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Ministry of New and Renewable Energy
Tis G28
Azadi xa
Amrit Mahotsav “WIA 2923 INDIA
Cabinet approves PM-Surya Ghar: Muft Bijli
Yojana for installing rooftop solar in One Crore
households
Posted On: 29 FEB 2024 3:40PM by PIB Delhi
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved PM-Surya
Ghar: Muft Bijli Yojana with a total outlay of Rs.75,021 crore for installing rooftop solar and
providing free electricity up to 300 units every month for One Crore households. The Prime Minister
had launched the scheme on 13th February, 2024.
The major highlights of the scheme include:
Central Financial Assistance (CFA) for Residential Rooftop Solar
i. The scheme provides a CFA of 60% of system cost for 2 KW systems and 40% of additional
2 to 3 KW capacity. The CFA will be capped at 3 kW. At
ill mean Rs 30,000 subsidy for 1 kW system, Rs 60,000 for 2
kW systems and Rs 78,000 for 3 kW systems or higher.
ii, The households will apply for subsidy through the National Portal and will be able to select a
suitable vendor for installing rooftop solar. The National Portal will assist the households in
their de
sizes, benefits calculator, vendor rating etc.
system cost for systems betwe
current benchmark prices, this
yn-making process by providing relevant information such as appropriate system
i, Households will be able to access collateral-free low-interest loan products of around 7% at
present for installation of residential RTS systems up to 3 kW.
Other Features of the Scheme
i. A Model Solar Village will be developed in each district of the country to act as a role model
for adoption of rooftop solar in rural are:
ii, Urban Local Bodies and Panchayati Raj Institutions shall also benefit from incentives for
promoting RTS installations in their areas.
ii, The scheme provides a component for payment security for renewable energy service company
(RESCO) based models as well as a fund for innovative projects in RTS.
Outcome and Impact
Through this scheme, the houscholds will be able to save electricity bills as well as earn additional
income through sale of surplus power to DISCOMs. A 3 kW system will be able to generate more
than 300 units a month on an average for a household. The proposed scheme will result in addition of 30 GW of solar capacity through rooftop solar in the
residential sector, generating 1000 BUs of electricity and resulting in reduction of 720 million tonnes
of CO equivalent emissions over the 25-year lifetime of rooftop systems.
It is estimated that the scheme will create around 17 lakh direct jobs in manufacturing, logistics,
supply chain, sales, installation, O&M and other services
Availing Benefits of PM-!
surya Ghar: Muft Bijli Yojana
The Government has launched a massive campaign since the launch of the scheme for raising
awareness and generating applications from interested households. Households can register
themselves on https://pmsuryaghar.gov.in to avail benefits under the scheme,
DS/SKS
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Read this release in: Gujarati
