PM-SURYA
GHAR MUFT BIJLI YOJANA - ENVIRONMENT
News:
Cabinet approves
₹75,000-crore ‘free electricity’ solar scheme
What's
in the news?
●
The Union cabinet has recently tweaked the
new ₹75,000-crore PM Surya Ghar Muft Bijli Yojana (Free rooftop solar
electricity scheme).
PM
Surya Ghar Muft Bijli Yojana:
Key
takeaways
1.
Original Plan:
●
To completely subsidize the installation
of 1 kW-3 kW solar systems in one crore households through partnerships with
renewable energy service companies.
2.
Changed Plan:
●
Now, the scheme will only cover up to 60% of the installation costs.
●
Households interested in the scheme will
need to pay the remaining amount, starting from a minimum of ₹20,000, depending
on the power capacity of the installed system.
●
Households can get a low-interest,
collateral-free loan.
●
Only houses with a suitable roof and an
existing grid connection can participate in the scheme. Consumers must still
pay for all the net power they use from the grid.
Go
back to basics:
Pradhan
Mantri Surya Ghar Muft Bijli Yojana
Objective:
●
To deliver 300 units of ‘free electricity’ monthly to 1 crore households via
rooftop solar setups.
Nodal
Ministry - Ministry of New & Renewable Energy
Central
Subsidy:
●
60% of installation costs for 2 kW
systems.
●
40% of costs for systems ranging from 2-3
kW capacity.
○
Systems with higher wattage are
ineligible.
●
At present rates, there will be a subsidy
of Rs 30,000 for 1 kW systems, Rs 60,000 for 2 kW systems, and Rs 78,000 for 3
kW systems or higher.
National
Portal:
●
It will facilitate subsidy applications
and assist in finding a suitable vendor for installing rooftop solar.
●
It will also aid in decision-making by
providing relevant information as needed.