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HomeNewsBusinessModi renames rooftop solar scheme as 'PM Surya Ghar: Muft Bijli Yojana' with Rs 75,000-cr investment

Modi renames rooftop solar scheme as 'PM Surya Ghar: Muft Bijli Yojana' with Rs 75,000-cr investment

Union minister for power and new and renewable energy RK Singh said those who availed low-income houses under the Pradhan Mantri Awas Yojna will be considered in this scheme.

February 13, 2024 / 14:55 IST
rooftop solar

rooftop solar

Prime Minister Narendra Modi on February 13 renamed the government's revamped rooftop solar scheme as 'PM Surya Ghar: Muft Bijli Yojana', which aims to solarise one crore households in India.

The programme aimed to boost solar power intends to provide up to 300 units of free electricity every month to households which get solar panels installed.

"In order to further sustainable development and wellbeing of people, we are launching the 'PM Surya Ghar: Muft Bijli Yojana'. This project, with an investment of over Rs 75,000 crore, aims to light up one crore households by providing up to 300 units of free electricity every month," the prime minister said on X.

Also Read: Pradhan Mantri Suryoday Yojna: Houses consuming up to 300 units to get rooftop solar free.

From substantive subsidies, which will be credited to bank accounts directly, to heavily concessional bank loans, the central government will ensure that there is no cost burden on the people, he said. All stakeholders will be integrated to a National Online Portal, the prime minister added.

Modi said that in order to popularise this scheme at the grassroots, urban local bodies and panchayats shall be incentivised to promote rooftop solar systems in their jurisdictions.

"At the same time, the scheme will lead to more income, lesser power bills and employment generation for people. Let's boost solar power and sustainable progress. I urge all residential consumers, especially youngsters, to strengthen the PM - Surya Ghar: Muft Bijli Yojana by applying at -- https://pmsuryaghar.gov.in," Modi said.

Also Read: Pradhan Mantri Suryoday Yojana: REC Ltd made nodal agency; to lend Rs 1.2 lakh cr

On February 2, Union minister for power and new and renewable energy RK Singh said the Government of India is going to identify one crore households that consume up to 300 units of electricity per month for the scheme. More importantly, such households will not have to pay for solar installations on their rooftops. Singh added that those who availed low-income houses under the Pradhan Mantri Awas Yojna will be considered in this scheme.

The government has appointed eight central public sector undertakings (CPSUs) to implement the scheme across all states and union territories of the country. These include NTPC, NHPC, EESL, PowerGrid, Grid-India, THDC, SJVN and NEEPCO. These CPSUs will be responsible for installation of rooftop solar in one crore households.

Sweta Goswami
first published: Feb 13, 2024 02:55 pm

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