Comments

  1. Ajeet Kundan | February 8, 2017 at 6:17 pm

    Very good initiative. Would like to Kw system in my home.

  2. Daljeet Singh mac | February 10, 2017 at 9:54 pm

    Want to know n do work with you

    • MYSUN Operations Team | February 15, 2017 at 12:40 pm

      Hi Daljeet, Thank you for your interest in working with us.Please share your contact details or reach out to us at 0120-4753500.

  3. Pal | February 27, 2017 at 8:29 pm

    Hi,
    Thanks for sharing a detailed information. Only one small query- Is the subsidy offered by MNRE is different from what SECI is offering? Assuming the cost of plant @ 70k per kW, what wull be the final cost after considering all the applicable subsidies? Thanks and warm regards,

    • MYSUN Operations Team | March 15, 2017 at 1:12 pm

      Hello Sir, thank you for your acknowledgement.
      Regarding your query:

      MNRE subsidy is being disbursed through multiple agencies, SECI being one of them and the other being the respective state nodal agencies. You can claim subsidy only through one channel either through SECI or through the concerned state nodal agency & MNRE.
      If claimed through SECI user gets subsidy of 30% of the lowest bid in that particular state and is available only for a limited period. This can only be claimed if the user works with an installer who has been allocated subsidy under the SECI scheme.
      The SECI subsidy provided to customer will be claimed by the developer who has won an allocation under SECI scheme, customer has to pay subsidised amount, subsidy portion of project cost will be claimed by developer directly from SECI. This a limited time and limited capacity scheme and will become unavailable once the allocations are exhausted.

      On the other hand if user claims subsidy through MNRE and state nodal agency, user gets subsidy of 30% of the total project cost, cost of project is capped at Rs 75/ Wp.
      The MNRE subsidy provided, has to be claimed directly from MNRE through developer who are empanelled by MNRE as channel partner. To claim subsidy project has to be first approved by state nodal agency and then forwarded to MNRE. The reimbursement of subsidy takes considerable time (around 6 months) and also depends on the availability of budget.

      So Assuming the cost of Rs 70k per kW,
      If you claim SECI subsidy, subsidy you will get is 30% of lowest bid for your state. For Delhi, the SECI subsidy is Rs.17,100 per kWp.
      So the final amount you have pay at the time of installation will be Rs.52,900 per kWp. This is much easier to avail since there is a scheme open at present and the allocations have not yet been exhausted.

      If you go for the MNRE subsidy, the subidy is 30% of the project cost, i.e. Rs 21,000 per kWp.
      So the final amount you have to pay at the time of installation will be Rs. 70,000 per kWp and then claim the subsidy of Rs 21,000 per kWp from MNRE. However, this will be subject to your project being approved and availability of the relevant budgets.

My Sun Calculator

Estimate your savings in 10 seconds.
Run the MYSUN Solar Calculator Now

Close