Tag: PM-Surya Ghar: Muft Bijli Yojana

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PM-Surya Ghar Muft Bijli Yojana: Over 1 Cr Registered

By LokMarg

Prime Minister Narendra Modi on Saturday said that over 1 crore households have already registered for the solar rooftop scheme PM-Surya Ghar: Muft Bijli Yojana.

“Outstanding news! In about a month since it was launched, over 1 crore households have already registered themselves for the PM-Surya Ghar: Muft Bijli Yojana. Registrations have been pouring in from all parts of the nation,” PM Modi posted on X.

The Prime Minister further said that Assam, Bihar, Gujarat, Maharashtra, Odisha, Tamil Nadu and Uttar Pradesh have seen over 5 lakh regulations.

“Those who haven’t registered should also do so at the earliest,” he added.

The rooftop solar programme announced in the interim Budget tabled on February 1, would be known as PM Surya Ghar: Muft Bijli Yojana.

The rooftop solar project, with an investment of over Rs 75,000 crores, aims to light up 1 crore households by providing up to 300 units of free electricity every month.

To popularise this scheme at the grassroots, Urban Local Bodies and Panchayats shall be incentivised to promote rooftop solar systems in their jurisdictions.

According to the government, the benefits expected from this solarisation are savings up to Rs 15,000-18,000 crore annually for households from free solar electricity and selling the surplus to the distribution companies; charging of electric vehicles; entrepreneurship opportunities for a large number of vendors for supply and installation; and employment opportunities for the youth with technical skills in manufacturing, installation and maintenance.

India meets a sizable portion of its energy needs through coal-fired electricity, and this solar rooftop programme could be seen as an avenue to reduce the dependence of conventional sources of power.

At COP26 held in 2021, India committed to an ambitious five-part “Panchamrit” pledge. It included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, to reducing emissions by 1 billion tonnes by 2030.

India as a whole also aims to reduce the emissions intensity of GDP by 45 per cent and has committed to net-zero emissions by 2070.

About 44 per cent of India’s energy requirements at present come from non-fossil sources and are likely to touch as high as 65 per cent by 2030, much higher than what the country pledged at the COP summit in 2021, Union Minister RK Singh, who handles power and renewable portfolio, said. (ANI)

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PM-Surya Ghar: Muft Bijli Yojana

Cabinet Approves ‘PM-Surya Ghar: Muft Bijli Yojana’

By LokMarg

The Union Cabinet on Thursday 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.

Prime Minister Narendra Modi had launched the scheme on February 13 this year.

Addressing a press conference after a meeting of union cabinet, Information and Broadcasting Minister Anurag Thakur said the initiative will give thrust to solar manufacturing and supply chain and provide direct employment to 17 lakh people.

“It will strengthen solar energy eco-system. It is estimated that the scheme will create around 17 lakh direct jobs in manufacturing, logistics, supply chain, sales, installation and other services,” he said.

The major highlights of the scheme include central Financial Assistance (CFA) for Residential Rooftop Solar.

An official release said the scheme provides a CFA of 60 per cent of system cost for 2 kW systems and 40 per cent of additional system cost for systems between 2 to 3 kW capacity. “The CFA will be capped at 3 kW. At current benchmark prices, this will 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,” it said.

The release said 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 decision-making process by providing relevant information such as appropriate system sizes, benefits calculator, vendor rating.

Households will be able to access collateral-free low-interest loan products of around 7 per cent at present for installation of residential RTS systems up to 3 kW.

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 areas,

The release said that urban local bodies and Panchayati Raj Institutions shall also benefit from incentives for promoting RTS installations in their areas.

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.

“Through this scheme, the households 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 release said.

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 CO2 equivalent emissions over the 25-year lifetime of rooftop systems, it said.

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. (ANI)

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