Cabinet approves PM-Surya Ghar: Muft Bijli Yojana

Posted 01 Mar 2024

Updated 27 Mar 2024

2 min read

Key Highlights of the Scheme
- Ministry: Ministry of New & Renewable Energy
- Purpose: Installing rooftop solar (RTS) and providing free electricity for up to 300 monthly units for 1 Crore households.
- Subsidy structure: Central Financial Assistance (CFA) for Residential RTS up to:
  - Rs. 30,000/- per kW up to 2 kW
  - Rs. 18,000/- per kW for additional capacity up to 3 kW
  - Rs 78,000 for systems larger than 3 kW
- Loan for installation of residential RTS: Households can access collateral-free low-interest loan products of around 7% for installation of RTS systems up to 3 kW.
- National Portal: The portal will facilitate households:
  - To apply for subsidies and select a suitable vendor for installing rooftop solar.
  - In decision-making, by providing relevant information such as appropriate system sizes, benefits calculators, vendor ratings, etc.
- Model Solar Village: One village will be developed in each district to act as a role model for the adoption of RTS in rural areas.
- Incentives to local bodies: Urban Local Bodies and Panchayati Raj Institutions will be incentivised to promote RTS installations in their areas.
- Solar capacity addition: Addition of 30 GW of solar capacity through RTS in residential sector.

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