Government of India and various other bodies and institutions offer solar pump subsidy and schemes on solar pumps for irrigation in India. You can take benefit from these subsidies and schemes and can irrigate your fields free of cost for many years. This post briefly explains various solar pump subsidy and solar pump yojana launched by Government of India, various state governments and many other institutions such as NABARD.
This article is third in the solar irrigation series. To read about other two click on the links below:
Solar pump subsidy from various solar pump yojana makes it easier to reap the benefits of solar energy. Irrigation can be done free of cost for many years once a solar pump is installed. It is only one time cost and you have to pay as low as 10% of the total solar plant cost. Rest all gets covered up as solar pump subsidy. By installing and using a solar pump for irrigation, you can increase and expand your income and can also use it for various other needs. To know about solar irrigation, click here.
In most parts of India, you have to depend on natural forces such as rivers, lakes and ponds for irrigation. In other parts, you may depend on rainfall for irrigation as no other sources of water are available nearby. This creates unwanted yield in times of both less or more rainfall. Irrigation through diesel and electric pumps are expensive as you have to pay for both diesel and electricity respectively. All these stats and much more is explained in detail in second part of solar irrigation series. To read about it, click here.
Solar Pump Subsidy
Government of India, state governments and various other institutions provide subsidies under their various schemes or solar pump yojana to help you to install a solar plant in your fields.
A brief about central government schemes and some state schemes is given below.
Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM)
KUSUM scheme is the flagship solar irrigation scheme of Government of India. In this scheme, you have to bear only 10% of the project cost. Out of the rest, 30% will be provided as solar pump subsidy by the central government. Other 30% subsidy will be provided by the state government. So, you’ll get a total subsidy of 60%. The remaining 30% will be financed.
Under this scheme, government wants to transform every existing irrigation pump into a solar pump. The plan begins with installing 17.5 lakh off-grid solar pump units. After this, all grid connected pumps will also be transformed.
Government plans to install twice capacity grid connected solar plants. For example: If you have an existing electricity driven irrigation pump of 5 HP, government will give you solar pump subsidy for 10 HP solar pump. You will sell additional electricity generated to the grid.
NABARD Subsidy Scheme
National Bank for Agriculture and Rural Development offers subsidy for solar plants. In this, you have to pay 20% of the cost of solar plant as an upfront payment. NABARD offers up to 40% solar pump subsidy. For the rest amount NABARD offers loans. You can get these loans at interest rates which depend on RBI guidelines from time to time.
UP Solar Pump Yojana – Pardarshi Kisan Seva Yojna
Uttar Pradesh government has introduced an solar pump subsidy yojana called Pardarshi Kisan Seva Yojna. The government aims to reduce irrigation cost, provide uninterrupted irrigation facilities and save the environment.
In this yojana, solar pump subsidy or grants will be jointly provided by the central government and the state government.
In this yojana, you can receive grants up to approximately 90% of the project cost.
Haryana Solar Pump Subsidy
Government of Haryana has implemented a scheme for installing of solar pumps, in which, your share will be only 10%. Rest will be provided as solar pump subsidy.
The subsidy will jointly be provided by the central government and the state government.
Punjab Solar Pump Subsidy
Punjab government also has a scheme for establishment of solar pumps in the farms for irrigation. The government provides central financial assistance (CFA) of 75% under this scheme.
Mukhyamantri Solar Pump Yojana – Madhya Pradesh
Mukhyamantri Solar Pump Yojana is a solar pump subsidy scheme launched by Government of Madhya Pradesh in congruence with Ministry of New and Renewable Energy, Government of India.
Under this scheme, the state government along with central government will provide solar pump subsidy up to 90% of the total project cost.
Rajasthan Solar Pump Yojana
Rajasthan has also introduced a scheme for solar pump subsidy. In this scheme, Rajasthan government along with central government will provide solar pump subsidy up to 60% of total project cost.
Surya Raitha Scheme – Karnataka
Surya Raitha scheme is a scheme my Government of Karnataka to extend the benefits of solar energy to farmers in the state. Under this scheme, on-grid or grid connected solar pumps will be installed. MNRE subsidy can be availed by farmers along with soft loans from banks. This will increase and diversify your income from your fields.
These were solar pump subsidy schemes of central government and some state governments. Other states, not mentioned here, also provide solar pump subsidy.
With the application of KUSUM scheme, which is a central government flagship scheme, almost everywhere in the country, you will get solar pump subsidy up to 90%.