STATE
Kerala, with a population of 33.4 million, has the first international transhipment terminal in India. It also has a wide range of fiscal and policy incentives for businesses under its industrial and commercial policy.
Installed Solar Capacity
Electricity Generation from Solar
Net Metering Policy
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Year of release2014
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Range allowed1 kW–1 MW
System size and grid integration
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LT single phase< 5 kWLT three phase5 kW–100 kWHTAbove 100 kW
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Maximum capacity w.r.t sanctioned loadNA
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Export of electricity w.r.t consumptionAbove 100%
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Compensation rate for surplusAs per tariff order
Key Players
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Acme Solar Holdings
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Adani Green Energy
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Avaada Energy
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Azure Power
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Greenko Energy Holdings
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Hero Future Energies
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NLC
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NTPC
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Renew Power
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Tata Power
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Amplus Solar
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Azure
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Cleanmax Solar
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Fourth Partner
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Oakridge Solar
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Renew Power
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SunSource
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Tata Power Solar Systems Ltd.
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Think Energy
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Vivaan Solar
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DBS
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ICICI Bank
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IDFC
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IREDA
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PFC
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Punjab National Bank
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SBI Caps
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State Bank of India
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Sunvest Capital
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Yes Bank
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Abu Dhabi Investment Authority (ADIA)
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Actis
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APG Asset Management NV
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Canadian Pension Fund
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Engie SA
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GIC Private Limited
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JERA, Japan
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Piramal Enterprises
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Emmvee Photovoltaics Private Limited
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Goldi Green Technologies Pvt. Ltd.
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Mundra Solar
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Navitas Green Solutions Pvt. Ltd
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Renewsys
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Satvik Green Energy Pvt Ltd
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Tata Power Solar Systems Ltd.
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Vikram Solar
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Waaree Solar
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ABB LTD
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Bosch
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First Solar
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L&T ECC
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Mahindra Susten
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Moser Baer Ltd
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Punj Lloyd Delta Renewables Pvt Ltd
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Sterling & Wilson
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Sunsure
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Vikram Solar
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Asea Brown Boveri Ltd (ABB)
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Delta Electronics India
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Fronius India Pvt Ltd
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GoodWe
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Huawei
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SMA India
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Sofar Solar
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Solis
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Sungrow
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Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC)
Graphs have been developed using HIGHCHARTS software under the Creative Commons Attribution-NonCommercial 3.0 License
Key Indicators
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State solar target1870 MWpBy MNRE for 2022
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Installed solar capacity (November 2020)147 MWRanked 18th in India
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Solar projects installed in 2019-204 MWRanked 22nd in net addition
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Share of state in 2019-200.29 %in electricity generated from solar in India
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Solar parks in state1with approved capacity of 200 MW
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Installed capacity of grid connected rooftop42 MWas of March 2020
Applicable GST Rates
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Solar power projects8.9%
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Solar cells and modules5%
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Electrical transformers18%
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Inverters5%
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Cables18%
Indirect Taxes
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Safeguard duty on solar cells and modules14.9%to reduce to 14.5% from Feb 2021 to July 2021
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Anti-dumping duty on EVA backsheet upto1559 USD/MTon imports from China, Saudi Arabia, Malaysia and Thailand
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Anti-dumping duty on textured tempered glass upto136 USD/MTon imports from Malaysia and China