About Subsidy on solar power plant
Subsidies on solar power plants vary depending on the state and the type of solar system123. The Ministry of New and Renewable Energy (MNRE) provides subsidies ranging from 30% to 90% on benchmark capital cost for all consumers1. Under the Rooftop Solar Power Plant Subsidy Scheme, people can get a 30% subsidy on the installation cost of rooftop solar power plant connections4. People can also avail home loans and priority sector lending loans up to Rs. 10 lakh4.
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