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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 . E-mail: icd@nabard.org Website:www.nabard.org

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Ref.No. cSS.4 /Sotar-(B) 201 -12 lCD. o'1'l 1 | 1 9 March 2012

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

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Capital Subsidy Scheme Solar for Lighting and SmallCapacity Systems PV underJawaharlal NehruNational Solar (JNNSM) the Ministryof New Mission of 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 on 12March2012. as 2. There witl not be any change the in Capitat Subsidy/Refinance Scheme for instatlation of Sotar Water Heating Systems advrsed as 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 CAPITAL FOR SUBSIDY SCHEME FORSOLAR LIGHTING SYSTEMS

AND SMALLCAPACITY SYSTEMS PV 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 be closed on 12Marchzo1z. witl as 2. Unit Cost 2.1 OntyModelsapproved MNRE by witt be etigibtefor coverage under the scheme. The models approvedby MNREare indicated in Annexure l. Presently benchmark the cost for SPV system Rs.270 per wp. The banks is are eligibteto financeonty unitsconforming conditions/stiputations the laid down in the model projectsand more specificatty underthe Special Terms andConditions (Annexure & lll). ll 2.2 ln caseunits are financed with cost over and abovethe approved unit cost (benchmark cost),capitalsubsidy be timitedto the maximum witt capitat subsidy ceitingas indicatedin these modlets (i.e. not more than 40%of the Total Financial Outtay).However, cases in 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 deaters approved MNRE not be etigibte by not by witt for coverage underthe scheme (Fortist of marnufacturers visitMNRE ptease website pdf financine-innsm. ). 2.3 Revision UnitCost in Based the prevailing on 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 Thre unit couldbe [ocated urbanor ruralareas. 4. Pattern of Assistance cost)witt be etigibte unit cost (benchmark at of 4.1 Subsidy 40Yo the approved 2.2 as at to surbject etigibitity indicated paragraph above. 4.2 The above subsi{y pattern wilt be the same for al[ categoriesof handicapped, etc.) and (SC/ST, women,smattfarmers,physicatty borrowers of of alsoirrespective the tocation the unit. 5,, Margin marginas per RBInorms., contributes Bilnkshaveto ensurethat beneficiary the wherever sameis qppticabte. 6, Security in mayfollow RBIguidelines this regard. Banks 7. Insurance premiamay Banksshoutdensurethat the units are insured.The insurance Outtay. in alsobe inctuded the Total Financial Institutions 8. Eligibte RuratBanksare etigibteto Banksand Regional Commercial Att Scheduted participate the scheme. in Borrower$ 9. Etigibte groupof individuals, Clubs etc. witt NGO,Farmers' JLGs, SHGs, lndividuats, be etigibte for subtidy. However, Private/PubticLimited Companies/ witl Corporates not be etigibte.

of 10. Release subsidy 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 of instattation the unit, the bankshatlarrange makepayment satisfactory subsidy, bank the After sanction the loaninctuding of directlyto the supplier. format (Annexure in for NABARD capitalsubsidy the specified shallapproach of subsidy subjectto the admissibitity witt and retease lV) NABARD sanction of of the ctaim and avaitabitity fundsfrom Government India. As in the case woutd be credited to the the subsidy Scheme, of other Govt. Sponsored by witt No of Reserve FundAccount" the borrower. interest becharged "subsidy with a minimum witl, component.Subsidy be backended the bankon the subsidy witl the threeyears, borrower before of tockin period 3 years.lf the loanis repaid for not beetigibte subsidy. 11. InterestRate wouldcarrythe rate of interestas per RBI/ by The loansextended the banks banknorms. period 12. Repayment periodwitt be for 5 years. Repayment of 13. Misuiitization subsidy Bank is or ln casethe unit is foundto be incomplete the subsidy misutilised, ln and refundthe sameto NABARD. the to shatlarrange recatlthe subsidy 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 subsidy the format indicatedin AnnexureV. Bankshave to submit the within 3 months from the date of utitization certificate to NABARD of is Atthough the rate of subsidy uniformfor all categories 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 NABARD official Apartfrom CGM, of smoothimptementatior.r the scheme. Vl), the Committeewitl also from MNRE r(State NodatAgency(Annexure Office Regional of SLBGand Chairmen 2-3 RRBs.NABARD includeConvenor, of would convenethe meetingonce in a quarter under the chairmanship wi[[ be reviewedby a At Officer-in-Charge. Nationattevel the programme and Director,NABARD Executive MNRE, of Committeeconsisting Secretary, bank(by rotation). Director a Commercial of Executive 16. Refinance under the Schemewitl be etigibte for refinanceas per Loansdisbursed poticyof NAEARD. refinance

