PM Surya Ghar Muft Bijli Yojana (PMSGMBY) crosses milestone of 10 lakh installations.
Launched in 2024, PMSGMBY, under Ministry of New and Renewable Energy (MNRE), is the world's largest domestic rooftop solar initiative.
Under PMSGMBY, Government has disbursed Rs. 4,770 crore in subsidies to 6.13 lakh beneficiaries.
Chandigarh and Daman & Diu have achieved 100% of their
rooftop solar targets for government buildings. Gujarat is top performing state in solar rooftop installations
followed by Kerala and Uttar Pradesh.
About PMSGMBY:
Objective: Installing Rooftop Solar (RTS) & providing free electricity for up to 300 monthly units for 1 Crore households.
Duration: Till FY 2026-27.
Eligibility: Only Residential Consumers or Residential Welfare Societies (RWAs).
Residential Households get a subsidy of Rs. 30,000 per
kW up to 2 kW, Rs. 18,000 per kW for additional capacity up to 3 kW, and Rs. 78,000 total subsidy for 3 kW.
RWAs get a subsidy of Rs. 18,000 per kW for common facilities.
Financing: Collateral-free loans up to 2 lakh at a 6.75%
subsidised interest rate through 12 Public Sector Banks.
Creation of Model Solar Village: One Model Solar Village
per district selected to demonstrate solar energy adoption. To qualify, a village must be a revenue village with 5,000+ population (2,000+ in special category states).
Impact of PMSGMBY:
Expansion of Renewable Energy: Expected to add 30 GW of solar capacity through residential rooftop
installations by 2027.
Government Saving: Projected to save the government. 75,000 crore annually on electricity costs.
Environmental Benefits: Each solar installation offsets carbon emissions equivalent to planting 100 trees.
Employment: Projected to create 17 lakh direct jobs.
#govtscheme #SolarRooftop
Launched in 2024, PMSGMBY, under Ministry of New and Renewable Energy (MNRE), is the world's largest domestic rooftop solar initiative.
Under PMSGMBY, Government has disbursed Rs. 4,770 crore in subsidies to 6.13 lakh beneficiaries.
Chandigarh and Daman & Diu have achieved 100% of their
rooftop solar targets for government buildings. Gujarat is top performing state in solar rooftop installations
followed by Kerala and Uttar Pradesh.
About PMSGMBY:
Objective: Installing Rooftop Solar (RTS) & providing free electricity for up to 300 monthly units for 1 Crore households.
Duration: Till FY 2026-27.
Eligibility: Only Residential Consumers or Residential Welfare Societies (RWAs).
Residential Households get a subsidy of Rs. 30,000 per
kW up to 2 kW, Rs. 18,000 per kW for additional capacity up to 3 kW, and Rs. 78,000 total subsidy for 3 kW.
RWAs get a subsidy of Rs. 18,000 per kW for common facilities.
Financing: Collateral-free loans up to 2 lakh at a 6.75%
subsidised interest rate through 12 Public Sector Banks.
Creation of Model Solar Village: One Model Solar Village
per district selected to demonstrate solar energy adoption. To qualify, a village must be a revenue village with 5,000+ population (2,000+ in special category states).
Impact of PMSGMBY:
Expansion of Renewable Energy: Expected to add 30 GW of solar capacity through residential rooftop
installations by 2027.
Government Saving: Projected to save the government. 75,000 crore annually on electricity costs.
Environmental Benefits: Each solar installation offsets carbon emissions equivalent to planting 100 trees.
Employment: Projected to create 17 lakh direct jobs.
#govtscheme #SolarRooftop