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2012. The eartier scheme of CapitatSubsidy cum Refinance scheme wil[ beclosed as on 12 March 2012.

2. There witl not be any change in theCapitat Subsidy/Refinance Scheme forinstatlation of Sotar Water HeatingSystems as advrsed vide our letter No.NB. |CD.G55 t27M / JNNSM-1 / 2011-12(Circular No.245l tCD-45 /2011 dated 1December 2011\.

3. Ptease acknowledge receipt.

Yours faithfutty

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{-ta , icd@nabard.org . ffi?: www.nabard.org

d. {r$.fi:nfr/.4o77 Ifr /20rr-r2

9 ql 2012

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(J.G. Menon)Chief General Manager

Enct : As above

qffiur qrrd >> qdqFc aTIiTaking Rural India )) Forward

National Bank for Agricultureand Rural Development

lnvestment Credit Department

Head Office : BKC, Bandra (E) Mumbai - 4OO O51TeL : +91 -22-2652 4926 . Fax'. +91 -22-2653 0090E-mail : icd@nabard.org . Website: www.nabard.org

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

9 March 2012

circutar No.,"5* t tco-csilotz

Chai rman /Managi ng Di rectorAtl Scheduted Commercial BanksAlt Regional Rural Banks

Dear Sir

Capital Subsidy Scheme for SolarLighting and Small Capacity PV Systemsunder Jawaharlal Nehru National SolarMission (JNNSM) of the Ministry of Newand Renewable Enerev. Gol

We forward herewith a revised CapitatSubsidy Scheme for Solar Lighting andSma[[ Capacity PV Systems under

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eco friendly paper

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OPERATIONAL GUIDELI NES

GUIDELINES FOR CAPITAL SUBSIDY SCHEME FOR SOLAR LIGHTING SYSTEMSAND SMALL CAPACITY PV SYSTEMS UNDHR JAWAHARLAL NEHRU NATIONAL

SOLAR MISSION - MODIFIED SCHEME

1. lmplementation Period

The modified scheme witt be effective from 15 March 2012. Loans sanctioned

from 15 March 2012 can be covered under the scheme. The earlier scheme of

capital subsidy cum refinance scheme witl be closed as on 12 March zo1z.

2. Unit Cost

2.1 Onty Models approved by MNRE witt be etigibte for coverage under the

scheme. The models approved by MNRE are indicated in Annexure l.

Presently the benchmark cost for SPV system is Rs. 270 per wp. The banks

are eligibte to finance onty units conforming the conditions/stiputations laid

down in the model projects and more specificatty under the Special Terms

and Conditions (Annexure l l & l l l).

2.2 ln case units are financed with cost over and above the approved unit

cost (benchmark cost), capital subsidy witt be timited to the maximum capitat

subsidy ceiting as indicated in these modlets (i.e. not more than 40% of the

Total Financial Outtay). However, in cases where the actual cost is less than

the indicative cost of the approved models, the etigibte capital subsidy witt

be 40yo of the actual cost of the pnoject. systems manufactured by

companies/instatted by deaters not approved by MNRE witt not be etigibte for

coverage under the scheme (For tist of marnufacturers ptease visit MNRE website

financine-innsm. pdf ).

2.3 Revision in Unit Cost

Based on the prevailing cost and feedback received from NABARD, banks andmanufacturers, MNRE witt undertake revision in the unit cost (benchmark

cos;t) from time to time.

4

3. Location of the unit

Thre unit could be [ocated in urban or rural areas.

4. Pattern of Assistance

4.1 Subsidy at 40Yo of the approved unit cost (benchmark cost) witt be etigibte

surbject to etigibitity as indicated at paragraph 2.2 above.

4.2 The above subsi{y pattern wilt be the same for al[ categories of

borrowers (SC/ST, women, smatt farmers, physicatty handicapped, etc.) and

also irrespective of the tocation of the unit.

5,, Margin

Bilnks have to ensure that beneficiary contributes margin as per RBI norms.,

wherever the same is qppticabte.

6, Security

Banks may follow RBI guidelines in this regard.

7. Insurance

Banks shoutd ensure that the units are insured. The insurance premia may

also be inctuded in the Total Financial Outtay.

8. Eligibte Institutions

Att Scheduted Commercial Banks and Regional Rurat Banks are etigibte to

participate in the scheme.

9. Etigibte Borrower$

lndividuats, group of individuals, SHGs, JLGs, NGO, Farmers' Clubs etc. witt

be etigibte for subtidy. However, Private/Pubtic Limited Companies/

Corporates witl not be etigibte.

