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PM Surya Ghar Muft Bijli Yojana Transforming India's Solar Energy Landscape

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PM Surya Ghar Muft Bijli Yojana Transforming India's Solar Energy Landscape

TopicDetails
Scheme NamePM Surya Ghar Muft Bijli Yojana (PMSGMBY)
Launch Date15th February 2024
Launched ByPrime Minister Shri Narendra Modi
ObjectiveProvide free electricity to homes by facilitating rooftop solar panel installations.
InstallationsAverage of 70,000 homes per month; 7 lakh installations in 10 months; target of 10 lakh by March 2025, 20 lakh by October 2025, 40 lakh by March 2026, and 1 crore by March 2027.
SubsidyUp to 40% subsidy, capped at ₹78,000.
Expected SavingsAnnual savings of ₹75,000 crore in electricity costs for the government.
PartnershipMemorandum of Understanding (MoU) signed between three state power distribution companies and Tata Power Renewable Energy.
MoU SignatoriesChairman of DISCOMs, Smt. Aarti Dogra, and CEO & MD of Tata Power Renewable, Shri Deepesh Nanda.
Current Progress26,000+ homes in the state have rooftop solar installations in less than a year.
Support ActivitiesTraining vendors, awareness campaigns, and other activities to promote rooftop solar installations.
Key AttendeesAdditional Chief Secretary (Energy) Shri Alok, MD of Broadcasting Corporation Shri Nathmal Didel, CMD of Rajasthan Power Generation Corporation Shri Devendra Shrungi, and MD of Ajmer DISCOM Shri KP Verma.

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