PM Surya Ghar: Muft Bijli Yojana

29 Oct 2024 12:58:41 pm

Tags : PM Surya Ghar: Muft Bijli Yojana

Topic: Renewable Energy

Why in the news?

As part of the ₹75,000- crore PM Surya Ghar: Muft Bijli Yojana, the Ministry of New and Renewable Energy (MNRE) has announced a ₹500-crore sub-component for Innovative Projects.
Under this programme, companies and individuals can submit proposals, which will be perused by a committee, to execute novel ideas connected to rooftop solar installations. Some examples of innovative projects envisioned include blockchain based peer-to-peer RTS [Rooftop Solar], digital solutions for RTS, smart building materials, RTS with EV (electric vehicles), grid responsive RTS with battery storage solutions, DISCOM (Distribution Company) systems for RTS management.

Source: The Hindu

About PM Surya Ghar: Muft Bijli Yojana:

It is a government scheme launched on February 15, 2024, that aims to provide free electricity to households in India.
Under the scheme, households will be provided with a subsidy to install solar panels on their roofs.
The subsidy will cover up to 40% of the cost of the solar panels.
The scheme is expected to benefit 1 crore households across India.
It is estimated that the scheme will save the government Rs. 75,000 crore per year in electricity costs.
The scheme has an outlay of Rs 75,021 crore and is to be implemented till FY 2026-27.
Eligibility:
- The household must be an Indian citizen.
- The household must own a house with a roof that is suitable for installing solar panels.
- The household must have a valid electricity connection.
- The household must not have availed any other subsidy for solar panels.
Under the scheme, DISCOMs are designated as State Implementation Agencies (SIAs) responsible for facilitating various measures, including net meter availability, timely inspection, and commissioning of installations.
- DISCOMs will receive incentives based on their achievement in the installation of additional grid-connected rooftop solar capacity beyond a baseline level.
- The total financial outlay for the ‘Incentives to DISCOMs’ component is Rs 4,950 crore.