MNRE revises off-grid PV benchmark price with immediate effect

MNRE has revised the benchmark price for the remaining period of the financial year 2012-13(upto March 2013). The major change is that the benchmark price is now linked to the size of the system. Earlier, there was only one benchmark price(Rs. 270/Wp for system with battery back-up and Rs. 190/Wp for system without battery) for a system of any size till the maximum limit. The details are given below.

(At this stage, we are not clear if the maximum size of the system eligible for subsidy has been raised to 500 kWp. We are awaiting any circular notifying the increase in upper limit)
The amendment can be downloaded here.
A related amendment that makes makes it mandatory to use Indian made PV modules for off-grid projects to be eligible for subsidy can be downloaded here.
(A presentation on off-grid PV in India, made by RESolve at the Solarcon event this year at Bangalore, can be accessed here).

2 thoughts on “MNRE revises off-grid PV benchmark price with immediate effect”

  1. Dear Mr. Nampoothiri, we are a new company in India and want to know if these benchmark pricing for the 1kWp Off-Grid system defines any specific V.Ah for the battery bank. I am unable to find this anywhere on MNRE’s website.
    Please let us know as we are trying to price our systems accordingly.

Comments are closed.