I 2

10. Release of subsidy

10.1 The etigibte borrowers shatt appty to the banks for sanction of the

project. The bank shall appraise the project as per the norms and if found

el.igible, sanction the loan excluding the margin subject to technical

feasibitity and financial viabitity. Based on the fietd visit and after

satisfactory instattation of the unit, the bank shatl arrange to make payment

directly to the supplier. After sanction of the loan inctuding subsidy, the bank

shall approach NABARD for capital subsidy in the specified format (Annexure

lV) NABARD witt sanction and retease subsidy subject to the admissibitity of

the ctaim and avaitabitity of funds from Government of India. As in the case

of other Govt. Sponsored Scheme, the subsidy woutd be credited to the

"subsidy Reserve Fund Account" of the borrower. No interest witt be charged by

the bank on the subsidy component. Subsidy witl, be back ended with a minimum

tock in period of 3 years. lf the loan is repaid before three years, the borrower witl

not be etigibte for subsidy.

11. Interest Rate

The loans extended by the banks would carry the rate of interest as per RBI /

bank norms.

12. Repayment period

Repayment period witt be for 5 years.

13. Misuiitization of subsidy

ln case the unit is found to be incomplete or the subsidy is misuti l ised, Bank

shatl arrange to recatl the subsidy and refund the same to NABARD. ln the

event of loans becoming NPA beneficiary witt not be etigibte for subsidy and

the same witt have to be refunded.

f, 3

1 4. Utitisation Certificate

Banks have to submit the consotidated utitization certificates for capital

subsidy in the format indicated in Annexure V. Banks have to submit the

utitization certificate to NABARD within 3 months from the date of

disbursement. Atthough the rate of subsidy is uniform for all categories of

borrowers, banks may maintain data retating to loans disbursed to

SC/ST/women/Minority Community, physicatty handicapped, etc.

15. Monitoring

A State Level Monitoring Committee witt be constituted by NABARD for

smooth imptementatior.r of the scheme. Apart from CGM, NABARD and official

from MNRE r(State Nodat Agency (Annexure Vl), the Committee witl also

include Convenor, SLBG and Chairmen of 2-3 RRBs. NABARD Regional Office

would convene the meeting once in a quarter under the chairmanship of

Officer-in-Charge. At Nationat tevel the programme wi[[ be reviewed by a

Committee consisting of Secretary, MNRE, Executive Director, NABARD and

Executive Director of a Commercial bank (by rotation).

16. Refinance

Loans disbursed under the Scheme witl be etigibte for refinance as per

refinance poticy of NAEARD.

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ANNEXURE I

Technical and Financial parameters of pre-approved Models to be financed

x @ < 108 per watt of module capacity

Modet Photovottaicmodutes/

panets (Wp)

Battery capacity Maximumrecommendedload and duty

cycte

BenchmarkCost(<.)

Max. capitalsubsidy

etigibte *

(<.)

1 0 12V,7 AH (SMF) 5-7 watt loadf o r 3 t o 4 h r s(20 watt hrs/day)

2700 1 080

il 1 8-20 12 V, 20 AH(TubutarL.M./Get VRI-A)

10 watt loadfor 4 hrs(40 watt hrs/day)

4860-5400 2160

ill 37-40 12 V ,40 AH(TubularL.M. /Get VRLA)

20 watt toadfor 4 hrs(80 watt hrsi day)

9990-10800 4320

IV 50 12 V, 60 AH(TubutarL.M. i Get VRLA)

30 watt loadfor 4 hrs(120 watthrs/day)

1 3500 5400

V 70-80 12 V, 80 AH(TubutarL.M. /GetVRLA)

45 watt loadfor 4 hrs(180 watthrs/day)

1 8900-21 600 8640

VI 100 12 V, 120 AH(TubutarL.M./Get VRI-A)

60 watt toadfor 4 hrs(240 watthrs/day)

27000 10800

vtl 125 12 V, 150 AH(TubutarL.M./Get VRI-A)

75 watt loadfor 4 hrs(300 watthrs/day)

33750 1 3500

vill 150-160 24V,75t80 AH(TubularL.M. /Get VRLA)

90 watt loadfor 4 hrs(360 watthrs/day)

40500-43200 17280

IX 200-210 2 4 V , 1 0 0 / 1 2 0 A H(TubutarL.M./GetVRLA)

120 watt toadfor 4 hrs(480 watthrs/day)

s4000-56700 22680

1 )

2)

3 )

4)

5 )

6)

ANNEXURE II

Special Terms and Conditions

The modets could be home tighting systems or inverter based systems

capable of handting general AC toads.

