Gujarat Suryashakti Kisan Yojana (SKY) | Solar Panels for Farmers
Gujarat Suryashakti Kisan Yojana (SKY)– The State Government of Gujarat has come up with a new welfare scheme for the farmers of the state. The name of the scheme is Suryashakti Kisan Yojana (Solar power Farmer Scheme). SKY is a solar power scheme launched for farmers. It enables farmers to generate electricity for their captive consumption as well as sell the surplus power to the grid and earn an extra buck.
During the launching program, the Hon’ble Chief Minister of Gujarat Mr. Vijay Rupani said that this scheme is a revolutionary step towards empowering farmers to generate their own electricity using solar energy and help to double their income.
Details of Gujarat Suryashakti Kisan Yojana (SKY)
Under the Suryashakti Kisan Yojana (SKY), the state government will provide solar panels to the farmers according to their load need. These solar panels will be provided to those farmers who have an existing electricity connection. For this, the State and Central governments will give 60 percent subsidy on the cost of the project.
All the farmers will have to bear 5 percent cost. The remaining 35 percent will be provided to the beneficiary as an affordable loan with interest rates of 4.5-6 per cent.
The time period of the scheme is 25 years. This time period has been split between 7-year period and 18-year period.
The State Government will provide per unit rate of Rs 7 (Rs 3.5 by GUVNL + Rs 3.5 by State Government) to the farmers for the first 7 years. For the upcoming 18 years, the state government will provide the rate of Rs 3.5 for each unit sold.
SKY will Start from 2 July
Chief Minister informed that this scheme will be started from 2 July 2018.
Govt to Set Up 137 Feeders Under Gujarat Suryashakti Kisan Yojana (SKY)
SKY aims at setting up separate feeders for agricultural solar energy consumption. Under the scheme, the state government will set up about 137 feeders.
12,400 Farmers Will Get Benefits Under Suryashakti Kisan Yojana (SKY)
The State Government will benefit a total number of 12,400 farmers from 33 districts. It will generate 175 MW. The project cost is around Rs 870 crore.