PM-Surya Ghar: Muft Bijli Yojana - A Leap Towards Solar Empowerment in Indian Households
On February 29, 2024, the Union Cabinet unveiled a transformative initiative, PM-Surya Ghar: Muft Bijli Yojana, with an impressive outlay of Rs.75,021 crore. Aimed at installing rooftop solar systems in one crore households, this scheme, launched by the Hon’ble Prime Minister on February 13, 2024, is set to revolutionize the way India harnesses solar energy. Let's explore the key features of this ambitious scheme.
1. Substantial Subsidies for Rooftop Solar Installations
The scheme offers a Central Financial Assistance (CFA) of 60% of the system cost for 2 kW systems and 40% for systems between 2 to 3 kW capacity, capped at 3 kW. This translates to a subsidy of Rs 30,000 for a 1 kW system, Rs 60,000 for 2 kW, and Rs 78,000 for systems of 3 kW or higher. This substantial subsidy makes solar installations more accessible and affordable for a vast number of households.
2. Easy Access and Decision-Making through a National Portal
Households can apply for the subsidy through the National Portal (https://pmsuryaghar.gov.in). This portal is not just a gateway to apply for subsidies but also assists households in selecting a suitable vendor for installing rooftop solar. It provides essential information like appropriate system sizes, benefits calculator, and vendor ratings, aiding in informed decision-making.
3. Collateral-Free Low-Interest Loans
The scheme facilitates access to collateral-free low-interest loans for the installation of residential Rooftop Solar (RTS) systems up to 3 kW. With interest rates around 7%, this provision significantly eases the financial burden on households, encouraging more people to adopt solar energy.
领英推荐
4. Model Solar Villages for Wider Adoption
A unique aspect of the scheme is the development of a Model Solar Village in each district of the country. These villages will serve as role models for the adoption of rooftop solar in rural areas, demonstrating the benefits and feasibility of solar energy in everyday life.
5. Incentives for Urban and Rural Local Bodies
Urban Local Bodies and Panchayati Raj Institutions are also set to benefit from incentives for promoting RTS installations in their areas. This inclusive approach ensures that the benefits of solar energy reach every corner of the country, from bustling urban centers to serene rural landscapes.
6. Payment Security and Fund for Innovative Projects
The scheme also includes a component for payment security for Renewable Energy Service Company (RESCO) based models, along with a fund for innovative projects in RTS. This ensures a secure and sustainable financial environment for companies and entrepreneurs venturing into rooftop solar projects.
7. Aiming for a 30 GW Solar Capacity Addition
One of the most ambitious goals of the PM-Surya Ghar: Muft Bijli Yojana is the addition of 30 GW of solar capacity through rooftop solar in the residential sector. This target, once achieved, will mark a significant milestone in India's renewable energy journey.
Conclusion: Illuminating a Sustainable Future
PM-Surya Ghar: Muft Bijli Yojana is more than just a government scheme; it's a vision for a sustainable and self-sufficient India powered by the sun. By making solar energy accessible, affordable, and attractive, this initiative is set to transform the energy landscape of the country, paving the way for a cleaner, greener, and brighter future.