India's leading integrated manufacturer of solar PV modules, EVA encapsulants, and backsheets. RenewSys offers complete manufacturing solutions with facilities in Bengaluru and serves residential and commercial markets nationwide.
National net metering policy allows residential and commercial solar system owners to receive credits at the retail tariff rate for surplus electricity exported to the grid. Systems up to load capacity.
Central government subsidy of INR 30,000/kW for first 2 kW and INR 18,000/kW for additional capacity up to 3 kW. Maximum subsidy of INR 78,000 for 3 kW+ systems. Extended through March 2026.
Commercial and industrial solar investors can claim 40% accelerated depreciation in the first year on solar PV assets, reducing taxable income significantly.
Solar modules attract only 5% GST (reduced from standard 18% rate). Solar cells and modules for manufacturing further attract a concessional rate, reducing overall system costs.
Plot Nos. 21-23, Bommasandra-Jigani Link Road Industrial Area, Bengaluru 560105