Question: What benefits does Chief Ministerâ€™s Solar Rooftop Capital Incentive Scheme provide?

Answer: Benefits under Chief Ministerâ€™s Solar Rooftop Capital Incentive Scheme:

?Ans: The minimum capacity of the solar rooftop system to be installed is 1 kW.What Is The Maximum Capacity Of The Solar
Rooftop System To Be Installed To Avail The Scheme Benefits?Ans: The maximum capacity of the solar rooftop system to be installed
is 1 MW.Is There Any Subsidy Provided Under The Scheme?Ans: No, there is no subsidy provided under the scheme.What Is The
Incentive Provided Under The Scheme?Ans: The incentive provided under the scheme is a capital subsidy based on the capacity of the
solar rooftop system installed.What Is The Rate Of Capital Subsidy Provided Under The Scheme?Ans: The rate of capital subsidy
provided under the scheme varies based on the category of the applicant and ranges from 20% to 40%.Is There Any Deadline For
Submission Of The Application?Ans: No, there is no deadline for submission of the application.What Is The Application Process For
The Scheme?Ans: The application process for the scheme involves submitting an online application form and the required documents to
TEDA.Can An Applicant Submit More Than One Application?Ans: No, an applicant can submit only one application for the
scheme.How Long Does It Take To Get A Response After Submitting The Application?Ans: The response time for the application
varies and may take up to 30 days.What Are The Eligibility Criteria For The Scheme?Ans: The eligibility criteria for the scheme include
possession of the premises, a clear title of the property, and compliance with the relevant regulations.Can An Applicant Modify The
Application After Submission?Ans: Yes, an applicant can modify the application after submission by logging in to the TEDA
portal.What Are The Benefits Of The Scheme?Ans: The benefits of the scheme include savings on electricity bills, a reduction in carbon
footprint, and a capital subsidy for the installation of the solar rooftop system.Is There Any Restriction On The Type Of Solar Panels To
Be Used?Ans: No, there is no restriction on the type of solar panels to be used, as long as they meet the technical specifications.Is The
Scheme Applicable Only For New Constructions Or Can Existing Buildings Also Apply?Ans: Both new constructions and existing
buildings are eligible to apply for the scheme.What Is The Repayment Period For The Capital Subsidy?Ans: There is no repayment
required for the capital subsidy provided under the scheme.Can A Beneficiary Of The Scheme Apply For Other Schemes Offered By
TEDA?Ans: Yes, a beneficiary of the scheme can apply for other schemes offered by TEDA.Is There Any Maintenance Required For
The Solar Rooftop System?Ans: Yes, regular maintenance is required for the solar rooftop system to ensure its optimal performance.Can
A Non-Resident Indian (NRI) Apply For The Scheme?Ans: Yes, NRIs can apply for the scheme, provided they meet the eligibility
criteria and possess a clear title of the property.Sources And ReferencesGuidelinesFAQsConsumer's GuideApplication Form (Single
Applicant Of Individual House)Application Form (Combined Group Of Flat Owners)OkWas this helpful?News and UpdatesNo new
news and updates availableShareYou need to before applying for
schemesCancelIt seems you have already initiated your application earlier.To
know more please visit CancelApply NowTamil NaduChief Ministerâ€™s Solar Rooftop Capital Incentive
SchemeRenewable EnergySolar RooftopUtilityDetailsBenefitsEligibilityApplication ProcessDocuments RequiredFrequently Asked
QuestionsChief Ministerâ€™s Solar Rooftop Capital Incentive Scheme is a capital subsidy scheme by the Tamil Nadu Government. In
this scheme, a capital subsidy of â‚¹ 20,000 per kilowatt is provided for grid-connected domestic solar PV systems in addition to the 30%
subsidy scheme* of the Ministry of New and Renewable Energy (MNRE) of the Government of India. For individual homes/flats, the
solar system capacity shall be 1 kW. For the residential flats solar system capacities of 5 kW, 10 kW, and multiples thereof can be
applied for common usage as a group application.(* limited to 30% of MNRE benchmark cost or 30% of the project cost, whichever is
less)OkWas this helpful?ShareNews and UpdatesNo new news and updates availableÂ©2024Powered byDigital India
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24303714Last Updated On : 28/03/2024 | v-2.1.1