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Government Provide Subsidies on Solar Water Pump Systems | Four Solar – Hyderabad

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Government Provide Subsidies on Solar Water Pump Systems | Four Solar – Hyderabad

The Ministry of New and Renewable Energy (MNRE) has initiated a five-year programme, Solar Pumping Programme for Irrigation and Drinking Water, in 2014-15 with an initial financial support of Rs 400 crores for the installation of 10 lakh solar water pumping systems in the country for irrigation and drinking water needs. The scheme is being implemented through the state governments that can either carry out solar pumping projects or offer finances through NABARD, commercial banks and other agencies to the farmers in order to encourage solar water pumping. Nowadays, many states are offering subsidies to promote the use of solar water pumps. In its budget 2017-18, the Andhra government has announced the distribution of solar pump sets to farmers at subsidized prices. Also, the Haryana government has proposed to offer 90 percent subsidy to encourage solar water pumps among farmers.

Know more at: https://www.foursolar.com/does-government-provide/

Government provides subsidies for Solar Pumping Programme for Irrigation and Drinking Water for encouraging farmers use solar water pumping.


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