Best Solar Panels In India

Solar Policy For Bihar

APPLICABLE POLICIES

NET METERING

Capacity

  • Min 1 kWp
  • Max 1 MWp

Conditions:

  • <= 100% of your Sanctioned Load
  • Cumulative capacity of all solar systems installed in your area shall not exceed 15% of distribution transformer capacity in your area.

Ownership options

  • Self ownership (CAPEX model)
  • Third party ownership (RESCO model)

Billing Mechanism

  • Annual (April to March)

Others

  • Exemption from wheeling charges and cross subsidy surcharge
  • If the electricity generated exceeds 90% of the electricity consumed at the end of the settlement period, no payment shall be made by the distribution licensee and shall not be carried forward to next settlement period
  • 100% banking of energy permitted during all 12 months for renewable energy projects.

SUBSIDY

  • Subsidy Applicable as per SECI guidelines.

LOAN AVAILABILITY

  • Loan for solar as a part of home loan/home improvement loan
  • Loan upto Rs. 10 lacs available for individuals under Priority sector lending

Bihar Solar Policy and it's Solar Highlights

Bihar is the third most populated state in India and is located in the eastern part of the country. While the state has made significant progress towards development, it still is considered to be lagging behind some of the other more glamorous states in the country when it comes to socio-economic development. Bihar has a total commissioned solar power of about 95.91 MW, with 90.81MW being added just in the last one year. This clearly reiterates the commitment towards going solar for the state. In fact, Dharnai, a village with 2400 people, 450 homes and 50 commercial establishments in Bihar became the first fully solar powered village in India in 2015. Dharnai has since become an inspiration to several other villages in the country, which still do not have access to power 24x7. Given the dense population of the state, and lack of available land, rooftop solar is the perfect solution for the state of Bihar. In the past, Bihar Renewable Energy Development Agency or BREDA has run several subsidy lead programs to ensure that people are encouraged to go solar, the falling prices of solar ensure that by 2017, even without subsidy, going rooftop solar makes a lot of financial as well as environmental sense.

NET METERING

Capacity

  • Min 1 kWp
  • Max 1 MWp

Conditions:

  • <= 100% of your Sanctioned Load
  • Cumulative capacity of all solar systems installed in your area shall not exceed 15% of distribution transformer capacity in your area.

Ownership options

  • Self ownership (CAPEX model)
  • Third party ownership (RESCO model)

Billing Mechanism

  • Annual (April to March)

Others

  • Exemption from wheeling charges and cross subsidy surcharge
  • Electricity generated by the rooftop solar system shall not be more than 90% of the electricity consumption at the end of the settlement period.

FINANCIAL ASSISTANCE

  • 40% Accelerated Depreciation
  • 10 year Tax holiday on solar projects
  • Loans available for up to Rs.15 Crore for renewable energy projects under Priority sector lending

Bihar Solar Policy and it's Solar Highlights

Bihar is the third most populated state in India and is located in the eastern part of the country. While the state has made significant progress towards development, it still is considered to be lagging behind some of the other more glamorous states in the country when it comes to socio-economic development. Bihar has a total commissioned solar power of about 95.91 MW, with 90.81MW being added just in the last one year. This clearly reiterates the commitment towards going solar for the state. In fact, Dharnai, a village with 2400 people, 450 homes and 50 commercial establishments in Bihar became the first fully solar powered village in India in 2015. Dharnai has since become an inspiration to several other villages in the country, which still do not have access to power 24x7. Given the dense population of the state, and lack of available land, rooftop solar is the perfect solution for the state of Bihar. In the past, Bihar Renewable Energy Development Agency or BREDA has run several subsidy lead programs to ensure that people are encouraged to go solar, the falling prices of solar ensure that by 2017, even without subsidy, going rooftop solar makes a lot of financial as well as environmental sense.

NET METERING

Capacity

  • Min 1 kWp
  • Max 1 MWp

Conditions:

  • <= 100% of your Sanctioned Load
  • Cumulative capacity of all solar systems installed in your area shall not exceed 15% of distribution transformer capacity in your area.

Ownership options

  • Self ownership (CAPEX model)
  • Third party ownership (RESCO model)

Settlement period

  • Annual (April to March)

Others

  • Exemption from wheeling charges and cross subsidy surcharge
  • Electricity generated by the rooftop solar system shall not be more than 90% of the electricity consumption at the end of the settlement period.

FINANCIAL ASSISTANCE

  • 40% Accelerated Depreciation
  • 10 year Tax holiday on solar projects
  • Loans available for up to Rs.15 Crore for renewable energy projects under Priority sector lending

Bihar Solar Policy and it's Solar Highlights

Bihar is the third most populated state in India and is located in the eastern part of the country. While the state has made significant progress towards development, it still is considered to be lagging behind some of the other more glamorous states in the country when it comes to socio-economic development. Bihar has a total commissioned solar power of about 95.91 MW, with 90.81MW being added just in the last one year. This clearly reiterates the commitment towards going solar for the state. In fact, Dharnai, a village with 2400 people, 450 homes and 50 commercial establishments in Bihar became the first fully solar powered village in India in 2015. Dharnai has since become an inspiration to several other villages in the country, which still do not have access to power 24x7. Given the dense population of the state, and lack of available land, rooftop solar is the perfect solution for the state of Bihar. In the past, Bihar Renewable Energy Development Agency or BREDA has run several subsidy lead programs to ensure that people are encouraged to go solar, the falling prices of solar ensure that by 2017, even without subsidy, going rooftop solar makes a lot of financial as well as environmental sense.