Manufacturers to provide Compact Ftuorescent lamps (CFLs) of 9 W/11 W

and LED (Light Emitting Diode) for home tighting systems.

The battery will be tead-acid of flooded electrotyte type, positive tubular

plate or gel type Vatve Regulated Led Acid and low maintenance.

Inverter should be of quasi sine wave/sine wave type.

PV modute (s) shalt contain crystattine siticon solar cells.

PV modutes must be warranted for their output peak watt capacity, which

shoutd not be less than 90% at the end of 10 years and 80% at the end of

25 years.

7) The batance of systems provided must be warranted against any

manufacturing/ design/ instattation defects for a minimum period of 5years.

8) The manufacturer has to give an undertaking with the invoice (Annexure

lll) that the system offered meets the Technical requirements/ standards

contained in ANNEXURE-3 of the MNRE guidetines Ref. 5/2312009 - P&CDated: 16.6.2010 on off grid sPV power ptant systems under Nationat

Solar Mission.I

ANNEXURE III

(On the letterhead of the Aqencvl Svstem providerl

PROFORMA FOR DECLAMTION BY THE AGENCYSU PPLYI NGTHE OFT.GRI D SOLAR APPLICATION SYSTEM

It is certified that l/we have read the guidelines issued by the Ministry vide5|Z3/2009/P&C dated 16ur June, 2010 and the related provisions/terms andconditions for availing financial support from the Ministry of New andRenewable Energy and l/we agree to abide by these guidelines and relatedterms and conditions.

l/we confirm that the proposed solar PV system(s) for which subsidy is beingclaimed have not been instatted/supptied earlier.

A detaited site survey has been done/or witt be undertaken to identify thebeneficiary before actual suppty and instatlation takes place.

This is to certify that the various components of the SPV systems witt conformto the Relevant Standards, as mentioned in the Guidetines for Off-grid andDecentratized Solar Applications for SPV modules and components underJNNSM.

Copies of the Relevant lECi BIS Certificates are enclosed.

We have complied with the terms and conditions stipulated by the financingbank / NABARD / MNRE under the scheme. We agree to furnish additionatinformation, if any, required by the bank, NABARD / MNRE as and whenrequested.

SignatureName & Designation ofAuthorized Signatory

Address of the Agency/System provider

Seal

Place:

Date:I

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(For the use of financing bank to submitted to the Regional Office of NABARD)

CAPITAL SUBSI SCHEME FOR SOLAR LIGHTING SYSTEMSAND SMALL ACITY PV SYSTEMS UNDER JNNSI{

1. Name of the Bank:

2. Subsidy received from NABARQ (Date & Amount) : Units: Date:

3. Subsidy utitised: Units: Amount: (

ANNEXURE V

Amount: {

( )

Seal & Signature of Authorised Signatory(Financing bank)

This is to certify that the amounq of capital subsidy received from NABARD has been futty

utilised as per the terms and conpiticns of the project/MNRE/NABARD and as per theguidelines of the scheme.

Place:

Date:

t

10

State Nodat Agencies : Address

ANDHRA PRADESH

poration of Andhra Pradesh (NEDCAP) Ltd'

bad - 500 001.mail : nedcaP@aP. nic' in

ARUNACHAL PRADESHDirectorArunachal Pradesh Energy Development Agency

tj; j ; Bh.;an Tadarluni Mutg, Post Box No' 141' l tanagar-791111

Tet: 0360-211160 t zlo6y (dj, rax: 0360-214426 http://www'apedaeencv'com

ASSAMDirectorAssam Energy Devetopment Agency (under science and Technotogy Deptt' Govt' of Assam)

BGt;" enu';un, t'teaitoet Building, G S Road, Guwahati-781005TeLe:0361 -246461g, ZiO+OZl, Faii'1o.03 61 -2464617, E mait aeda@india' Com

Http : //www. as samrenewable' or g

BIHARDirectorBihar Renewabte Energy Devetopment Agencyiriitoot, Sone Bhawai, Virchand Patet Marg, P4lu - 800 001'

Tet: 061 z-zzp57[,zils+gl (R); Fax: 0612-1278734, Email : dir-breda@sancharnet'in

c[-lHAfilsGARH 'ive officeropment AgencY (CREDA)arh)ZZiltOl, E-mait; vivekdhand@ce'nic'in

hfip : //www.credac g. com

DirectorChhattisgarh State Renewabte Energy Development Agency

MIG/A-20l1 Sector 1, Shankar Nagar, RaipurTet:0771 -2426446;5022050 (R); 5066770 (Fax)Emait : creda@epatia.com /'credaceerediffmait.com / credacq@Vahoomai[.com

