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MNRE Certificate

In order to promote new and renewable energy in the country , Ministry of new and renewal energy  Govt of India – has given the various subsidies and exemptions for the manufactures of solar water heaters who are in line with manufacturing specifications set out by MNRE Govt of India.

The manufacturers desirous of availing the exemption shall submit Project Report project promoter/developer with full details including list of items certified by them and the chartered engineer, and necessary Declaration/Undertaking thereof, as per the format prescribed. The application in triplicate and complete in all respects shall be routed through the concerned State Department / Designated Agency and submitted to the designated Officer in the MNRE.

Benefits of having MNRE certificate (Financial Assistance)

General category states for all types of beneficiaries 

30% capital subsidy or loan at 5% interest on 80% of the benchmark cost

Special category states for domestic & non commercial categories (not availing accelerated depreciation)  

60% capital subsidy or loan at 5% interest on 80% of the benchmark cost

Special category states for commercial users category (availing accelerated depreciation)  

30% capital subsidy or loan at 5% interest on 80% of the benchmark cost

Benchmark Cost  

ETC based systems: Rs. 10,000/ sq. m. FPC based systems: Rs. 11,000/ sq. m.