I ANNEXURE to parameters pre-approved Models be financed of 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 H A (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) A 1 2V , 1 2 0 H 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 H A 75 watt load (Tubutar for 4 hrs L.M./Get VRI-A) (300watt

hrs/day) 2 4 V , 7 5 t 8A H 0 (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 2 4 V , 1 0 0 / 1 2 0 A 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 inverter basedsystems or general toads. capable handting of AC

2)

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

3)

4) 5) 6)

Invertershould of quasisinewave/sine be wavetype. PVmodute(s)shaltcontaincrystattine siticon solarcells. PVmodutes mustbe warranted their outputpeakwatt capacity, for which shoutd not be lessthan 90% the end of 10 yearsand 80% the end of at at 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 to give an undertaking has with the invoice(Annexure lll) that the system offeredmeetsthe Technical requirements/ standards contained ANNEXURE-3 in guidetines of the MNRE Ref. 5/2312009 P&C Dated: 16.6.2010 off grid sPV power ptant systems on under Nationat Solar Mission.

ANNEXURE III providerl (Onthe letterheadof the Aqencvl Svstem PROFORMA DECLAMTION THEAGENCY FOR BY PPLYI SU NGTHE OFT.GRI SOLAR D 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) which subsidy being for is claimedhavenot beeninstatted/supptied earlier. A detaited site surveyhas been done/or witt be undertaken identify the to beneficiary beforeactualsuppty andinstatlation takesplace. This is to certify that the various components the SPV of systems witt conform RelevantStandards, mentionedin the Guidetines Off-grid and to the as for Decentratized Solar Applications for SPV modulesand componentsunder J N N SM. Copies the Relevant of lECi BIS Certificates enclosed. are We have compliedwith the terms and conditions stipulatedby the financing / bank / NABARD MNRE under the scheme.We agree to furnish additionat information,if any, required by the bank, NABARD MNRE and when / as requested. Signature Name& Designation of AuthorizedSignatory

provider Address the Agency/System of Seal Place:

Date:

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ANNEXURE V

(Forthe useof financing bankto

submitted the Regional to Officeof NABARD)

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

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

Thisis to certify that the amounq capitalsubsidy received of from NABARD beenfutty has utilised per the termsandconpiticns the project/MNRE/NABARD per the as of andas guidelines the scheme. of

Place:

Date:

Seal& Signature Authorised Signatory of (Financing bank)

10

VI ANNEXURE
State Nodat Agencies : Address PRADESH ANDHRA Ltd' poration of Andhra Pradesh (NEDCAP) - 500001. bad nic'in mail : nedcaP@aP. PRADESH ARUNACHAL Director Agency EnergyDevelopment Pradesh Arunachal Mutg,PostBoxNo' 141' ltanagar-791111 tj;j; Bh.;an Tadarluni http://www'apedaeencv'com t Tet: 0360-211160 zlo6y (dj, rax: 0360-214426 ASSAM Director Deptt' Govt' of Assam) Agency(underscienceand Technotogy AssamEnergyDevetopment

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

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

0
1"L

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 - 160 sCO Sector Chandigarh 019 48, 26, Tet: 0172- 2791917,2790918, 279091 1(o), 2794185 Fax:017z-z7gogzg (R), Emai[ hareda@chd.nic.in nrvw.hareda.sov.in : . hup:i HIMACHAL PMDESH ChiefExecutive, HIMURJA, Comptex, SDA Kasumpti, Shimta-1 71009. Tete:0177-,26203652620371 Fax:0177-2620365 (O) (R) E Mait:himuria@hp. nic.in: http:/ihimuria.nic.in JAMMU ANDKASHMIR ChiefExecutive Officer, Jammu Kashmir ft Energy Development (JAKEDA) Agency 1 2 BC o a d, e h a ri , mmu . R R Ja Tete:O1912546495, 2557725(R), (Fax) 2546495 Dharritla, Bagh, Raj Srinagar, TeteFax:0194-2479791 JHARKHAND Director Jharkhand Renewabte Energy Development Agency - 834002. 328B, Road No.4,Ashok Nagar, Ranchi '2240665, Tet: 0651-2246970 0651 Fax Email,info@jreda.com : ; http://www.ireda.com KARNATAKA Managing Director Karnataka Renewabte Energy Development Agency Ltd. 1 9, Maj. Gen.A. D. Loganadan, cross, INA Road, Bangatore- 052 560 eueen's -ZZZ57 Tete:080- 2287220 23365590(R), Fax- O 2 (O), 08 399, Emai[ drbsmdkred[@vahoo.com //kredt.kar.nic.in : ; http: KERALA Director Agency Non-Conventional for Energy Rural and Technotogy (ANERT), PATTOM o., PBNo. 094,KESAVADASAPURAM, P. 1 Thiruvananthapuram-6 95 oo4. Telefax:0471-24401 ; 74401 24401 (Fax) 2449854 21 22, 24 : http: - Emai[ anert@vsn[.com; //education.vsnt.com

