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Home NATION PM Surya Ghar Muft Bijli Yojana: Government Approves ₹75,000 Crore Rooftop Solar...

PM Surya Ghar Muft Bijli Yojana: Government Approves ₹75,000 Crore Rooftop Solar Scheme for 1 Crore Families

The approved rooftop solar scheme involves a significant financial support component from the central government, known as the Central Financial Assistance (CFA).

PM Surya Ghar Muft Bijli Yojana: The Union Cabinet, led by Prime Minister Narendra Modi, has given the green light to a ₹75,000 crore rooftop solar scheme aimed at benefiting one crore families. Announcing the ‘PM Surya Ghar Muft Bijli Yojana,’ Union Minister Anurag Thakur revealed that beneficiaries would receive 300 units of free electricity under this initiative. The scheme is expected to fortify the solar energy ecosystem and generate around 17 lakh direct jobs across various sectors, including manufacturing, logistics, supply chain, sales, and installation.

Key Highlights of the ‘PM Surya Ghar Muft Bijli Yojana’

The approved rooftop solar scheme involves a significant financial support component from the central government, known as the Central Financial Assistance (CFA). This financial aid is specifically earmarked for Residential Rooftop Solar projects. The CFA will be capped at 3 kW, translating to subsidies such as ₹30,000 for a 1 kW system, ₹60,000 for 2 kW systems, and ₹78,000 for 3 kW systems or higher, based on current benchmark prices. The initiative aims to accelerate the adoption of solar power at the household level, contributing to sustainable energy practices and job creation in the solar industry.

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