADESH ANDHRA Ltd' poration of Andhra Pradesh (NEDCAP) bad 500001. nic'in mail : nedcaP@aP. PRADESH ARUNACHAL Director Agency EnergyDevelopment Pradesh Arunachal No' 141' ltanagar-791111 Box Post Mutg, tj;j; Bh.;an Tadarluni http://www'apedaeencv'com 0360-214426 rax: (dj, t zlo6y Tet: 0360-211160 ASSAM Director Deptt' Govt' of Assam) Agency(underscienceand Technotogy AssamEnergyDevetopment

Guwahati-781005 G SRoad, Building, t'teaitoet BGt;" enu';un, Com -2464617, E maitaeda@india' 61 -246461g, Faii'1o.03 ZiO+OZl, TeLe:0361
org samrenewable' as Http://www.

BIHAR Director Agency Devetopment Energy BiharRenewabte P4lu - 800001' Marg, Patet Bhawai,Virchand iriitoot, Sone Email: dir-breda@sancharnet'in Tet: 061z-zzp57[,zils+gl (R);Fax:0612-1278734, c[-lHAfilsGARH 'ive officer (CREDA) AgencY opment arh) ZZiltOl, E-mait; vivekdhand@ce'nic'in

hfip ://www.credac g.com

Director Agency Development Energy StateRenewabte Chhattisgarh Raipur Nagar, 1, Shankar Sector MIG/A-20l1 (Fax) -2426446;5022050 (R); 5066770 Tet:0771 / credacq@Vahoomai[.com /'credaceerediffmait.com : creda@epatia.com Emait GOA Secretary Member Agency DeveloPment GoaEnergY Goa- 403511 Bardez, Satigao, Opp.Seminary, Ptateau, Satigo Ftoor, 1't Buitding, DST&E T e |. 7 7 1 1 9 4

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GUJARAT Director G-rljarat Energy Development (GEDA) Agency 4'nFloor, Btock 12, & udyog bhawan,sector-11, Gandhi Nagar-3g2017, Gujarat \o.11 Te,teL079)-23747086/89.;Fax: Z3Z47O9O, E.mait: llfo@eida.orq.in, qeda.orq.tn nrtp: / / www. HARYANA Director, Haryana Renewal Energy Development (HAREDA) Agency - 160019 sCO 48, Sector 26,Chandigarh Tet: 0172- 2791917,2790918, 279091 1(o), 2794185 (R),Fax:017z-z7gogzg Emai[ : hareda@chd.nic.in . hup:inrvw.hareda.sov.in HIMACHAL PMDESH ChiefExecutive, HIMURJA, SDA Comptex, Kasumpti, Shimta-1 71009. Tete:0177-,2620365 (O)2620371 (R)Fax:0177-2620365 E Mait:himuria@hp. nic.in: http:/ihimuria.nic.in JAMMU ANDKASHMIR ChiefExecutive Officer, Jammu ft Kashmir Energy Development (JAKEDA) Agency 1 2 BC R o a d, R e h a ri , mmu . Ja - 2546495, Tete:O191 2557725(R), (Fax) 2546495 Dharritla, RajBagh, Srinagar, TeteFax:0194-2479791 JHARKHAND Director Jharkhand Renewabte Energy Development Agency 328B, Road No.4,Ashok Nagar, Ranchi 834002. '2240665, Tet: 0651-2246970 Fax0651 Email, : info@jreda.com ; http://www.ireda.com KARNATAKA Managing Director Karnataka Renewabte Energy Development Agency Ltd. 1 9, Maj. Gen.A. D. Loganadan, INAcross, Road, Bangatore560052 eueen's -ZZZ57 Tete:08022287220 (O),23365590(R), Fax08 O 399, Emai[ : drbsmdkred[@vahoo.com ; http://kredt.kar.nic.in KERALA Director Agency for Non-Conventional Energy andRural Technotogy (ANERT), PATTOM P.o., PBNo. 1094,KESAVADASAPURAM, Thiruvananthapuram-6 95 oo4. Telefax:0471-24401 21; 74401 22, 24401 24 (Fax) 2449854 : anert@vsn[.com; http://education.vsnt.com - Emai[

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PMDESH MADHYA Managing Director, Vikas Ltd., MPUrja Nigam -462016 MainRoad NO.2, Urja Bhawan, Shivaji Nagar, Bhopal Tele: 0755-2556745; 2553595 Fax: 0755-2556745, Emai[ : mpuvn@sancharnet.in; http:/ /www.mprenewabte.ore MAHARASHTRA Director General (MEDA) Energy Devetopment Agency Maharashtra S.No. 191/A, Phasel, 2ndFloor, MHADA Commercial Comptex, Opp. Tridat Nagar, - 411006.,Tet:020-26614393,26614403,76615322 Yerawada, Pune Fax:020-25615032 / mahaqriamumbai@vahoo.com Email : meda@vsnt.com dq.meda@nic.in
Http ://www.mahaurja.com

