PM Surya Ghar Muft Bijli Yojana is a flagship government scheme to promote rooftop solar installations for households, and it was launched in 2024.
- Under the Ministry of New and Renewable Energy (MNRE)
- It is a central sector scheme.
- The households will be able to get 300 units of electricity free every month.
- National Level: Managed by the National Programme Implementation Agency (NPIA).
- State Level: Managed by State Implementation Agencies (SIAs), which are the Distribution Utilities (DISCOMs) or Power/Energy Departments of the respective states or UTs.
Subsidy
- The scheme provides subsidies to reduce the cost of installing solar rooftop systems. The subsidy is capped at 3kW.
- 60% subsidy for solar systems up to 2kW capacity.
- 40% subsidy for systems between 2kW to 3kW capacity.
Additional Features
- A “Model Solar Village” will be developed in each district to serve as a demonstration project and promote rooftop solar adoption in rural areas.
- Urban Local Bodies and Panchayati Raj Institutions will receive incentives to promote rooftop solar installations in their respective areas.
- Collateral-free loans up to ₹2 lakh at a 6.75% subsidised interest rate through 12 Public Sector Banks.
Fact
Solar Potential of India
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Source: The Hindu