GREEN ENERGY SCHEME

The Central Electricity Board has, under its Small Scale Distributed Generation Scheme, announced the implementation of a Green Energy Scheme for Cooperatives as announced in Budget Speech 2016-2017.

The objective of the Scheme is to allow cooperative societies to produce electricity from solar photovoltaic systems.  Under the Scheme, cooperative federations and societies would be entitled to install solar PV not exceeding 5 kilowatt peak, and benefit from a one-off grant of Rs10,000 per kilowatt up to a maximum of Rs50,000.  Any excess of electricity produced by a cooperative federation or a society would be credited to its energy account at the Central Electricity Board under a net metering system.

 

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