MANIPUR Director Energy (MANIREDA) Renewable Devetopment Manipur Agency Department of Science, Technotogy Takyetpat, lmphat-795001, Tel: 0385-2772685; SaiRoad, FAX: 91-385-224930 Email : mtou singh@vahoo.com MEGHALAYA Director Meghalaya Non-conventional & Rural Energy Devetopment Agency - 793001 (Mawpat), LowerLachaumiere, Opp.P&TDispensary, NearBSF Camp Shittong Tetefax: 0364-537343 eov.in ; http:/ / mnreda. MIZORAM Director (ZEDA) Development Agency Zoram Energy - 796017 P.O.Zemabawk, Aizawt, Mizoram Zuangtui, 2350664,2350665, Tet: 0389-2350664; Fax:2350564 | 2350664, Emait : zedaizawi@hotmai[.com NAGALAND ProjectDirector (NREDA) Renewable Energy Devetopment Nagatand Agency Department, NRSE CettRuralDevetopment Kohima, Nagatand Nagaland Secretariat, Tetefax0370-241408

oRrssA
Officer, ChiefExecutive Energy Development Orissa Renewabte Agency - 751010 Industrial Mancheswar Estate, Bhubaneswar S-59, (O), Fax:2586368 Tel: 0674-2580660 : http://www.oredaorissa.com

h
13

PUNJAB ChiefExecutive Punjab Energy Development Agency - 160036 SCO 134-136, Sector 34-A,Chandigarh Tel: 0172-2663392; EPBX 2G63 3ZB / 2663382, Fax: 0172-2646384 Emai[ : peda@etide. net.in/ mpsineh66@vahoo.com, peda_spa@vahoo.co.in Director Punjab Energy Development Agency SCO 134-136, Sector 34-A - 160036 Chandigarh Tet: 0172-663392; EPBX 663328/663382, Fax:0172-2646384 Emai[ : peda@qtide.net.in RAJASTHAN Chairman & Managing Director, Rajasthan Renewable Energy Corporation Limited jaipur - 302001 E-166, Yudhister Marg,'C' Scheme, Tet: 0141-2225898 / 2228198 (O), Fax:0141-222602} Email: rrec-iai@vahoo.co.in / esomanl@datainfosvs.net: http://www.rajenerey.com SIKKIM Director Sikkim Renewabte Energy Devetopment Agency, Government of sikkim - 737101, D.P.H. Road (Near JantaBhawan), Gangtok Tet: 0359222659, Fax:03592-72245 Emai[: stq_sreda@sancharnet.in TAMIL NADU Chairman & Managing Director TamilNaduEnergy Devetopment Agency (TEDA) - 600006 EVK Sampath Buitding, Chennai Tet: 044-28224832 Fax: 044-28236592 Emai[ : teda@md4.vsnt. net.in TRIPURA ChiefExecutive Officer TripuraRenewabte. Energy Devetopment Agency vigyanBhawan, - 799006 Znd Ftoor, Pandit ilehrucomptex, westTripura , Agartata -2225900,232-6139 -ZZS}OO Tet: 0381 (O), Fax.0381 Emait : tredaaqt@vahoo.co.in UTTAR PMDESH Chairman andDirector Non-conventional Energy Development (NEDA), Agency U.p. - 2?-6 VibhutiKhand, GomtiNagar, Lucknow 010 TeI: 0522-2720652 (O); Fax:0522-2720779, Z7Z08Z9 Emait : nedaup@dataone.in ; http://neda.up.nic.in

4
1.4

UTTMKHAND Director Uttrakhand Renewabte Energy (UREDA) Devetopment Agency Energy ParkCampus, Industria[ Area,PatelNagar, Dehradun-24g001 Tele:0135-2710560; FaxNo.0135-2521553 Emai [ : aruntvqi com; http:/ /www.uttara. @vahoo. i n/ ureda/i ntro. htmt WEST BENGAL Director WestBengal Renewable Energy Development Agency BikatpaShaktiBhawan, Ptot- J-1 /10, EP & GP Block,Salt Lake, Electronice Comptex, - 70009 -23575038, SectorV, Kotkatta 1, Tel.033 2357 5348(O),Fax2357 5037,23575347 Emai[ : wbreda@cat.vsnl.net.in ; http://www.wbreda.orq ANDAMAN & NICOBAR ISLANDS (NRSE) Executive Engineer Etectricity Department, prothrapur, port Bl.air - 744 105 office of the Executive Engineer, NRSE Division, Tet. 031 92-250577 92-250930 , Fax.031 CHANDIGARH (Science Director & Technotogy), Chandigarh Administration Additional TownHattBuitding,Zno Floor,Sector-17 C, Chandigarh (O);2726698 Tete:0172-27 (Fax) 45502 DADRA & NAGAR HAVELI Devetopment andPtanning Officer Administration of Dadra & Nagar Haveli, Silvassa, Tet.0260-642070 LAKSHADWEEP Executive Engineer - 682555 Etectricity Department, Lakshadweep Admi nistration, Kavaratti -262363, Tet. 04896 Fax.262936 PONDICHERRY (IREP) ProjectDirector Renewabte Energy Agency of Ponicherry - 11. No.10, Second MainRoad, Elango Nagar, Pondicherry (O),Fax.0413-333601 Tet. 0413-2244219 LADDAKH Chairman & ChiefExecutive Councillor, Ladakh Autonomous Hi[[Devetopment (LAHDC) Council (J e K State)194101 LEH, Ladakh

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15