Solar Subsidy Scheme
Switch to Solar Energy with Government Interest Support
Solar Subsidy Scheme
Under the Haryana State Renewable Energy Scheme, the government provides an interest subsidy of 5% per annum on term loans taken for implementing solar energy technology in MSMEs. The benefit is up to ₹10 lakh per year for three years, effectively reducing the cost of solar power adoption.
5% interest subsidy on term loan for solar technology
Maximum subsidy of ₹10 lakh per year for 3 years
Available for any category of enterprise
Applicable anywhere in Haryana
Why Apply for This Scheme
Clean Power
Solar energy reduces dependence on grid power and lowers carbon emissions.
Electricity Savings
Solar generation can offset 50–80% of captive power consumption costs.
Long-Term ROI
Solar systems have a 25-year lifespan, delivering decades of savings.
Green Credentials
Solar adoption supports ZED Certification and green supply chain requirements.
Grid Independence
Reduces vulnerability to electricity tariff hikes and load shedding.
Low Financing Cost
5% interest subsidy makes solar project financing significantly cheaper.
How Swastik Consultants Helps
Solar Feasibility
We assess your roof area, power consumption, and solar generation potential.
Vendor & Finance
We connect you with MNRE empanelled solar vendors and solar loan providers.
Subsidy Filing
We file the HAREDA and state interest subsidy applications simultaneously.
Net Metering
We assist with DHBVN / UHBVN net metering application and approval.
Who Can Apply?
Any category of enterprise (Micro, Small, Medium, Large)
Solar technology implemented within the business premises
Term loan from a scheduled bank or financial institution for solar project
Project implemented by MNRE empanelled vendor preferred
Valid GST registration
No pending statutory dues
What You Need
Udyam Registration Certificate (for MSMEs)
Term loan sanction letter for solar project
Loan account statement showing interest paid
Solar system installation certificate
Invoice from solar equipment supplier / EPC contractor
Net metering approval from electricity distribution company
GST registration
Cancelled cheque
Ready to Claim Your Subsidy?
Let our experts identify the right schemes for your business and handle everything end-to-end.