Renewable Energy · Karnataka
Solar PV plant Subsidy in Karnataka
Solar PV plant
NABARD Unit Cost for Solar PV plant in Karnataka
Government-approved benchmark amount for renewable energy financing
Solar PV plant — per MW
Eligibility for Solar PV plant Subsidy in Karnataka
Who can apply
- Individual farmers with land records (7/12, patta, or registered lease deed) in Karnataka
- Farmer Producer Organisations (FPOs) and Self-Help Groups (SHGs)
- Agri-entrepreneurs and cooperatives for commercial-scale investments
- SC/ST farmers and women farmers (eligible for enhanced subsidy component of 5–10% additional)
Specification note
This unit cost applies specifically to: per MW. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.
How to Apply for Solar PV plant Subsidy in Karnataka
Step-by-step process
- Prepare a Detailed Project Report — Use the NABARD unit cost of ₹5,00,00,000 – ₹6,00,00,000 as the benchmark for a per MW investment.
- Visit your bank in Karnataka — Bring Aadhaar, land records (7/12 or patta), and the DPR to a nationalised bank, RRB, or PACS branch.
- Scheme linkage — The bank will link your application to PM KUSUM.
- Technical verification — A department officer inspects the asset after installation and submits a verification report to the sanctioning authority.
- Subsidy credit to loan account — The capital subsidy is deposited directly into your loan account, reducing the outstanding principal. Total processing time: 30–60 days.
Relevant central schemes:
More Renewable Energy Subsidies in Karnataka
- Wind Energy₹4,50,00,000
- Solar Thermal Plant₹14,00,00,000
- Biomass Gasification₹5,50,00,000
- Small Hydro₹6,50,00,000
- Solar roof top powr plant₹85,000
More Subsidy Categories in Karnataka
Agri Finance & Credit
Loans, crop insurance and investment norms — NABARD unit costs, PMFBY rates and KCC interest.
Weather & Crop Advisories
District-level agromet advisories combining IMD 5-day weather forecasts with crop-specific pest, disease and irrigation recommendations.
Agriculture News
Daily updates on mandi price movements, scheme announcements, weather advisories and crop-wise reports from state agriculture departments.
Agri Input Dealers
Find licensed seed, fertilizer and pesticide dealers near you.
Frequently Asked Questions
What is the NABARD subsidy amount for Solar PV plant in Karnataka?
The NABARD unit cost for Solar PV plant in Karnataka is ₹5,00,00,000 – ₹6,00,00,000 (specification: per MW). This is the benchmark amount banks use when sanctioning a term loan for this activity. The actual subsidy you receive depends on the scheme — typically 25–50% of the unit cost.
What does "per MW" mean for Solar PV plant?
The specification "per MW" defines the exact scale or parameters of the investment — such as area in hectares, capacity in litres per day, number of animals, or structural dimensions. NABARD unit costs are tied to this specification; a different scale may have a different unit cost. If your project differs, ask your bank to use the nearest applicable NABARD benchmark.
How do I apply for the Solar PV plant subsidy in Karnataka?
Step 1: Prepare a DPR for Solar PV plant using the NABARD unit cost of ₹5,00,00,000 – ₹6,00,00,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Karnataka with land records, Aadhaar, and the DPR. Step 3: The bank appraises and routes the subsidy claim through the Renewable Energy department. Step 4: After physical verification, the subsidy is deposited into your loan account. Total processing time is typically 30–60 days.
Which government scheme covers Solar PV plant in Karnataka?
Solar PV plant falls under the Renewable Energy category. Relevant central schemes include various NABARD-refinanced schemes. Check the Apply section below for the specific portal and nodal department in Karnataka.
Which state gives the highest subsidy for Solar PV plant?
Karnataka offers ₹5,00,00,000 – ₹6,00,00,000 for Solar PV plant, which is among the higher rates across Indian states. The compare table below shows the exact amount in each state where NABARD has published a unit cost for this activity.
What is the loan repayment period for Solar PV plant financing in Karnataka?
NABARD-linked term loans for renewable energy investments like Solar PV plant typically have a repayment period of 5–9 years (including a moratorium of 1–2 years). The moratorium aligns with the gestation period of the investment — for example, a fruit orchard may take 3 years to yield income, so repayment begins after that. Exact tenure depends on your bank and the specific scheme.