Solar pumps have been gaining a lot of traction since the announcement of mega plans during the this year’s budget. Solar pumps which were to be taken up in erstwhile Andhra Pradesh, will now to be divided between Andhra and Telangana in 58:42 ratio (on basis of population).
The 5HP pump sets would cost about Rs. 5 lakh each, on which a 30 per cent subsidy will be granted by the Central government. A minimum of 15 per cent of the cost should be borne by the respective State governments as per norms. However, the idea is to see that the beneficiary does not bear more than 15 to 20 per cent of the total cost, officials, seeking anonymity, informed.
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