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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, Yerawada, Pune 411006.,Tet:020-26614393,26614403,76615322 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 Science, of Technotogy Takyetpat, lmphat-795001, 0385-2772685; 91-385-224930 Tel: SaiRoad, FAX: Email mtou singh@vahoo.com : MEGHALAYA Director Meghalaya Non-conventional & Rural Energy Devetopment Agency (Mawpat), LowerLachaumiere, P&TDispensary, BSF Opp. Near Camp Shittong793001 Tetefax: 0364-537343 eov.in ; http:/ / mnreda. MIZORAM Director (ZEDA) Development Agency Zoram Energy P.O.Zemabawk, Aizawt, Mizoram 796017 Zuangtui, 2350664,2350665, 2350564 2350664, Tet: 0389-2350664; Fax: | Emait zedaizawi@hotmai[.com : NAGALAND ProjectDirector (NREDA) Renewable Energy Devetopment Nagatand Agency Department, NRSE RuralDevetopment Cett Kohima, Nagatand Nagaland Secretariat, Tetefax0370-241408

oRrssA
Officer, ChiefExecutive Energy Development Orissa Renewabte Agency - 751 Industrial Mancheswar Estate, Bhubaneswar 010 S-59, (O), Tel: 0674-2580660 Fax:2586368http://www.oredaorissa.com :

h
13

PUNJAB ChiefExecutive Punjab Energy Development Agency SCO 134-136, Sector 34-A,Chandigarh160036 Tel: 0172-2663392; EPBX 3ZB 2663382, 2G63 / 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 - 160 Chandigarh 036 Tet: 0172-663392; 663328/663382, 0172-2646384 EPBX Fax: Emai[ peda@qtide.net.in : RAJASTHAN Chairman Managing & Director, Rajasthan Renewable Energy Corporation Limited jaipur - 302001 E-166, Yudhister Marg,'C' Scheme, Tet: 0141-22258982228198 Fax:0141-222602} / (O), Email: rrec-iai@vahoo.co.in / esomanl@datainfosvs.net: http://www.rajenerey.com SIKKIM Director Sikkim Renewabte Energy Devetopment Agency, Government sikkim of D.P.H. Road (Near JantaBhawan), Gangtok 737101, Tet: 0359222659, Fax:03592-72245 Emai[: stq_sreda@sancharnet.in TAMIL NADU Chairman Managing & Director TamilNaduEnergy Devetopment Agency (TEDA) EVK Sampath Buitding, Chennai 600006 Tet: 044-28224832ax: 044-28236592 F Emai[ teda@md4.vsnt. : net.in TRIPURA ChiefExecutive Officer TripuraRenewabte. Energy Devetopment Agency vigyanBhawan, Ftoor, Znd Pandit ilehrucomptex, westTripura Agartata 799006 , -2225900,232-6139 Fax.0381 -ZZS}OO Tet: 0381 (O), Emait tredaaqt@vahoo.co.in : UTTAR PMDESH Chairman Director and Non-conventional Energy Development (NEDA), Agency U.p. VibhutiKhand, GomtiNagar, Lucknow 2?-6 010 TeI: 0522-2720652 Fax:0522-2720779, (O); 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; No.0135-2521553 Fax Emai : aruntvqi [ com @vahoo. ; http:/ /www.uttara.n/ ureda/i i ntro. htmt WEST BENGAL Director WestBengal Renewable Energy Development Agency BikatpaShaktiBhawan, Ptot- J-1 /10, EP & GP Block,Salt Lake, Electronice Comptex, -23575038, 5348(O),Fax2357 Sector- Kotkatta 70009 Tel.033 V, 1, 2357 5037,23575347 Emai[ wbreda@cat.vsnl.net.in //www.wbreda.orq : ; http: ANDAMAN NICOBAR & ISLANDS (NRSE) Executive Engineer Etectricity Department, prothrapur, Bl.air 744 105 port office of the Executive Engineer, NRSE Division, Tet. 031 92-250577 92-250930 , Fax.031 CHANDIGARH (Science Technotogy), Director & Chandigarh Administration Additional TownHattBuitding,Zno Floor,Sector-17 Chandigarh C, (O);2726698 Tete:0172-27 (Fax) 45502 DADRA NAGAR & HAVELI Devetopment Ptanning and Officer Administration Dadra Nagar of & Haveli, Silvassa, 0260-642070 Tet. LAKSHADWEEP Executive Engineer Etectricity Department, Lakshadweep nistration, Admi Kavaratti 682555 -262363, Tet. 04896 Fax.262936 PONDICHERRY (IREP) ProjectDirector Renewabte Energy Agency Ponicherry of - 11. No.10, Second MainRoad, Elango Nagar, Pondicherry (O), Tet. 0413-2244219 Fax.0413-333601 LADDAKH Chairman ChiefExecutive & Councillor, Ladakh Autonomous Devetopment Hi[[ (LAHDC) Council (J LEH, Ladakh e K State)194101

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15