GOAMember SecretaryGoa EnergY DeveloPment AgencyDST&E Buitding, 1't Ftoor, Satigo Ptateau,Te|.771194

ANNEXURE VI

Opp. Seminary, Satigao, Bardez, Goa - 403511

0

1"L

GUJARATDirectorG-rljarat Energy Development Agency (GEDA)4'n Floor, Btock \o.11 & 12, udyog bhawan,sector-11, Gandhi Nagar-3g2017, GujaratTe,teL079)-23747086/89.; Fax: Z3Z47O9O, E.mait: llfo@eida.orq.in,nrtp: / / www. qeda.orq.tn

HARYANADi rector,Haryana Renewal Energy Development Agency (HAREDA)sCO 48, Sector 26, Chandigarh - 160 019Tet: 01 72- 2791917,2790918, 279091 1 (o), 2794185 (R), Fax: 01 7z-z7gogzgEmai[ : hareda@chd.nic.in . hup:i nrvw.hareda.sov.in

HIMACHAL PMDESHChief Executive,HIMURJA, SDA Comptex, Kasumpti, Shimta-1 71009.Tete:0177-,2620365 (O) 2620371 (R) Fax: 0177-2620365E Mait: himuria@hp. nic.in : http:/ihimuria.nic.in

JAMMU AND KASHMIRChief Executive Officer,Jammu ft Kashmir Energy Development Agency (JAKEDA)12BC Road, Rehar i , Jammu.Tete:O191 - 2546495, 2557725(R), 2546495 (Fax)Dharritla, Raj Bagh, Srinagar, Tete Fax: 0194-2479791

JHARKHANDDirectorJharkhand Renewabte Energy Development Agency328 B, Road No.4, Ashok Nagar, Ranchi - 834 002.Tet: 0651-2246970 Fax 0651 '2240665, Email, : info@jreda.com ; http://www.ireda.com

KARNATAKAManaging DirectorKarnataka Renewabte Energy Development Agency Ltd.1 9, Maj. Gen. A. D. Loganadan, INA cross, eueen's Road, Bangatore- 560 052Te te : 080- 2 2287220 (O), 2 3 3 6 5 590 ( R), Fax- 08 O -ZZZ57 399,Emai[ : drbsmdkred[@vahoo.com ; http: //kredt.kar.nic.in

KERALADirectorAgency for Non-Conventional Energy and Rural Technotogy (ANERT),PATTOM P. o., PB No. 1 094, KESAVADASAPURAM, Thiruvananthapuram-6 95 oo4.Te lef ax : 047 1 -24401 21 ; 74401 22, 24401 24 (F ax) 2449854

- Emai[ : anert@vsn[.com; http: //education.vsnt.comfl{

L2

MADHYA PMDESHManaging Director,MP Urja Vikas Nigam Ltd.,Urja Bhawan, Main Road NO.2, Shivaji Nagar, Bhopal -462016Tele: 0755-2556745; 2553595 Fax: 0755-2556745, Emai[ : mpuvn@sancharnet.in;http: / /www. mprenewabte.ore

MAHARASHTRADirector GeneralMaharashtra Energy Devetopment Agency (MEDA)S.No. 191/A, Phasel, 2nd Floor, MHADA Commercial Comptex, Opp. Tridat Nagar,Yerawada, Pune - 411 006., Tet: 020-26614393,26614403,76615322 Fax: 020-25615032Email : meda@vsnt.com / mahaqriamumbai@vahoo.com dq.meda@nic.inHttp ://www.mahaurj a. com

MANIPURDirectorManipur Renewable Energy Devetopment Agency (MANIREDA)Department of Science, TechnotogySai Road, Takyetpat, lmphat-795001, Tel: 0385-2772685; FAX: 91-385-224930Email : mtou singh@vahoo.com

MEGHALAYADirectorMeghalaya Non-conventional & Rural Energy Devetopment AgencyLower Lachaumiere, Opp. P&T Dispensary, Near BSF Camp (Mawpat), Shittong - 793 001Tetefax: 0364-537343 ; http: / / mnreda. eov.in

MIZORAMDirectorZoram Energy Development Agency (ZEDA)Zuangtui, P.O. Zemabawk, Aizawt, Mizoram - 796017Tet: 0389-2350664; 2350664,2350665, Fax: 2350564 | 2350664,Emait : zedaizawi@hotmai[.com

NAGALANDProject DirectorNagatand Renewable Energy Devetopment Agency (NREDA)NRSE Cett Rural Devetopment Department, Nagaland Secretariat, Kohima, NagatandTetefax 0370-241408

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

h

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PUNJABChief ExecutivePunjab Energy Development AgencySCO 134-136, Sector 34-A, Chandigarh - 160 036T el: 0172-2663392; EPBX 2G63 3 ZB / 2663382, Fax: 0172-2646384Emai[ : peda@etide. net.in / mpsineh66@vahoo.com, peda_spa@vahoo.co.in

DirectorPunjab Energy Development AgencySCO 134-136, Sector 34-AChandigarh - 160 036Tet: 0172-663392; EPBX 663328/663382, Fax: 0172-2646384Emai[ : peda@qtide.net.in

RAJASTHANChairman & Managing Director,Rajasthan Renewable Energy Corporation LimitedE-166, Yudhister Marg, 'C' Scheme, jaipur - 302 001Tet: 0141-2225898 / 2228198 (O), Fax: 0141-222602}Email : rrec-iai@vahoo.co.in / esomanl@datainfosvs.net: http://www.rajenerey.com

SIKKIMDirectorSikkim Renewabte Energy Devetopment Agency, Government of sikkimD.P.H. Road (Near Janta Bhawan), Gangtok - 737 101,Tet: 03592- 22659, Fax: 03592-72245Emai[ : stq_sreda@sancharnet.in

TAMIL NADUChairman & Managing DirectorTamil Nadu Energy Devetopment Agency (TEDA)EVK Sampath Buitding, Chennai - 600 006Tet: 044-28224832 F ax: 044-28236592Emai[ : teda@md4.vsnt. net.in

TRIPURAChief Executive OfficerTripura Renewabte. Energy Devetopment Agencyvigyan Bhawan, Znd Ftoor, Pandit ilehru comptex, west Tripura , Agartata - 799 006Tet: 0381 -2225900,232-6139 (O), Fax. 0381 -ZZS}OOEmait : tredaaqt@vahoo.co.in

UTTAR PMDESHChairman and DirectorNon-conventional Energy Development Agency (NEDA), U.p.Vibhuti Khand, Gomti Nagar, Lucknow - 2?-6 010TeI: 0522-2720652 (O); Fax: 0522-2720779, Z7Z08Z9Emait : nedaup@dataone.in ; http://neda.up.nic.in

41.4

UTTMKHANDDirectorUttrakhand Renewabte Energy (UREDA) Devetopment AgencyEnergy Park Campus, Industria[ Area, Patel Nagar, Dehradun-24g001Tele :0135-2710560; Fax No. 0135-2521553Emai [ : aruntvqi @vahoo. com ; http: / /www. uttara. i n/ ureda/i ntro. htmt

WEST BENGALDirectorWest Bengal Renewable Energy Development AgencyBikatpa Shakti Bhawan, Ptot- J-1 /10, EP & GP Block,Salt Lake, Electronice Comptex,Sector- V, Kotkatta - 7 0009 1, Tel. 033 -23575038, 2357 5348 (O ), Fax 2357 5037, 23575347Emai[ : wbreda@cat.vsnl.net.in ; http: //www.wbreda.orq

ANDAMAN & NICOBAR ISLANDSExecutive Engineer (NRSE)Etectricity Department,office of the Executive Engineer, NRSE Division, prothrapur, port Bl.air - 744 105Tet. 031 92-250577 , Fax. 031 92-250930

CHANDIGARHDirector (Science & Technotogy), Chandigarh AdministrationAdditional Town Hatt Buitding,Zno Floor, Sector-17 C, ChandigarhTete: 01 72-27 45502 (O); 2726698 (Fax)

DADRA & NAGAR HAVELIDevetopment and Ptanning OfficerAdministration of Dadra & Nagar Haveli, Silvassa, Tet. 0260-642070

LAKSHADWEEPExecutive EngineerEtectricity Department, Lakshadweep Admi nistration, Kavaratti - 682555Tet. 04896 -262363, Fax. 262936

PONDICHERRYProject Director (IREP)Renewabte Energy Agency of PonicherryNo.10, Second Main Road, Elango Nagar, Pondicherry - 11.Tet. 0413-2244219 (O), Fax. 0413-333601

LADDAKHChairman & Chief Executive Councillor,Ladakh Autonomous Hi[[ Devetopment Council (LAHDC)LEH, Ladakh (J e K State) 194 101

f

15